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A regulator with no teeth? Ant Group forced to break up by PBoC
China’s central banking regulator, the People’s Bank of China, is reported to be accelerating plans to bring Ant Group closely under its control as part of a “rectification” drive that... more
The post A regulator with no teeth? Ant Group forced to break up by PBoC appeared first on Payments Cards & Mobile.
Ant Financial – the world’s most valuable private FinTech – heads for IPO
Ant Financial is the world’s most valuable private FinTech company, and grew out of Alipay, the payments system founded by Alibaba in 2004. It also owns Yu’e Bao, the world’s... more
The post Ant Financial – the world’s most valuable private FinTech – heads for IPO appeared first on Payments Cards & Mobile.
Alipay continues mobile payments expansion with 300,000 merchants in Japan
Alipay, the mobile payments arm of Alibaba Group has signed up more than 300,000 retailers in Japan to its m-payments service to serve the growing number of Chinese tourists to... more
The post Alipay continues mobile payments expansion with 300,000 merchants in Japan appeared first on Payments Cards & Mobile.
Alipay continues mobile payments expansion with 300,000 merchants in Japan
Alipay, the mobile payments arm of Alibaba Group has signed up more than 300,000 retailers in Japan to its m-payments service to serve the growing number of Chinese tourists to... more
The post Alipay continues mobile payments expansion with 300,000 merchants in Japan appeared first on Payments Cards & Mobile.
Ant Financial makes big step into Europe with $700 million WorldFirst deal
Ant Financial has finally managed to make its mark in a significant European first. The Chinese financial services giant has agreed to buy UK payments group WorldFirst in a deal... more
The post Ant Financial makes big step into Europe with $700 million WorldFirst deal appeared first on Payments Cards & Mobile.
