Sentences with phrase «by ant financial»

Experimenting with Ethereum technology by Ant Financial, Alibaba's $ 60 billion financial arm, to improve their global payment platforms

The group includes WeBank, backed by social media group Tencent Holdings, and MYBank, controlled by Ant Financial, the financial affiliate of ecommerce giant Alibaba Group.

And its Alipay affiliate, owned by Ant Financial, offers payment solutions to traveling Chinese in over 30 countries.

CFIUS is also considering other China deals, including the proposed purchase of MoneyGram International by Ant Financial, an affiliate of China's Alibaba Group.

The effort by Ant Financial, the payments affiliate of the internet giant Alibaba, was seen as a test of the Trump administration's political and regulatory approach to China.

Not exact matches

The company is backed by Chinese giants Tencent Holdings and Alibaba spinoff Ant Financial.

The latest funding round could value Ant Financial at close to $ 150 billion, making it by far the world's largest unicorn, according to the...

Ant Financial, the electronic financial services firm owned by Alibaba, is going through one final fund - raising round before it also decides whether to list its shares publicly late this year or early next year, according to thesFinancial, the electronic financial services firm owned by Alibaba, is going through one final fund - raising round before it also decides whether to list its shares publicly late this year or early next year, according to thesfinancial services firm owned by Alibaba, is going through one final fund - raising round before it also decides whether to list its shares publicly late this year or early next year, according to these people.

HONG KONG Ant Financial's rapid climb to become the world's biggest super unicorn valued by some investors at around $ 150 billion showcases investor enthusiasm for the biggest Chinese tech companies and also how quickly valuations can shift.

China by Primavera Capital and Ant Financial.

MoneyGram, which was subject to a failed acquisition by Alibaba's Ant Financial unit, said it has agreed to pilot XRP within its payment flows using Ripple's xRapid product.

And it's formalising its relationship with payments affiliate Ant Financial by taking a stake in the internet finance giant.

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevaFinancial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevafinancial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

They are heavily marketed by Internet companies, including Alibaba's financial - services affiliate, Ant Ffinancial - services affiliate, Ant FinancialFinancial.

Yu'e Bao, which is operated by Alibaba - affiliated Zhejiang Ant Small & Micro Financial Services Group, offers several consumer - oriented online financial management tools including a popular money marFinancial Services Group, offers several consumer - oriented online financial management tools including a popular money marfinancial management tools including a popular money market fund.

Among the deals killed recently by the multi-agency Committee on Foreign Investment in the United States (CFIUS) were Ant Financial's plan to buy U.S. money transfer company MoneyGram International Inc (MGI.O), the purchase by China - backed Canyon Bridge Capital Partners LLC of a U.S. chip maker and plans by Zhongwang USA, backed by a Chinese aluminum tycoon, to buy a U.S. aluminum maker.

The Conference of Nigeria Political Parties (CNPP) has urged the Senate Committee on Anti-Corruption to thoroughly investigate circumstances surrounding the arrest and release of the Innoson Motors boss, Dr Innocent Chukwuma by the Economic and Financial Crimes Commission (EFCC) to ensure that needed investors were not scared away by the activities of the ant - graft agency.

Ant Financial — formerly Alibaba's online payment business Alipay — was spun off from the Chinese e-commerce giant in 2014 but is still controlled by executive chairman Jack Ma.

MoneyGram, which was subject to a failed acquisition by Alibaba's Ant Financial unit, said it has agreed to pilot XRP within its payment flows using Ripple's xRapid product.

Ant Financial, an affiliate of the e-commerce giant Alibaba Group, apologized to users on Thursday after prompting an outcry by automatically enrolling in its social credit program those who wanted to see the breakdown.

A deposit of about $ 10 is required unless the user has a high rating on Sesame Credit, the social credit scoring system developed by China's Ant Financial, an affiliate of e-commerce giant Alibaba Group.

It is founded and backed by a group of blockchain industry leaders such as GF Securities, Ant Financial, Youling, Jianbang Communication, and iBOX PAY.