On the regulatory front, last week saw a bit of news about mergers – actually, more than a bit. Specifically, the agreement for U.S. credit...
The People’s Bank of China (PBoC) has ordered all online payment companies to channel mobile payments through a new clearing house by next June, which could...
China’s Ant Financial is targeting the Malaysian market by forming a mobile wallet joint venture with a subsidiary of local bank CIMB. Finextra reported news...
While there is still much in the way of debate in the U.S. and the rest of the developed West about the shape of things...
Alibaba Holding affiliate Ant Financial has resubmitted its bid to buy U.S. money transfer company MoneyGram to U.S. authorities for review. Reuters, quoting unnamed sources...
Ant Financial, the financial arm of Alibaba specializing in wealth management, nearly doubled its profit during its 2017 fiscal year in part because of its mobile...
Alibaba, China’s largest eCommerce company, and Ant Financial, its financial services arm, are gearing up to invest $1 billion or more in Ele.me, the Chinese...
The world should watch Alibaba closely. While the Chinese eCommerce giant’s international presence to date is relatively small, that fact looks to change in just...
Digital payments have become big business in India since the government moved to ban high-value banknotes late last year. Recently, India’s digital wallet, payment and...