All posts tagged "Alipay"
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259ChinaAnt Group Faces Continued Regulatory Pressure
Regulators asked Ant Group to remove a new fund investment advisory service just a week after its official launch.
January 24, 2022 -
197China
Ant Group Separates Loan Services from Partner Lending
Consumers must give consent for their credit data to be shared with the PBOC to use Ant Group's lending services.
November 30, 2021 -
463Asia-PacificAsia’s Payments Landscape Shines at Singapore Fintech Festival
The Asian fintech scene witnessed a raft of new announcements at this year's Singapore Fintech Festival held from 8-12 November 2021.
November 16, 2021 -
251ChinaChina: Alibaba Apps Include WeChat Pay as Payment Option
The move comes after regulators ordered internet platforms to stop anti-competitive and monopolistic behaviour on their online platforms.
October 1, 2021 -
275China
Ant Group’s Huabei Starts Reporting Credit Data to PBOC Database
The data-sharing arrangement is part of the rectification measures ordered by financial regulators to break Ant Group's “information monopoly” over data collection.
September 24, 2021 -
355China
Ant Group Ordered to Separate Lending Apps from Alipay
Ant Group's lending businesses Huabei and Jeibei will also have to transfer data used for lending decisions to a new credit scoring joint venture.
September 14, 2021 -
385ChinaPBOC Introduces New Business Reporting Rules for Payment Firms
Nonbank payment firms must report new products and services, stock market listings, capital increases and other activities classified as 'significant matters'.
September 3, 2021 -
269FeatureBig Tech Brings ‘New and Unfamiliar’ Challenges: BIS
A purely activity-based approach to regulating big tech is likely to fall short. Central banks need to more closely coordinate with competition and data governance authorities.
August 6, 2021 -
304AML / KYCPBOC Directs Banks & Alipay to Stamp Out Crypto Activity
Financial institutions are asked to identify the capital accounts of crypto exchanges and OTC dealers, and cut off their payment channels.
June 23, 2021 -
322Capital Regulation
CBIRC Green-lights Ant Group Consumer Finance Unit
Ant will hold a 50% stake in the new unit, which forms a key part of the restructuring that was ordered to resolve regulatory concerns.
June 4, 2021
