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Trump bars US transactions with eight Chinese apps including Ant’s Alipay

WASHINGTON — US President Donald Trump on Tuesday signed an executive order banning transactions with eight Chinese software applications, including Ant Group’s Alipay mobile payment app, the White House said, escalating tensions with Beijing two weeks before President-elect Joe Biden takes office.

US, China lead number of unicorns in Global Unicorn Index 2020

The world has 586 known unicorns—startups valued at more than US$1 billion—and the US and China account for 79% of them, according to Hurun Research Institute’s Global Unicorn Index 2020 released this August. The 586 unicorns are based in 29 countries and 145 cities. The total value of all known unicorns is US$1.9 trillion, close to Italy’s Gross Domestic Product (GDP).

Alipay, WeChat Pay open apps to foreigners in China

CHINESE PAYMENTS giants Alipay and WeChat Pay, long a source of worry among competitors abroad, plan to open up their platforms to foreigners visiting the mainland as regulators ease restrictions.

GCash merchants to start accepting Alipay payments from Chinese shoppers via...

Globe Fintech Innovations, Inc, (Mynt) and Ant Financial Services Group (“Ant Financial” or “Ant”) announced a new QR code solution, which will enable local...