In brief: Alipay cracks under pressure from China
The Chinese state is tightening its grip on the FinTech Alibaba. Its financial subsidiary Ant Group is particularly targeted. To better control i...
ADN'ews by Galitt is a content platform dedicated to innovation in financial services and payment.
The Chinese state is tightening its grip on the FinTech Alibaba. Its financial subsidiary Ant Group is particularly targeted. To better control i...
India's number 1 mobile payment service provider, Paytm, is reportedly preparing for an IPO. This IPO (Initial Public Offering) would represe...
The Chinese e-commerce giant Alibaba has just announced the launch of its NFT sales platform which will facilitate the sale and purchase of Non T...
SWIFT today announced a service that will allow banks to verify beneficiaries' account details before sending an international payment, elimi...
Many rumours made the rounds, but Ant Financial –financial arm for the e-commerce giant Alibaba– eventually announced a $14 billion funding round...
Alibaba’s financial arm, Ant Financial, is mostly famous for their relentless endeavour to design more financial services… Like their parent comp...
Despite a tougher regulatory environment for securitising its loans, Ant Financial’s consumer lending activity has been growing strong, reaching ...
After a $14 billion funding round, Alibaba’s financial arm introduced a new brand focusing on financial technologies. As part of their strategic ...
Players’ Strategy CHINA – Ant Financial partners with EMVCo to boost their platform internationally. Their list of technical partners inclu...
Players’ Strategy FRANCE – Nickel claims 4,800 agents (1 in 5 newsagents) or 60% increase year-over-year. Goal: attract 10,000 agents by 20...
Players’ Strategy – Consolidations Building the Future of Payments DENMARK / GERMANY – The Danish payment solutions specialist Nets merges ...
FACTS American Modern Insurance Group (Amig) unveils a mobile solution for damage claims making room for a video-based assistance process. ...
FACTS Tencent would be planning to add an instalment service in China by the end of the year. This option, called “Fen Fu” for now, should...
FACTS The American card scheme AmEx teams up with FrenchSys, subsidiary of Cartes Bancaires “CB”.
FACTS The Chinese e-payment giant Alipay partners with Natixis (BPCE group).
FACTS During the Global Summit held in London, Alibaba’s payment platform unveiled their strategic plan to European merchants.
FACTS WeBank, digital bank by Tencent, introduces a new lending offer available from their video-streaming platform.
Biometrics – China witnessing several face recognition-based experiments CHINA – Ant Financial launches Smile to pay. This biometrics-based...
Players’ strategy – Alibaba aims for worldwide reach CHINA – Ant Financial, Alibaba’s financial arm, announced they will be buying out Mone...
According to L’Usine digitale, a partnership is now in place between Alipay and Galeries Lafayette. This would materialise yet another opportunit...