Ant Group

Today In Payments Around The World: Ant Eyes Credit Unit Overhaul; FCA Releases Pandemic Resiliency Survey Data
Today In Payments Around The World: Ant Eyes Credit Unit Overhaul; FCA Releases Pandemic Resiliency...
January 07, 2021  |  International

In today’s top payments news around the world, China’s Ant Group is mulling the creation of a new consumer loan unit, while the British financial...

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China’s Ant Group Mulling Creation Of New Consumer Loan Unit
China’s Ant Group Mulling Creation Of New Consumer Loan Unit
January 07, 2021  |  International

China’s Ant Group is mulling the creation of a new consumer loan unit that would allow it to continue making loans throughout the country while...

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Trump Executive Order On WeChat, Alipay And Others Catch Consumers In The Middle
Trump Executive Order On WeChat, Alipay And Others Catch Consumers In The Middle
January 06, 2021  |  International

Call it the latest salvo amid tensions between China and the United States that may heat up. With the consumer in focus. To that end,...

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Chinese Government Asks Ant Group To Share Consumer Data
Chinese Government Asks Ant Group To Share Consumer Data
January 06, 2021  |  International

Chinese regulators want billionaire Jack Ma to share consumer-credit data collected from his financial technology company Ant Group, which he’s largely resisted doing for years, The Wall Street...

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Report: Alibaba Founder Ma OK But ‘Lying Low’
Report: Alibaba Founder Ma OK But ‘Lying Low’
January 05, 2021  |  International

After a short period of time in which Alibaba Founder Jack Ma’s whereabouts were unknown, CNBC has reported that Ma is not missing Ma, according...

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Trump Executive Order Bans Transactions With Alipay, 7 Other Chinese Companies
Trump Executive Order Bans Transactions With Alipay, 7 Other Chinese Companies
January 05, 2021  |  Regulation

President Donald Trump has banned transactions with eight Chinese software applications, including Ant Group‘s Alipay, which will escalate tensions with Beijing as he prepares to...

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Jack Ma Out Of Spotlight As Chinese Regulators Pounce
Jack Ma Out Of Spotlight As Chinese Regulators Pounce
January 04, 2021  |  International

The eCommerce billionaire Jack Ma has been in the eye of the storm as China’s regulators have flexed their muscles and taken on FinTech companies....

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Today In Payments: Mnuchin Says Stimulus Check Distribution Underway; Most Christmas Activations Were Older iPhones
Today In Payments: Mnuchin Says Stimulus Check Distribution Underway; Most Christmas Activations Were Older iPhones
December 30, 2020  |  News

In today’s top news, stimulus check distribution began Tuesday, and 9 out of 10 Christmas phone activations were iPhone models. Plus, a “K-shaped” recovery is...

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Ant Group’s Restructuring Could Slash Its Valuation And Slow Its Growth
Ant Group’s Restructuring Could Slash Its Valuation And Slow Its Growth
December 29, 2020  |  International

Chinese giant Ant Group’s plan to put its online financial businesses into a holding company to satisfy regulators could slash the firm’s valuation, require billions...

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