Ant Financial

Facial Recognition Becomes KFC Payment Method

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. Reuters recently reported customers at one of the firm’s...

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Where In The World Is Alipay?
Where In The World Is Alipay?
September 04, 2017  |  Cross-border Payments

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  |  Legal & 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 Credit

Just about two years ago, Ant Financial announced it was launching its own consumer credit scoring model: Sesame Credit. It was a big deal. Sesame Credit...

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FinTech Mergers a-Plenty, While in Trump Era, Fewer Fines for Firms
FinTech Mergers a-Plenty, While in Trump Era, Fewer Fines for Firms
August 14, 2017  |  Legal & Regulation

On the regulatory front, last week saw a bit of news about mergers – actually, more than a bit. Specifically, the agreement for U.S. credit...

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China’s Central Bank Orders New Clearing House For Online Payment Groups
China’s Central Bank Orders New Clearing House For Online Payment Groups
August 10, 2017  |  Cross-border Payments

The People’s Bank of China (PBoC) has ordered all online payment companies to channel mobile payments through a new clearing house by next June, which could...

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China’s Ant Financial Partners With CIMB Subsidiary In Malaysia
China’s Ant Financial Partners With CIMB Subsidiary In Malaysia
July 27, 2017  |  Partnerships

China’s Ant Financial is targeting the Malaysian market by forming a mobile wallet joint venture with a subsidiary of local bank CIMB. Finextra reported news...

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China’s Amazing Cashless Conversion
China’s Amazing Cashless Conversion
July 20, 2017  |  South East Asia

While there is still much in the way of debate in the U.S. and the rest of the developed West about the shape of things...

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