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Hong Kong-based Ant Bank has launched Ant Bank PayLater for AlipayHK users.
BNPL, instalment payments, lending, Alipay, digital wallet
China-based Ant Group has reorganised its businesses to comply with the Chinese central bank’s instructions to sever its Alipay payments service from other services that offer consumer loans.
Alipay, mobile payments, central bank, lending
ecommerce, online payments, WeChat Pay, Alipay
data privacy, PBOC, banks
Smart2Pay, a company that covers online alternative payment solutions worldwide, has added Huabei credit solution to its 200+ payment methods portfolio.
Smart2Pay, Huabei, Ant Financial, Alipay, merchants, cards, alternative payment, credit card
Ant Financial has signed an agreement with Shanghai Pudong Development Bank to support the bank’s digital transformation.
Ant Financial, SPD Bank, financial services, partnership, supply chain finance, biometric identification, risk management.
Ant Financial has signed a strategic cooperation agreement with China Everbright Bank and Everbright Technology, to facilitate the bank’s digital transformation.
Ant Financial, China Everbright Bank, bank digital transformation, online banking, China
Ant Financial’s consumer lending has reached at least 600 billion yuan (USD 95 billion) reports Bloomberg.com
Ant Financial, consumer loans, banking, Alibaba, online banking, assets based securities