Ant Financial

Samsung And Ant Financial Eye AI With $40M Investment
Samsung And Ant Financial Eye AI With $40M Investment
October 25, 2017  |  Investments

Ant Financial, the financial arm of China’s Alibaba, and Samsung Group, the South Korean consumer electronics giant, led a $40 million fundraising round for DeePhi...

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Ant Financial Resubmits To CFIUS For MoneyGram Buy Approval
Ant Financial Resubmits To CFIUS For MoneyGram Buy Approval
September 18, 2017  |  Partnerships / Acquisitions

Ant Financial, the Chinese payment unit of Alibaba, is gearing up to resubmit to the U.S. its application to purchase MoneyGram International. Get the Full...

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Ant Financial Offers Face Scan Service For Package Pickup In China
Ant Financial Offers Face Scan Service For Package Pickup In China
September 15, 2017  |  Innovation

Ant Financial Services Group, the financial affiliate of Alibaba Group, announced news that its customers can now use facial recognition technology to scan, unlock and...

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Equifax Hack May Hinder Ant Financial’s Chances Of Buying MoneyGram
Equifax Hack May Hinder Ant Financial’s Chances Of Buying MoneyGram
September 15, 2017  |  Partnerships / Acquisitions

As a multi-agency advisory panel in the Trump Administration comes to the end of its review of Ant Financial’s acquisition of MoneyGram, the possibility of...

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Trump Blocks Chinese Acquisition Of Chip Maker
Trump Blocks Chinese Acquisition Of Chip Maker
September 14, 2017  |  Legal

The decision by President Donald Trump to block a Chinese fund’s takeover attempt of a U.S. semiconductor company may presage further vetoes of cross-border deals...

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Facial Recognition Becomes KFC Payment Method
Facial Recognition Becomes KFC Payment Method
September 04, 2017  |  Payment Methods

In China, pearly whites may get you supper, at least at one KFC location in one Chinese city. Get the Full Story Complete the form...

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Where In The World Is Alipay?
Where In The World Is Alipay?
September 04, 2017  |  International

Where in the world is Alipay? At this point, pretty much everywhere Chinese tourists might want to go, with most of Europe and North America...

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New York State Of (Cybersecurity) Mind
New York State Of (Cybersecurity) Mind
August 28, 2017  |  Regulation

New cyber-rules are taking effect in New York state, with wide-ranging impact for financial services players near and far.  Brexit gets down to business on...

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The Score On Tencent’s Credit Scoring
The Score On Tencent’s Credit Scoring
August 15, 2017  |  Alternative Finances

Just about two years ago, Ant Financial announced it was launching its own consumer credit scoring model: Sesame Credit. Get the Full Story Complete the form...

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