Ant Group

Quevos, Loyalty Programs, Digital Payments Top This Week’s News
Quevos, Loyalty Programs, Digital Payments Top This Week’s News
January 29, 2021  |  The Weekender

In this week’s news, we saw Quevos secure funding, new data on loyalty and rewards programs, and research on how nonprofits are using digital payments....

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Today In Digital-First Banking: JPMorgan Plans Launch Of UK Digital Retail Bank; The Clearing House Launches Data Sharing Evaluation
Today In Digital-First Banking: JPMorgan Plans Launch Of UK Digital Retail Bank; The Clearing House...
January 27, 2021  |  Banking

In today’s top digital-first banking news, JPMorgan Chase plans to roll out a digital bank in the United Kingdom, while The Clearing House (TCH) has...

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Ant Group’s IPO Green Light Comes With Speed Bumps Ahead 
Ant Group’s IPO Green Light Comes With Speed Bumps Ahead 
January 27, 2021  |  IPO

Green light for an IPO – but speed bumps on the road ahead. The on/off status of Ant Group’s initial public offering seems switched, now,...

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Chinese Regulators Demand Jack Ma Restructure Ant Into Financial Holding Firm
Chinese Regulators Demand Jack Ma Restructure Ant Into Financial Holding Firm
January 27, 2021  |  Legal & Regulation

Responding to pressure from Chinese finance regulators, Jack Ma will restructure Ant Group into a financial holding company, The Wall Street Journal reported on Wednesday...

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Chinese Official: Ant IPO Could Get Back On Track When Issues Are Resolved
Chinese Official: Ant IPO Could Get Back On Track When Issues Are Resolved
January 26, 2021  |  Cross-border Payments

So, payments provider Ant Group’s much-heralded initial public offering (IPO) could be back on? Soon? When it comes to the Chinese government and its regulators,...

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Ant Group’s Value Could Be Cut Further Due To China’s Antitrust Concerns
Ant Group’s Value Could Be Cut Further Due To China’s Antitrust Concerns
January 21, 2021  |  Cross-border Payments

Chinse billionaire Jack Ma keeps getting hit with setbacks. It all started in November when the Shanghai Stock Exchange acted to delay his Ant Group’s...

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Malaysian eWallet Provider TNG Digital Looks To Raise $150 Million For Expansion
Malaysian eWallet Provider TNG Digital Looks To Raise $150 Million For Expansion
January 21, 2021  |  Investments

TNG Digital, the venture launched by China’s Ant Group and Malaysia’s Commerce International Merchant Bankers (CIMB), is in talks to raise $150 million to fund...

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Today In Payments: Jack Ma In First Public Appearance Since Ant IPO Pulled; New PPP Extends $5 Billion During First Week
Today In Payments: Jack Ma In First Public Appearance Since Ant IPO Pulled; New PPP...
January 20, 2021  |  News

In today’s top news, Jack Ma made his first appearance in three months to speak to rural teachers in China, and the new round of...

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Chinese Tycoon Jack Ma Delivers Speech In First Public Appearance Since Ant IPO Pulled
Chinese Tycoon Jack Ma Delivers Speech In First Public Appearance Since Ant IPO Pulled
January 20, 2021  |  Cross-border Payments

Chinese tycoon Jack Ma has resurfaced, giving a virtual speech to rural teachers in China after nearly three months out of the public eye, The...

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