Ant Group

FCA Wary of AI in Insurance; Harmonic Aims for Mathematical Breakthrough
FCA Wary of AI in Insurance; Harmonic Aims for Mathematical Breakthrough
September 26, 2024  |  Artificial Intelligence

Artificial intelligence is transforming the financial sector, with regulators highlighting potential “uninsurable” risks while innovative applications emerge in small business money management and mathematical problem-solving....

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Chinese Tech Giants Embrace AI for Online Interactions
Chinese Tech Giants Embrace AI for Online Interactions
August 16, 2024  |  artificial intelligence

China’s leading technology companies are swiftly incorporating artificial intelligence (AI) into their services, a move that’s transforming how millions interact, learn and work online. Integrating...

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Report: Ant Group in Talks to Acquire Chinese Healthcare Platform Haodf.com
Report: Ant Group in Talks to Acquire Chinese Healthcare Platform Haodf.com
August 16, 2024  |  Acquisitions

Ant Group is reportedly in discussions to acquire Haodf.com, a Chinese platform that provides online consultations with doctors. The Jack Ma-backed FinTech is interested in...

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Mastercard and Alipay Expand ‘Consumer Friendly Zones’ in China
Mastercard and Alipay Expand ‘Consumer Friendly Zones’ in China
July 03, 2024  |  Travel Payments

Mastercard is expanding its travel payments partnership with China’s Ant Group. The companies announced Wednesday (July 3) that they — along with 12 overseas payment partners of Ant...

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Ant Group Earnings Fall 19% Amid Digital Wallet Efforts
Ant Group Earnings Fall 19% Amid Digital Wallet Efforts
May 14, 2024  |  Earnings

Ant Group’s profits have dropped 19% as the Chinese FinTech expands its digital wallet offering. A report Tuesday (May 14) by Bloomberg News breaks down the...

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Alipay+ Looks to Expand as eWallet Use Grows
Alipay+ Looks to Expand as eWallet Use Grows
May 06, 2024  |  Mobile Wallets

China’s Ant Group is reportedly looking to expand use of its payments product Alipay+. “What we found is that people want to use their home e-wallets when they travel...

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Alipay Launches ‘Consumer Friendly Zones’ in China
Alipay Launches ‘Consumer Friendly Zones’ in China
April 08, 2024  |  Retail

Alipay has launched a series of “International Consumer Friendly Zones” in China. The company’s owner, owned by China’s Ant Group, announced Monday (April 8) it...

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Report: Paytm Verges on Regulatory Victory Amid Larger Troubles
Report: Paytm Verges on Regulatory Victory Amid Larger Troubles
February 11, 2024  |  Regulation

Paytm is reportedly set for a small regulatory win while facing bigger government headaches. The government of the FinTech’s home country of India is on the...

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Ant Group Profit Drops 92% Amid Economic Downturn, Regulatory Scrutiny
Ant Group Profit Drops 92% Amid Economic Downturn, Regulatory Scrutiny
February 07, 2024  |  Earnings

Ant Group reportedly saw a 92% decline in its quarterly profit. The FinTech company continues to face challenges in reviving its business amid an economic...

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