Search Results for "Ant Group"
Jack Ma Steps Down From Ant Group: The Inside Story
Jack Ma, the billionaire founder of Alibaba Group, is giving up control of the fintech unit Ant Group after China cracked down on the tech giant. Ma, one of China’s wealthiest men, has agreed to give up his voting rights
Read More
BBVA Signs Deal To Join Ant Group’s Blockchain-Based Trading Platform Trusple
BBVA has signed an agreement to integrate its cross-border payment and financing services on Trusple, a blockchain-based trading platform powered by Alibaba’s affiliate Ant Group, for greater transparency and security. Trusple aims to accelerate the digital transformation and facilitate the
Read More
Ant Group’s Digital Bank Doubles Down on Financial Inclusion in Rural China
MYbank, an online private commercial bank in China and an associate of Ant Group with a focus on serving rural areas and small and micro enterprises (SMEs), announced that it plans to more than double the number of rural counties
Read More
Alibaba’s Ant Group Focuses Efforts To Be Carbon Neutral by 2030
Ant Group announced it will become carbon neutral by 2030, and pledged its support to bring down emissions through technological innovations, joining the urgent global efforts to curb climate change and its devastating effects. The company will also set up
Read More
Ant Group Ordered to Revamp Its Business As Beijing Pursues Crackdown on Tech Giants
On December 26, 2020, four Chinese financial regulators, including the central bank, summoned Ant Group for regulatory talks, ordering the fintech giant to “rectify” its regulatory violations and “return to its payment origins.” Pan Gongsheng, a deputy governor at the
Read More
Ant Group Unveils Blockchain-Enabled Trading Platform for SMEs
Ant Group has unveiled Trusple, a blockchain based-platform powered by AntChain to help SMEs with cross-border trade. Trusple aims to make it easier and less costly for all participants, especially Small to Medium Enterprises (SMEs), to sell their products and
Read More
Ant Group Launches its Virtual Bank Ahead of Its IPO
Ant Bank, part of Ant Group, has officially launched to offer banking services to Hong Kong citizens. Ant Bank was one of the 8 recipients of the virtual banking license by the Hong Kong Monetary Authority (HKMA), this launch makes
Read More
Ant Group’s INCLUSION Fintech Conference Makes Its Debut in Shanghai
Ant Group, yesterday officially launched its much-talked about inaugural INCLUSION Fintech Conference both to a live audience and virtually. The first day of the conference began with a morning plenary session, followed by 17 forums in the afternoon and a
Read More
Ant Group Revives Grand Plans for its INCLUSION Fintech Conference in Shanghai
Alibaba’s Ant Group announced that its inaugural INCLUSION Fintech Conference originally scheduled for April 2020, will now take place in September 24-26, 2020, in Shanghai. Organised by Ant Group and Alipay, the conference will feature a combination of online and
Read More
Ant Group Unveils New Blockchain Brand AntChain
Ant Group, a leading provider of financial services technology, and the parent company of China’s largest mobile payments business Alipay, today officially launched AntChain, a new technology brand for the company’s blockchain-based solutions that also aggregates other digital technologies including
Read More