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Soccer fans unhappy with ticketing system for match vs China

... umber and Alipay or Wechat payment gateways. And they have also been asked to install anti-virus software on their computers beforehand. As many people faced problems due to those restrictions, the we ...More

EJ Insight2015-08-19

Alibaba pumps US$200 mln into student micro loan startup

...  said its Alipay online payment unit and its Sesame credit-scoring service plan to work with Qufenqi in growing the business, according to the Wall Street Journal. Ant Financial declined to say how mu ...More

EJ Insight2015-08-12

Why the city’s iconic Octopus card is so yesterday

... WeChat or AliPay platforms, which also eliminate the risk of counterfeit notes. When Hongkongers think paying bills at 7-Eleven with the Octopus card is not a big hassle, their mainland cousins can ge ...More

EJ Insight2015-07-31

How to visualize tons of real-time data without blinking

"Fintech" is is a relatively new buzzword that is used to describe technology-enabled financial transactions. Peer-to-peer lending and third-party payment services such as Alipay and Tenpay are good e ...More

EJ Insight2015-07-27

How trustworthy are the Chinese?

... ugh their Alipay account or in cash. Most of the customers were disciplined in the morning, according to Sesame Credit. But the situation changed after lunch. Three women came in, grabbed some expensi ...More

EJ Insight2015-06-10

Why regulation needs to catch up with internet finance

... gs. Also, Alipay has tackled the issue of the counter-party risk in online transactions, while Yuebao has fixed the return of remaining funds. However, China’s financial regulation has lagged far behi ...More

EJ Insight2015-05-06

Tencent unit teams up with BEA to take on Alibaba's MYbank

... t service Alipay, MYbank will be a tough rival for Tencent and BEA, as Alipay owns the most comprehensive data about mainland internet shoppers and small businesses. MYbank plans to offer services lik ...More

EJ Insight2015-04-21

Banks give out red envelopes amid internet challenge

... s such as Alipay and WeChat. The banks’ enthusiasm to embrace the online trend reflects an important development in the financial industry. Banks are trying all means to court depositors amid mounting ...More

EJ Insight2015-02-17

Alibaba's Ma says no timetable for financial arm IPO

...  fold the Alipay payment processing and financial services unit, the Wall Street Journal reported. "I think Ant Financial should go public but it is still a baby," Ma was quoted as saying in Hong Kong ...More

EJ Insight2015-02-03

Sina Weibo eyes HK retailers to boost online payment business

... ng Ltd.'s Alipay system to provide the payment function for its Weibo users. The company also received equity investment from Alibaba in January this year. Mainland smartphone producers, such as Xiaom ...More

EJ Insight2014-12-22

Mobile payment driving Alipay deals

Alipay, the third-party payment unit of Alibaba Group Holding Ltd., gets more than half of its business from mobile transactions. It has more than 300 million users, of whom 54 percent use a mobile de ...More

EJ Insight2014-12-09

Guess what's keeping the mainland youth busy?

... oney from Alipay accounts to play the stock market. So is it a mad bull run in the making? Or is the 20 percent rally a sign of an over-brought market? As people scramble to open new accounts, is it a ...More

EJ Insight2014-12-08

Kuaidi gears up for HK luxury car booking service

... work like Alipay in China, with the credit card info bundled with the application to make payment. The next step would be with the Octopus card. Lee said his firm will wait until Octopus introduces e- ...More

EJ Insight2014-11-26

Alibaba eyes payment partnership With Apple

...  service, Alipay, has 300 million active users, Ma said during an interview at the WSJD Live global technology conference in California on Monday night. Apple jumped into payments this month with the ...More

EJ Insight2014-10-28

Alibaba sets up micro finance arm

... including Alipay, Yuebao, Zhaocaibao, micro-lending as well as online banking, the report said. Peng also revealed that the company is planning to add social networking services for Alipay to better c ...More

EJ Insight2014-10-17

Alibaba in talks for HK version of Yu’E Bao money market fund

Alibaba is looking to start a Hong Kong version of its popular Chinese money market fund, which pays higher rates on renminbi deposits than are available on conventional accounts. Its Alipay financial ...More

EJ Insight2014-09-29

Tim Cook and Jack Ma eye closer ties after Alibaba IPO

... ss as its Alipay is China's most popular mobile payment platform. The iPhone maker has cooperated with global payment technology companies Visa, MasterCard and American Express on its mobile payment b ...More

EJ Insight2014-09-08

HK Taobao logistics deal offers customers savings on fees

... like PPS, Alipay purchase card, and credit cards. --Contact the reporter at [email protected] JL ...More

EJ Insight2014-08-20

Kasikornbank touts benefits in tie-up with Alibaba.com, Alipay

... ment with Alipay, a payment service provider affiliated to Alibaba.com parent Alibaba Group, Kasikornbank said in a statement Thursday. An integration between the Alipay platform and Kasikornbank's K- ...More

EJ Insight2014-08-14

Alibaba sells loan unit to Alipay parent

In a restructuring ahead of its expected initial public offering, Alibaba Group Holding Ltd. is selling its small-business lending entity to the company that controls payments affiliate Alipay, the Fi ...More

EJ Insight2014-08-13

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