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...
Ant Group’s consumer finance arm is set to more than double in size. Last week saw the China Banking and Insurance Regulatory Commission approve an...
Chongqing Ant Consumer Finance — the consumer finance unit of China-based Ant Group — is reportedly planning to raise the equivalent of $1.5 billion in...
Singapore-based digital wholesale bank ANEXT Bank, which is a wholly owned subsidiary of Ant Group, has launched a new program that aims to use embedded...
Digital payments platform Alipay+ has partnered with Asian mobile payment providers to enable the use of four digital wallets in South Korea. With these integrations...