World First, the U.K. money transfer company, has shuttered its U.S. business to avoid having its acquisition by Ant Financial of China blocked by regulators...
MoneyGram International is looking at alternatives for the payments company including a sale, reported Reuters. Reuters, citing people familiar with the matter, reported MoneyGram is...
Nielsen, a global information and measurement company, and financial services company Alipay teamed up to create a survey about the trends and habits of Chinese tourists....
Akulaku, a FinTech lending company, has received $40 million in funding from Ant Financial. The funding gives Akulaku, which does most of its business in...
Bukalapak, an online marketplace company from Indonesia, will soon announce a new round of funding, according to reports. Naver Corp. is said to be one...
With mobile payments in China booming, cash is going away — despite efforts by the Central Bank to go after merchants who won’t accept cash....
Ant Financial, the affiliate of Alibaba, is in discussions to pay around $700 million for U.K. payments company WorldFirst. The Financial Times reported that if...
The subway system in Hong Kong will allow commuters to scan a QR code as a payment method after announcing a deal with Alibaba’s payment...
Ant Financial, the Alibaba affiliate, expects its core business will be technology services down the road as it expands beyond only payments. In an interview...