BNP Paribas partners Ant International to enhance cross-border payment solutions in Europe
The pair will also work to “explore innovations in tokenised deposits for global treasury management”.
Alipay
Mastercard’s joint venture receives approval to commence domestic payments in China
Mastercard’s JV received formal approval from the People’s Bank of China.
China imposes hefty fines on Ant Group and Tencent as it looks to normalise supervision
Ant Group and its subsidiaries have received a penalty of $984.3m, and Tenpay has been slapped a fine of $413m.
Ant Group enables Alipay+ mobile wallet integrations in Thailand
The mobile wallets include Alipay HK (Hong Kong SAR), Kakao Pay (South Korea), and Touch ‘n Go eWallet (Malaysia).
Alipay partners Splitit for ‘pay after delivery’ offering
The service will initially launch in Germany, France and Spain, with plans to expand into other global markets.
FinTech Futures: Top five stories of the week – 22 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Ant Group snaps up majority stake in 2C2P to drive digital payments adoption
Ant Group will become a majority shareholder of 2C2P.
PayPal to avoid Chinese competition with new cross-border wallet
US giant aims to create a bridge into China with its new service.
Trump bans transactions through Chinese apps including Alipay
The applications have 45 days to prepare for the ban.
China’s central bank issues Ant Group ultimatum after blocked IPO
The Peoples’ Bank of China wants Ant to overhaul its business or face the consequences.
Mode CCO: Alipay success can be replicated in the UK
With an IPO looming, Mode has got a busy year of business ahead of it.
Chinese regulators consider AliPay and WeChat antitrust probe
The People’s Bank of China is serious about curbing the giants’ dominance.
China’s largest bank rolls out more deposit services with Alipay
Alipay has been collaborating with ICBC since March 2005.
TransferWise teams with Alipay in latest Asian expansion
TransferWise customers just need the recipient’s name and Alipay ID.
Alipay plans digitisation for 40 million Chinese service providers
The move marks a shift in the business from financial to digital services.
Alipay partner Tranglo integrates Ripple’s cross-border payments
Tranglo partnered with bigtech Alipay earlier this month.
WorldRemit ties up cross-border remittance partnership with Alipay
London-based firm gives users green light to sent money to Alipay wallets.
Tencent brings third player UnionPay to China’s mobile payments arena
UnionPay’s QuickPass serves just 240m users, whilst 1.2bn use Tencent’s WeChat.
Alipay aims for integration with 10m European SMEs by 2024
Chinese payments firm continues its acceptance march in Europe.
Alipay launches prepaid card for international visitors
Prepaid card scheme for international visitors is a first for the giant Chinese payment firms.
How to provide customers from China with a habitual and convenient service
An official account is the first step for a company towards the Chinese audience.
Sibos 2019: Watch out for Asian big techs like Alipay, Accenture warns banks
Bigtechs have been quietly accumulating lots of data.
WeChat Pay and Alipay partner QFPay raises $20m
The latest funding round brings QFPay’s total to $36.5 million.
Video: fintech news weekly round-up – 18 June 2019
This week, the FCA makes a return with pro-consumer rules!
Barclaycard brings Alipay payments to UK retailers
To cater to the many Chinese Alipay users.
Video: fintech news weekly round-up – 28 January 2019
Featuring LatAm, ING, Alipay and Square.
Alipay gets European payments licence
Follows on from Google’s licence earlier this month.
Video: fintech news weekly round-up – 14 January 2019
Featuring N26, RBS and Loot, Google in Ireland, and Alipay in Pakistan.
Alipay powers Pakistan’s “first” blockchain-based cross-border remittance service
Service provided by Telenor Microfinance Bank and Valyou.
IFC and Ant Financial launch programme for talent development
Starting in Indonesia, the programme will target APAC countries.
Australian challenger bank Tyro ties up with Alipay
Says it’s the first Australian bank to integrate with Chinese paytech titan.
Alipay unveils paperless tax refund service in South Korea
Aimed at Chinese tourists in the country.
Alipay and Tenpay fined for breaking Chinese FX rules
China wants to keep money within its confines.
Ant Financial lands $14bn investment for Alipay’s global march
Both domestic and international investors are participating in the investment round.
Alipay moves into Mexico via Openpay
Openpay has a network of more than 17,500 associated points of sale in the country.
Alipay crosses Finnish line for cashless payments
Group of Chinese travellers conclude first ever cashless journey to Finland.
Payments round-up: 26 January 2018
Features Alipay in Israel; ABN Amro and Payconiq ending talks; and Apple’s Business Chat.
Top ten fintech features in 2017
What a merry time it was for fintech features in 2017.
Podcast: Amazon is everywhere
11:FS Fintech Insider podcast featuring FinTech Futures’ Tanya Andreasyan.
