Ant Group

Ant Group Debuts Virtual Bank In Hong Kong Weeks After Filing IPO

Ant Group Debuts Virtual Bank In Hong Kong Weeks After Filing IPO
Ant Group Debuts Virtual Bank In Hong Kong Weeks After Filing IPO
September 28, 2020  |  Digital Banking

Ant Bank, the virtual banking division of Hangzhou, China-based Ant Group, has launched banking services in Hong Kong, Fintech News reported. Get the Full Story...

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Ant Group Launches B2B X-Border Blockchain Trading Platform
Ant Group Launches B2B X-Border Blockchain Trading Platform
September 25, 2020  |  Blockchain

As Ant Group, the online payment provider, prepares to go public, the China-based company has launched Trusple, a blockchain platform for cross-border trade by small-...

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Today In Payments Around The World: JD.com Works With China’s Central Bank On Cryptocurrency; US Users Rush To Get WeChat App
Today In Payments Around The World: JD.com Works With China’s Central Bank On Cryptocurrency; US...
September 22, 2020  |  Digital Payments

In today’s top payments news around the world, JD.com is working with China’s central bank to advance cryptocurrency, while U.S. WeChat users are reportedly racing to...

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Ant Group’s Planned IPO Could Raise A Record $35B
Ant Group’s Planned IPO Could Raise A Record $35B
September 21, 2020  |  IPO

Ant Group, the online payment provider for China-based Alibaba Group Holding Ltd., is seeking a record return of at least $35 billion as it goes...

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Chinese Consumers Slow To Adopt Pay By Face
Chinese Consumers Slow To Adopt Pay By Face
September 20, 2020  |  Biometrics

Ant Group, one of the world’s most valuable startups and pioneer of digital payments in China, may have lost a $439 million bet it made...

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Today In Payments Around The World: Oracle Appointed TikTok US ‘Technology Provider’; Alibaba Mulls Investment In Grab
Today In Payments Around The World: Oracle Appointed TikTok US ‘Technology Provider’; Alibaba Mulls Investment...
September 14, 2020  |  News

In today’s top news in payments from around the world, Oracle Corp. has said that it was chosen to be ByteDance’s “trusted technology provider” that...

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New Chinese Rule Means Ant Group Must Set Aside At Least $731M And Register As Financial Holding Company
New Chinese Rule Means Ant Group Must Set Aside At Least $731M And Register As...
September 13, 2020  |  Regulation

New Chinese finance rules will force the Jack Ma-backed Ant Group to comply with regulations to back up any payments, lending or other finances with...

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China Tightens Financial Regulations In Advance Of Ant IPO
China Tightens Financial Regulations In Advance Of Ant IPO
September 03, 2020  |  Regulation

Days after one of the world’s highest-valued FinTech conglomerates filed to go public, Chinese regulators are increasing scrutiny of non-bank financial companies. Get the Full...

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Ant Group Files For IPO, Reports $3B In Half-Year Profits
Ant Group Files For IPO, Reports $3B In Half-Year Profits
August 25, 2020  |  IPO

Ant Group has filed for an initial public offering (IPO) of stock that could be the largest in history. Get the Full Story Complete the...

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