Ant Group

Ant to Turn Over Consumer Credit Info to Chinese Government

Ant to Turn Over Consumer Credit Info to Chinese Government
Ant to Turn Over Consumer Credit Info to Chinese Government
September 22, 2021  |  Cross-border Payments

Consumer lending service Ant Group Co. will turn over all of its credit data to Chinese government officials for inclusion in a federal credit reporting...

READ MORE >
B2B Payments Today: China’s Edict Could Cause SMB Headwinds; Visma Eyes 2023 IPO
B2B Payments Today: China’s Edict Could Cause SMB Headwinds; Visma Eyes 2023 IPO
September 13, 2021  |  B2B Payments

Today in B2B payments, MonetaGo is fighting financing fraud and Visma could go public in 2023. Plus, the Chinese government forces Ant to reconfigure its...

READ MORE >
Wide-Ranging Chinese Corporate Crackdown May Grow Ever Wider
Wide-Ranging Chinese Corporate Crackdown May Grow Ever Wider
August 26, 2021  |  Legal & Regulation

The Chinese government’s regulator crackdown has extended well beyond the confines of Big Tech. The question remains … as to what end. And perhaps: where it...

READ MORE >
China Bank Wants Digital Yuan To Dominate Alipay And WeChat Pay
China Bank Wants Digital Yuan To Dominate Alipay And WeChat Pay
July 26, 2021  |  Payment Methods

The People’s Bank of China wants Ant Group and Tencent Holdings Ltd., which operate payment networks Alipay and WeChat Pay, respectively, to help it develop...

READ MORE >
China Holds Up Ant Group As Warning To Other Payment Firms
China Holds Up Ant Group As Warning To Other Payment Firms
July 08, 2021  |  ANTITRUST

The People’s Bank of China is warning big technology companies in the country that they will be subject to the same antitrust scrutiny and measures...

READ MORE >
China Forces Removal Of Didi From WeChat And Alipay Apps
China Forces Removal Of Didi From WeChat And Alipay Apps
July 07, 2021  |  Ridesharing

Chinese regulators forced Tencent’s WeChat messaging service and Ant Group’s Alipay to remove Didi from its app interface and rendered Didi no longer searchable in...

READ MORE >
Ant Group Could Share Data With China Via Credit-Scoring Partnership
Ant Group Could Share Data With China Via Credit-Scoring Partnership
June 23, 2021  |  Cross-border Payments

Jack Ma’s Ant Group is in the midst of discussions with enterprises owned by China that would create a credit-scoring firm while making Ant’s data...

READ MORE >
Today In Payments: Wise Plans Direct Listing On LSE; Ant Could Go Public By Year-End
Today In Payments: Wise Plans Direct Listing On LSE; Ant Could Go Public By Year-End
June 17, 2021  |  News

In today’s top news, Wise plans to go public in London via direct listing, and Ant Group could go public at a slashed valuation. Plus,...

READ MORE >