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Ant Group's partnerships to expand consumer-friendly zones in China

News | Mobile Payments | 09 Apr 2024

Ant Group has signed 11 partnerships with global e-wallets and card organisations as part of a programme to build international consumer-friendly zones in China.

mobile payments, digital wallet, cross-border payments, partnership, digital payments

The Paypers global partnerships analysis Q4 2023 – banking and fintech

Voice of the Industry | Online & Mobile Banking | 22 Mar 2024

The Paypers looked into the most relevant partnerships announced during Q4 2023 within the banking and fintech space, discovering preferences that went from Open Banking technologies and their applications in ecommerce, card payment innovations, as well as an overall focus on financial crime, fraud prevention, crypto, Web3, and CBDC developments. 

partnership, Open Banking, banking, fintech, fraud management, cryptocurrency, crypto, The Paypers Quarterly Analysis series

Ant Group increases transaction limits

News | Mobile Payments | 11 Mar 2024

Ant Group, the fintech affiliate of Alibaba Group Holding, has increased the mobile payment transaction limits for overseas visitors to Alipay and international e-wallets in China. 

travel payments, e-wallet, digital wallet, cross-border payments, credit card, debit card

The role of live commerce in the context of cross-border trade

Interviews | Ecommerce | 21 Feb 2024

Li-Xiong Chu, Account Director at Maximum Advertising Group, talks about the role of live commerce in the context of cross-border trade and examines its prospects.

livestream shopping, ecommerce, cross-border ecommerce, social commerce, sustainability , artificial intelligence, digitalisation, online shopping, expansion

Insights on Open Banking Evolution in Africa – interview with Deloitte

Interviews | Online & Mobile Banking | 01 Feb 2024

Deloitte Africa explores how Africa's financial sector navigates Open Banking's rise, leveraging tech partnerships, overcoming regulatory gaps, and ensuring data security for inclusive, innovative finance.

Open Banking, Open Finance, regulation, report, fintech, banks

Introducing Aidge: Alibaba International's multilingual AI-powered toolkits for SMEs' global growth

Voice of the Industry | Ecommerce | 11 Jan 2024

Alibaba International shares insights about Aidge, an AI tool suite that facilitates global expansion for small and medium-sized enterprises (SMEs).

SMEs, artificial intelligence, ecommerce, SaaS, expansion, customer experience, cross-border payments, cross-border ecommerce

Ant Group to acquire MultiSafepay

News | Payments General | 08 Jan 2024

Ant Group has announced the closing of its deal to acquire Netherlands-based MultiSafepay for USD 200 million deal-sources, in order to expand into the Western market. 

acquisition, expansion, payments , online payments, mobile payments, digital payments, ecommerce

Ant Group partners with Huawei

News | Mobile Payments | 11 Dec 2023

Ant Group, the fintech affiliate of Alibaba Group Holding, has partnered with China-based Huawei Technologies to develop a dedicated version of Alipay.

mobile payments, mobile money, partnership, fintech, e-wallet

The Paypers Global Partnerships Analysis Q3 2023 – Payments and Commerce

Voice of the Industry | Payments General | 10 Nov 2023

The Paypers has researched and analysed the most prolific partnerships that defined and built resilience within the payments & commerce and banking & fintech sectors in Q3 2023, from payments infrastructure, BNPL, the proliferation of Tap-to-Pay, the surge of Open Banking tech, and overall digitalisation attempts for banking and financial services.

payments , paytech, partnership, The Paypers Quarterly Analysis series, ecommerce, fintech

AWC and Ant Group partner on cross-border payments

News | Payments General | 10 Aug 2023

Asset World Corporation (AWC) has signed a memorandum of understanding (MoU) with Ant Group to launch multiple cross-border payments and digital financial solutions.

retail, cross-border payments, digital payments, SMEs, digitalisation

Ant Group swaps stake in India's Paytm

News | Payments General | 08 Aug 2023

China-based Ant Group has announced it will swap its stake in India-based payments company Paytm for convertible debt.

fintech, paytech, investment, regulation, payments

Alibaba opts out of Ant Group stock buyback

News | Payments General | 24 Jul 2023

China-based Alibaba has announced it will not take part in the previously announced share buyback of its fintech arm, Ant Group.

regulation, payments , investment, bigtech, compliance, ecommerce

PingPong provides cross-border payments for AliExpress

News | Ecommerce | 18 Jul 2023

AliExpress has chosen China-based fintech PingPong Payments as one of its first external partners to help Chinese merchants get paid abroad.

ecommerce, merchants, cash, partnership, cross-border payments

ITC and Alibaba.com to support MSMEs in embracing digital trade

News | Ecommerce | 04 Jul 2023

Alibaba.com has signed a Memorandum of Intent (MOI) with International Trade Centre (ITC) to encourage MSMEs to take part in the global digital trade.

Alibaba, ecommerce, digitalisation, SMEs, online shopping

AliExpress augments services for the summer sales

News | Ecommerce | 12 Jun 2023

China-based ecommerce company AliExpress has introduced a series of upgrades to enhance the shopping experience, including free returns and three-day delivery.

ecommerce, delivery, product upgrade, AliExpress, online shopping

Alibaba Cloud to strengthen its global partnership ecosystem

News | Online Payments | 15 May 2023

Digital technology company Alibaba Cloud has announced its plans to further strengthen its ecosystem of global partners by launching a new series of initiatives.

product launch, mobile payments, payments , online payments, online banking, mobile banking, cloud banking, cloud, cloud services, artificial intelligence, web3

Alibaba Cloud launches AI model for intelligence transformation

News | Digital Identity, Security & Online Fraud | 17 Apr 2023

Digital tech and intelligence backbone of Ant Group, Alibaba Cloud, has recently launched a large language model, Tongyi Qianwen. 

artificial intelligence, ecommerce, ecommerce platform, quantum computing, platform, online platform, expansion, Alibaba, digitalisation, fintech, cloud services, cloud

Shopify experiments artificial intelligence with new product-description tool

News | Ecommerce | 14 Feb 2023

Shopify has fiddled with artificial intelligence (AI) by introducing a new product-description tool to capitalise on the buzz surrounding this growing technology.

Shopify, ecommerce, artificial intelligence, ChatGPT, product launch

DHL, Cainiao partner for OOH delivery in Poland

News | Ecommerce | 08 Feb 2023

Germany-based DHL eCommerce Solutions, the logistics specialist of DHL has partnered logistics arm of Alibaba Group, Cainiao Network, to improve out-of-home (OOH) delivery in Poland.

partnership, merger, acquisition, M&As, ecommerce, delivery, merchants, expansion, investment, shopping, online shopping

JD.com pulls the plug on its Thailand and Indonesian platforms

News | Ecommerce | 31 Jan 2023

JD.com has pulled the plug on its Thailand and Indonesian platforms in a setback for the company’s overseas expansion efforts.

ecommerce, data, cross-border ecommerce, supply chain finance, merchants