The founder of Indian eCommerce and payments firm Paytm is now reportedly also its largest shareholder. Paytm Chairman Vijay Shekhar Sharma is set to purchase a 10.3% stake worth...
Ant Group has appointed its senior vice president, Peng Yang, as president of the company’s International Business Group (IBG). Yang will report to Eric Jing,...
Alipay and Mastercard have teamed up to offer a new payment option for international visitors to China, allowing them to go cashless while traveling around...
Ant Group may not see progress on its application for a license from China until the second half of the year or later. The Chinese...
China’s Ant Group’s quarterly profits plummeted following a long-term crackdown on the country’s tech sector. The FinTech contributed $145 million to its affiliate Alibaba’s earnings,...
The world’s most digitally connected country is also a lead innovator in facilitating international business payments. The PYMNTS Q3 2022 ConnectedEconomy™ Index, “How the World...
Alipay+ is offering travelers from Hong Kong an easier way to visit mainland China. The Chinese online and mobile payments company, owned by tech giant...
Ant Group’s founder is set to give up control of the Chinese FinTech. Billionaire Jack Ma will no longer hold majority voting rights in the...