Simon Hu, CEO of Ant Financial, Alipay’s rebranded parent company, announced that Alipay plans to upgrade from merely a financial service platform to a digital life service platform within the next three years.
Ant Financial has announced that their market leading payment platform is now available for all foreign users to pay in China.
Huang Qifan, vice chairman of CCIEE, firmly holds that China's central bank is close to developing its blockchain-based financial technology and will be the first to officially roll out a usable digital currency.
David Marcus, the executive leading Facebook’s Libra initiative, told Bloomberg News that the United States risks ceding ground to China in the global battle for digital payments primacy.
Inspired by China's Alipay Ant Forest initiative for a greener planet, the Philippines leading mobile wallet, GCash, is introducing a new green feature on the app called GCash Forest.
Luohan Academy, an open research institute initiated by Alibaba Group Holding Limited, released its first report examining the relationship between digital technology and economic growth at the 2019 World Economic Forum in Davos.