Ant Group

The Ministry of Investment of Saudi Arabia formally expressed support for Ant’s plans.

About 90% of HK merchants now accept payments using foreign e-wallets.

The centre is expected to move in at The Exchange 106 by 2025.

The group plans to expand bilingual support, amongst other enhancements.

Ten partner wallets can now enjoy the increased limits.

But this faces a “thorough review” because China favors a foreign buyers, sources said.

Health insurance claims contributed about 5 million claims processed by partner insurers on Ant Insurance

BNPL is projected to grow by 38% over the next five years.

Ant also pledged to increase investments for cutting-edge tech to enhance trust and efficiency of digital commerce.

Alipay+-in-China’s programme added seven new Asian e-wallets.

It will be made available to merchants in Manila and Cebu.

Tourists can now pay using AlipayHK, Touch ‘n Go eWallet, and Kakao Pay.

Regardless of the origin of their Mastercard card, travellers can opt to choose this payment method.

Ant Group will receive rebates from ING when it achieves its sustainability targets.

And China gives the first nod to revive Ant IPO.   From Reuters: Financial services and bank holding company State Street has denied reports that it is looking to buy Credit Suisse.

Regulator hopes new digital banks will further grow Singapore's financial sector.