Tagged: ant group

Web3 Adoption: Ant Group Digital Technologies Launches ZAN to Provide Blockchain App Development Products

Ant Group Digital Technologies has launched a brand called ZAN which comprises of a full suite of blockchain application development products and services “for both institutional and individual Web3 developers.” For institutional customers, ZAN provides “a solution to help them issue and manage real world… Read More

AI Technology: Ant Group Introduces Financial Large Language Model, New Applications

Ant Group unveiled its financial large language model at the 2023 INCLUSION·Conference on the Bund, alongside two new applications powered by the financial LLM including Zhixiaobao 2.0, an intelligent financial assistant for consumers, and Zhixiaozhu 1.0, an intelligent business assistant serving financial industry professionals. According… Read More

Fintech Alipay+, PayNet to Support Payment for Inbound, Outbound Malaysian Travelers

More Asian travelers to Malaysia will enjoy a seamless digital payment experience at over 1.8 million merchants across the country while Malaysian residents will be able to pay with e-wallets of their home country abroad, thanks to a MOU signed recently between Payments Network Malaysia… Read More

Ant Group Expands Cross-Border Payments Services in Asian Games Support Initiative

In the countdown to the opening of the Asian Games, Ant Group is expanding multiple cross-border digital payment options for international travelers as the Official Prestige Partner of Asia’s largest sports event in 2023. As a native of Hangzhou, the host city of the Games… Read More

Standard Chartered, Ant Group to Support Global Sustainable Development

Standard Chartered (LON: STAN) and Ant Group entered into an agreement to deepen their partnership in driving green and inclusive finance, global fund management and sustainable development. Both parties will jointly contribute “to tackling global issues such as climate change and ocean protection.” Dr. José… Read More

Ant Group Appoints Peng Yang as President of International Business Group

Ant Group recently 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. Eric Jing, Chairman and CEO of Ant Group, said:… Read More

Formal Verification: CertiK Formally Verifies HyperEnclave from Ant Group’s Trust Native Technology

CertiK has successfully completed the formal verification of HyperEnclave, an innovative open and cross-platform Trusted Execution Environment (TEE) from Ant Group’s Trust Native Technology team. This marks the first time in the industry that such “an in-depth formal verification process has been completed for a… Read More

Ant Group Releases Latest Sustainability Report with ESG Strategy Implementation Progress Update

Ant Group released its 2022 Sustainability Report, highlighting progress made in implementing its Environmental, Social and Governance (ESG) strategy throughout 2022. In the technological innovation field, Ant Group has “invested RMB 20.46 billion (approx. USD 2.89 billion) in research and development (R&D) in 2022, effectively… Read More

Web3 Adoption: AntChain Unveils Web 3.0 Initiatives with Fintech Industry Partners

Together with its partners, AntChain recently unveiled a series of new Web3 initiatives, including an open-source project featuring its cross-chain technology and AntChain OpenLab, to support Web3 developer community at the 2023 Ant Group Digital Technologies Developer Conference. Web3 is commonly “known as a more… Read More

Fintech Ant Group Said to Achieve 2022 Carbon Neutrality Across Operations

According to figures certified by the China Environmental United Certification Center (CEC), Ant Group has once again “achieved operational carbon neutrality (Scope 1 & 2) for the second consecutive year, following the company’s initial achievement in 2021.” This marks another concrete step for Ant Group… Read More

Euronet Worldwide Business Segment epay Australia Partners with Alipay+

epay Australia Pty Ltd, a wholly-owned business segment of Euronet Worldwide, Inc. (NASDAQ: EEFT), announced that Alipay+ will be “activated in some 8,000 epay retailers including Australian luxury department store David Jones.” epay Australia’s retailers will “have access to the Alipay+ e-wallet partners including AlipayHK… Read More

Consumer Spending Recovery Observed on Alipay Platform Around Chinese New Year: Report

As this year’s week-long Chinese New Year holiday comes to an end, Ant Group would like to share some observations on Chinese consumers’ spring festival spending and trends. These findings “provide a snapshot of recovering consumption in China’s domestic market and outbound tourism market.” Main… Read More

Billionaire Jack Ma Gives Up Control of Chinese Fintech Firm Ant Group

Billionaire entrepreneur Jack Ma will reportedly end an acting-in-concert pact with three senior executives who had given Ma a 53.46% share of the voting power in Fintech firm Ant Group. Following the restructuring phase, the major shareholders of Ant Group will independently exercise their respective… Read More

Alipay+, a Provider of Cross-Border Payment Solutions, to Serve 100M Digital Wallet Users

Alipay+, a suite of cross-border payment and marketing solutions, has supported global online merchant partners “to serve over 100 million e-wallet users as they flock to take up the offers and benefits since the global Double 11 event kicked off on November 1.” The consumers… Read More

Ant Group Digital Technologies Introduces Storage Engine LETUS

Ant Group Digital Technologies, a digital technology provider under Ant Group, unveiled its blockchain storage engine “LETUS” (Log-structured Efficient Trusted Universal Storage) at the Apsara Conference 2022 in Hangzhou. LETUS, which was developed and designed by the AntChain team, will “increase the effectiveness and lower… Read More

Kenanga Investment Bank, AntChain to Adopt ‘mPaaS’ Tech for Malaysia’s Wealth SuperApp

Kenanga Investment Bank Berhad has entered into an agreement with AntChain Technology Pte. Ltd., 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.” Kenanga’s SuperApp aims “to help Malaysians… Read More

Alipay+ Teams Up with Merchants in Japan to Create Seamless Travel Experiences

Ant Group announced that Alipay+ has expanded its enablement of seamless travel experiences to Japan, where over 1 million local merchants are now “connected to global cross-border digital payments and marketing capabilities to better serve consumers across the world.” Universal Studios Japan is the latest… Read More

Thunes, Alipay+ to Connect European Merchants with Asian Consumers

Thunes, a cross-border payments company, announced a partnership with Alipay+, a suite of cross-border payments and marketing solutions operated by Ant Group. Thanks to this collaboration, Thunes’ customers and merchants in Europe will now be able to accept Asia’s most widely-used mobile wallets: China’s Alipay… Read More

Ant Group’s Privacy-Preserving Computation Framework Is Now Open Source

Ant Group recently announced that its “privacy-preserving” Computation Framework becomes open source, aiming “to make the technologies more accessible to global developers and speed up the Framework’s application in various scenarios.” The Framework is designed “to address pain points in multi-party collaboration on information flows.”… Read More

NFTs: Ant Group, Tencent Now Part of Efforts to Prohibit Crypto Transactions

As part of a self-discipline initiative, China’s leading technology companies have reportedly decided to enforce “real-name” authentication for NFT (or non-fungible token) buyers and also want to help users avoid secondary marketplaces The agreement (not legally binding at the moment) serves as confirmation from the… Read More

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