Ant International reports growth after March spin-off as cross-border payments surge

Ant International reports growth after March spin-off as cross-border payments surge

Ant International reported a robust growth across its core business segments following a spin-off in March as its mainstay cross-border mobile payment platform Alipay+ connects more consumers and merchants worldwide. The Singapore-based overseas unit of Ant Group said its four business pillars – Alipay+, Antom, WorldFirst and Embedded Finance – have delivered strong performance over … Read more

Ant International drives AI in cross-border payments to boost global expansion

Ant International drives AI in cross-border payments to boost global expansion

Singapore-headquartered Ant International said it has developed an AI model that predicts currency exchange rates on an hourly basis for both inbound and outbound transactions, which would help businesses reduce transaction costs and better allocate resources, the company said in a statement on Thursday. “Integration of AI into the processing of cross-border transactions is of … Read more

Ant International teams up with EPL club Tottenham Hotspur in global expansion drive

Ant International teams up with EPL club Tottenham Hotspur in global expansion drive

Singapore-based Ant International, through digital payment solutions provider Alipay+ and merchant payment processing service Antom, will serve as Tottenham Hotspur’s exclusive global payments provider and digital wallet partner, the company announced on Thursday. Payment systems at Tottenham Hotspur Stadium in north London will be supported by Ant International, while the club’s fans around the world … Read more

Ant International pushes ‘significant’ expansion of Alipay+ tourist payment service amid major group overhaul

Ant International pushes ‘significant’ expansion of Alipay+ tourist payment service amid major group overhaul

Chinese financial technology giant Ant Group is looking to “significantly” expand the global presence of its cross-border mobile payment service Alipay+, as the company pursues an organisational overhaul that includes a spin-off of its international arm. Ant International aims to considerably boost the number of partner wallets supported by Alipay+ this year, possibly by more … Read more