Ant Financial eyes up blockchain for Alipay

Alibaba’s payment affiliate Ant Financial is “definitely” looking into using blockchain to underpin its mobile payments platform Alipay, CEO Eric Jing has told CNBC, adding that artificial intelligence and blockchain will be “deeply” integrated into Ant Financial’s operations... More










Ant Financial takes Alipay to Germany with Concardis

Alipay

Chinese tourists will soon be able to make payments at 210,000 store locations in Germany serviced by payment provider Concardis using Ant Financial’s Alipay mobile payment platform. The move marks the service’s launch into Europe after the company unveiled its expansion plans at Money20/20 Europe in April 2016. More









China’s FiiSmart to develop smartwatch that supports Alipay

FiiSmart Pay Watch

Shenzhen-based wearable device maker FiiSmart has launched a campaign on ecommerce giant Alibaba’s Taobao Crowdfunding website for a smartwatch that will support Ant Financial’s mobile payment platform Alipay and allow its wearers to make payments by generating a QR-code that can then be scanned at the point-of-sale... More


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