Curiosity, flexibility and adaptability were some some of the 🔑 traits that led Carolina Solari into the exciting world of technology with @alipay and @alibaba.group — China’s leading internet firms — back in 2016.
Read about her journey here:
https://link.medium.com/u7Ov920o38
Read about her journey here:
https://link.medium.com/u7Ov920o38
Alipay Remains China’s Largest Mobile Payment Company
According to iResearch, an independent market research firm, Alipay held over 55% of China’s third-party mobile payment market during the first quarter of 2020. Read more in DIGICONasia.
MYbank Unveils 5-Year Plan to Serve More SMEs in China
Ant’s MYbank announced a five-year plan to work with partners to better serve SMEs across China, including leveraging supply chain finance to support 10 million SMEs, providing rural lending, and serving 40 million female business owners. Read more on Yahoo Finance.
Pet Insurance Now Offered on Alipay
Alipay has developed a new feature that can recognize animal nose prints, said to be the first application of such technologies in China. Using this identification method, Alipay has partnered with insurance companies to provide insurance services for pet cats and dogs. See the article in Caixin.
According to iResearch, an independent market research firm, Alipay held over 55% of China’s third-party mobile payment market during the first quarter of 2020. Read more in DIGICONasia.
MYbank Unveils 5-Year Plan to Serve More SMEs in China
Ant’s MYbank announced a five-year plan to work with partners to better serve SMEs across China, including leveraging supply chain finance to support 10 million SMEs, providing rural lending, and serving 40 million female business owners. Read more on Yahoo Finance.
Pet Insurance Now Offered on Alipay
Alipay has developed a new feature that can recognize animal nose prints, said to be the first application of such technologies in China. Using this identification method, Alipay has partnered with insurance companies to provide insurance services for pet cats and dogs. See the article in Caixin.
DigiconAsia
China’s 3rd party mobile payments market dipped in Q1: expected to recover in Q2 | DigiconAsia
The Q1 reporting period in China reflected the immediate devastation of mobile commerce before lockdowns turned the tides. The Q1 2020 figures for China’s
Women in Tech
Cyber Mulan Initiative to Help Accelerate Women’s Digital Skills
Alibaba Group and Ant Group announced a new initiative to promote women in technology and entrepreneurship. Dubbed “Cyber Mulan,” the five-year plan aims to help 50 million women reach their goals through tangible support and solutions, including digital-skills training programs and interest-free loans aimed at female entrepreneurs in small and medium-sized enterprises. Read in Alizila.
Two Ant Executives Named Forbes’ China Top 50 Women in Tech
Quan Yu, the Head of Risk Management at Ant Group, and Dr. Ying Yan, Senior Staff Engineer at Ant Blockchain, were among the top 50 women in tech by Forbes China in 2020 and 2019, respectively. Read more about Quan and Ying on Ant’s Medium page.
Cyber Mulan Initiative to Help Accelerate Women’s Digital Skills
Alibaba Group and Ant Group announced a new initiative to promote women in technology and entrepreneurship. Dubbed “Cyber Mulan,” the five-year plan aims to help 50 million women reach their goals through tangible support and solutions, including digital-skills training programs and interest-free loans aimed at female entrepreneurs in small and medium-sized enterprises. Read in Alizila.
Two Ant Executives Named Forbes’ China Top 50 Women in Tech
Quan Yu, the Head of Risk Management at Ant Group, and Dr. Ying Yan, Senior Staff Engineer at Ant Blockchain, were among the top 50 women in tech by Forbes China in 2020 and 2019, respectively. Read more about Quan and Ying on Ant’s Medium page.
Tech for Good
Ant Forest Promoting Carbon Reduction Behavior
According to the Green Digital Finance Alliance, an alliance formed by Ant Group and the UN Environment Programme, using digital platforms to promote and spread awareness about carbon emissions leads to measurable behavioral change among consumers. The alliance estimates digital promotions can incentivize mitigation activities and reduce public transport emissions by 8.6%. Read the story in Finextra.
Did You Know?
Ant Group’s Evolution from Payments App to “Technology Champion”
In 2004, Alipay was created to facilitate digital payments on Alibaba’s e-commerce platforms. Since then, the company has evolved in its mission, services and capabilities with a range of businesses from asset management to technology. Read the full SCMP story here.
Ant Forest Promoting Carbon Reduction Behavior
According to the Green Digital Finance Alliance, an alliance formed by Ant Group and the UN Environment Programme, using digital platforms to promote and spread awareness about carbon emissions leads to measurable behavioral change among consumers. The alliance estimates digital promotions can incentivize mitigation activities and reduce public transport emissions by 8.6%. Read the story in Finextra.
Did You Know?
Ant Group’s Evolution from Payments App to “Technology Champion”
In 2004, Alipay was created to facilitate digital payments on Alibaba’s e-commerce platforms. Since then, the company has evolved in its mission, services and capabilities with a range of businesses from asset management to technology. Read the full SCMP story here.
Finextra
Alipay Ant Forest, the catalyst for enabling citizen action towards carbon reduction
According to the Green Digital Finance Alliance (GDFA), by introducing nudging and incentives on digital platforms, there is potential for substantial behavioural change among digitally-savvy consumers. This can act as a springboard for scalable global climate…
Ant Bank Is Officially Open For Business in Hong Kong
Hong Kong citizens can now enjoy 24/7 banking services offered by Ant Bank, including easy-to-use money transfer and access to high-yield savings accounts with annual interest rates up to 2.5% on deposits. In addition to attractive rates, Ant Bank will also partner with AlipayHK to integrate banking services into consumer needs such as clothing, food, rent, transportation and entertainment. Read more in The Standard.
Cross-border Trade Platform Trusple Launched
Ant Group launched a global trade and financial services platform, Trusple. The platform aims to make it easier and less costly for all participants – especially SMEs – to sell to customers around the world. It also reduces costs for financial institutions so they can better serve SMEs in need. Read more in Reuters.
Bangladesh’s First Blockchain Remittance Service Launched Using Ant Technology
Standard Chartered Bank, together with bKash of Bangladesh and Valyou of Malaysia, launched the first blockchain-based cross-border remittance service in Bangladesh, facilitating instant transfers from Malaysia. See more in The Daily Star.
Did You Know?
In Malaysia, Mooncakes Are Now Traceable To Ensure Food Safety
With the adoption of AntChain’s Traceability-as-a-Service solution, customers buying from well-known mooncake maker Overseas Enterprise during the holiday season can now trace the products’ origins, verify Halal certifications, and check expiration dates simply via a mobile app. The leading Chinese restaurant group is the first local SME to adopt AntChain solutions in Southeast Asia. Read more on Disruptive Tech ASEAN.
Hong Kong citizens can now enjoy 24/7 banking services offered by Ant Bank, including easy-to-use money transfer and access to high-yield savings accounts with annual interest rates up to 2.5% on deposits. In addition to attractive rates, Ant Bank will also partner with AlipayHK to integrate banking services into consumer needs such as clothing, food, rent, transportation and entertainment. Read more in The Standard.
Cross-border Trade Platform Trusple Launched
Ant Group launched a global trade and financial services platform, Trusple. The platform aims to make it easier and less costly for all participants – especially SMEs – to sell to customers around the world. It also reduces costs for financial institutions so they can better serve SMEs in need. Read more in Reuters.
Bangladesh’s First Blockchain Remittance Service Launched Using Ant Technology
Standard Chartered Bank, together with bKash of Bangladesh and Valyou of Malaysia, launched the first blockchain-based cross-border remittance service in Bangladesh, facilitating instant transfers from Malaysia. See more in The Daily Star.
Did You Know?
In Malaysia, Mooncakes Are Now Traceable To Ensure Food Safety
With the adoption of AntChain’s Traceability-as-a-Service solution, customers buying from well-known mooncake maker Overseas Enterprise during the holiday season can now trace the products’ origins, verify Halal certifications, and check expiration dates simply via a mobile app. The leading Chinese restaurant group is the first local SME to adopt AntChain solutions in Southeast Asia. Read more on Disruptive Tech ASEAN.
The Standard
Ant Bank opens for business
Ant Bank (Hong Kong), a subsidiary of Jack Ma Yun's Ant Group, began operations today, offering annual interest rates up to 2.5 percent on deposits for HK$20,000 or below.Opening an account takes ...