Articles with tag like: Ant Group

Found 18 results in 688 milliseconds.

China's bank regulator tightens requirements on banks' internet loan businesses

News | Payments General | 22 Feb 2021

China’s bank regulator has tightened requirements on the internet loan business of commercial banks.

loans, Commercial Bank, regulator, China, BNPL, Ant Group

Ant Group to restructure as financial holding company

News | Payments General | 05 Feb 2021

Ant Group has reached a restructuring agreement with the Chinese regulator to turn the fintech firm into a financial holding company.

Ant Group, China, restructuring, regulator, banking, holding company, nationalise

Ant Group plans to sell biometric security firm EyeVerify

News | Payments General | 28 Jan 2021

Tech in Asia has reported that Ant Group is planning to sell its US-based asset EyeVerify, a biometric security firm.

Ant Group, US, biometrics, security, EyeVerify, business sale, US, China, banking, payments

Digital wallet provider TNG Digital to secure USD 150 mln investment

News | Cryptocurrencies | 25 Jan 2021

Digital wallet provider TNG Digital, launched by CIMB Bank and Ant Group, has plans to secure $150 million in capital, according to Crowdfund Insider.

digital wallet, TNG Digital, investment, CIMB Bank, China, Ant Financial, Ant Group, online wallet, digital payment, Malaysia, COVID-19, Touch ‘n Go, money market unit trust fund

PBOC drafts antitrust measures for non-bank payment companies

News | Online & Mobile Banking | 22 Jan 2021

China’s central bank has proposed stepping up antitrust measures for companies in the non-bank payments industry, such as Ant Group’s Alipay and Tencent’s WeChat Pay.

PBOC, Ant Group, Tencent, fintech, payment market, banking, monopoly

TNG Digital to raise USD 150 mln for expansion plans

News | Online & Mobile Banking | 22 Jan 2021

Malaysia-based TNG Digital has started talks with investors to raise at least USD 150 million to fund expansion plans.

TNG Digital, CIMB Group, Ant Group, Malaysia, e-wallet, online banking, mobile banking, digital banking

Malaysia-based e-wallet Touch 'n Go in talks to raise USD 150 mln

News | Mobile Payments | 21 Jan 2021

A Malaysian e-wallet operator owned by CIMB Group and China’s Ant Group (Touch ‘n Go) has negotiated with investors to raise at least USD 150 million to fund expansion plans.

TNG Digital, CIMB Group, Ant Group, Malaysia, e-wallet, investment, funding round, fundraising, coronavirus, pandemic, Touch ‘n Go

China to push its tech giants to share consumer credit data

News | Online Payments | 12 Jan 2021

China has shown signs of trying to push tech giants including Ant Group, Tencent, and JD.com to share consumer loan data to prevent excess borrowing and fraud.

China, Ant Group, Tencent, JD, consumer data, credit agencies, banks, PBOC, Open Banking, Open Data

Philippines' Mynt raises USD 175 mln to build on mobile payments surge

News | Mobile Payments | 12 Jan 2021

Philippines-based fintech arm of telco operator Globe and of e-wallet GCash, Mynt, has raised USD 175 million in funding.

Mynt, fundraise, ASP Philippines, PE fund, mobile payment, Ant Group, Alibaba, Philippines

Chinese regulators ask Ant Group to refocus on its payment services provider role

News | Online Payments | 04 Jan 2021

Ant Group has been ordered by Chinese regulators to drastically change its business model and return to its roots as a payment service provider, Bangkok Post reports. 

Ant Group, online payments, regulation, super app

China halts Ant Group's IPO

News | Payments General | 04 Nov 2020

Ant Group’s record USD 37 billion listing has been stopped by Chinese authorities.

Ant Group, IPO, China, lending, fintech, banks, consumer credit

Ant Group gets Hong Kong IPO approval

News | Payments General | 20 Oct 2020

China-based Ant Group has received green light from Chinese regulators to list in Hong Kong, another step towards a large IPO.

Ant Group, Hong Kong, IPO, stock list, Alipay, China, CSRC, Star Market

Ant Group's stock listing raises USD 9 billion

News | Payments General | 12 Oct 2020

Five Chinese funds targeting Ant Group’s upcoming stock listing have raised approximately USD 9 billion cumulatively from more than 10 million retail investors.

Ant Group, China, stock listing, IPO, fintech, Alipay

Ant Group's stock listing raises USD 9 billion

News | Payments General | 12 Oct 2020

Five Chinese funds targeting Ant Group’s upcoming stock listing have raised approximately USD 9 billion cumulatively from more than 10 million retail investors.

Ant Group, China, stock listing, IPO, fintech, Alipay

How Alipay is working with European partners to further digital payments post COVID-19

Voice of the Industry | Payments General | 14 Sep 2020

Jonathan Quin, Ant Group: I believe the key to the successful adoption of mobile payments and a digital lifestyle lies in smart applications of technology, be it artificial intelligence, blockchain, or even the humble QR code.

Alipay, Ant Group, mobile payments, fintech, QR codes, local payments, COVID-19, contactless payments, e-wallets

China-based Ant Group to launch consumer finance company

News | E-invoicing, SCF & E-procurement | 18 Aug 2020

Ant Group, Alibaba’s fintech arm and mobile payments company, has planned to set up a consumer finance firm in the southwestern city of Chongqing, according to Reuters.

China, Ant Group, consumer finance, fintech, mobile payments, tech, Tencent, ByteDance, financial services, ecommerce, Alibaba Group Holding, financial licenses, payments, online banking, insurance, micro lending, Nanyang Commercial Bank, China TransInfo Technology, Contemporary Amperex Technology

Ant Group unveils technology brand AntChain for express blockchain deployment

News | Cryptocurrencies | 23 Jul 2020

Ant Group, a provider of financial services technology, and the parent company of Alipay, has launched AntChain.

Ant Group, blockchain, SMEs, Alipay, AntChain, AI, internet of things, IoT, secure computation, China, innovation

Ant Group plans IPO in Shanghai, Hong Kong

News | Online Payments | 21 Jul 2020

Ant Group has announced plans for an initial public stock offering (IPO) that could become the world’s biggest since the COVID-19 pandemic began.

Ant Group, IPO, Shanghai, Hong Kong, fundraising round, Shanghai Stock Exchange, Hong Kong Stock Exchange, online payments, private credit rating system, Sesame Credit, Alipay, Taobao, ecommerce