Ant Group - News, Articles & Research

Company announcement/payments

Ant International to establish new business development centre in Malaysia creating 500 jobs

Ant International, a digital payment and financial technology leader dedicated to building an inclusive and sustainable global commerce ecosystem, announced that it will establish a new Digital Business Centre in Malaysia, with a focus on tapping local tech talent to drive its global businesses.

18 April 2024

Company announcement/payments

Ant Group raises transaction limits for travelers on e-wallet services inline with new PBOC policy

In response to China's new policies to facilitate international visits, Ant Group is raising single-transaction limit for international travellers using its cross-border payment services from USD 1000 to USD 5000; and annual cumulative transaction limit up from USD 10,000 to USD 50,000.

08 March 2024

Company announcement/payments

Yapily and Ant International to push variable recurring payments across Europe

Ant International, a digital payment and financial services leader dedicated to building an inclusive and sustainable global commerce ecosystem, is expanding its existing partnership with Yapily, the leading European open banking platform to introduce Europe’s first-ever commercial variable recurring payments (VRPs) for e-commerce via Open Banking on mobile payment platforms.

06 February 2024

News/payments

Ant Group eyes up $200 million acquisition of Multisafepay

China's Ant Group is reportedly preparing to acquire Dutch payments firm Multisafepay as it expands further into Western markets.

08 January 2024

Company announcement/wholesale

Ant International unveils next-generation treasury management solutions powered by Web3 technologies

Ant International today unveiled its next-generation treasury management solutions powered by Web3 technologies during Singapore Fintech Festival.

15 November 2023

Company announcement/payments

The National Bank of Cambodia signs MoU with Ant Group for cross-border payments push

The National Bank of Cambodia has signed a Memorandum of Understanding (MoU) with Ant International to promote inbound and outbound cross-border mobile payments.

15 November 2023

Company announcement/payments

Ant International unveils 4-pillar digital payment and commerce strategy

Ant International, a digital payment and financial services leader dedicated to building an inclusive and sustainable global commerce ecosystem, today unveils its 4-pillar strategy in digital payment and digital commerce for global merchants at its flagship Voyage Conference, from its headquarters in Singapore.

14 November 2023

Company announcement/crypto

Banking Circle to explore tokenized deposits with Ant Group

Banking Circle S.A. (“Banking Circle”) today announced a partnership with Ant Group to work on a pioneering liquidity management project, exploring technology innovations on tokenised deposits which will improve efficiency and speed of global fund settlements.

14 November 2023

News/payments

HSBC tests tokenised deposit platform for global treasury payments

HSBC has successfully tested the use of tokenised deposits in intra-group treasury transactions using blockchain technology provided by China's Ant group.

01 November 2023

News/payments

Ant Group adds 10 e-wallets from the Alipay+ programme into China

Ant Group has introduced 10 mobile wallets already used across Asia to the Chinese mainland through the Alipay+ in China (A+China) program. The move comes in preparation for the Hangzhou Asian Games.

19 September 2023

News/retail

Ant Group launches AI model for financial apps

Ant Group announced that it has begun consumer and professional app testing for a finance-specific artificial intelligence (AI) model at the Inclusion Conference on the Bund in Shanghai this week.

08 September 2023

Company announcement/payments

Ant Group brings Alipay+ to the Philippines

Ant Group, the operator of Alipay+, the global cross-border digital payments and marketing solution, today announced that a total of four mobile wallets are now accepted in the Philippines.

05 September 2023

Company announcement/people

Ant Group appoints Peng Yang as president of international business

Hangzhou, China. Ant Group today announced the appointment of Peng Yang, Senior Vice President of Ant Group, as the President of the Company’s International Business Group (IBG). Peng Yang reports to Eric Jing, Ant Group’s Chairman and CEO.

21 July 2023

News/regulation

Ant Group fined $985m

China's central bank has fined fintech behemoth Ant Group $985 million for violating a host of laws and regulations.

07 July 2023

News/retail

Ant could sell stake in Hong Kong bank - Bloomberg

Chinese fintech giant Ant Group could sell a stake in its Hong Kong virtual banking unit, according to Bloomberg.

08 May 2023

Company announcement/retail

AntChain unveils multiple new Web3 initiatives

Together with its partners, AntChain today unveiled a series of new Web3 initiatives, including an open-source project featuring its industry-leading cross-chain technology and AntChain OpenLab, to support Web3 developer community at the 2023 Ant Group Digital Technologies Developer Conference.

26 April 2023

News/people

Jack Ma cedes control of Ant Group

Alibaba founder Jack Ma has ceded control of fintech giant Ant Group under a corporate restructuring which sees his stake in the firm reduced to just six percent.

09 January 2023

News/sustainable

Climate coalition publishes green digital practices guidebook

The Every Action Counts (EAC) coalition has put together a guidebook designed to help firms engage with consumers on climate issues.

11 November 2022

News/payments

Ant rolls out BNPL product in Hong Kong

Ant Group continues to expand its product range in Asia, rolling out a BNPL offering in Hong Kong and small business loans in Singapore.

07 November 2022

Company announcement/wealth

Kenanga Investment Bank to build wealth super app with Antchain technology

Kenanga Investment Bank Berhad (“Kenanga”) has entered into an agreement with AntChain Technology Pte. Ltd. (“AntChain”), part of the Ant Group, to build Malaysia’s first wealth SuperApp using AntChain’s proprietary mobile platform solution. This agreement follows from its recent MoU with AntChain.

31 October 2022