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Is cryptocurrency an effective replacement for remittances? No, at least not yet.
International money transfer service TransferWise, has made a significant incursion into the US market today, launching a MasterCard debit card alongside a multicurrency account. Mirroring the card it
Ant Financial, the financial services behemoth affiliated with Chinese e-commerce giant Alibaba, has made its first big move into Europe. It’s acquired London-headquartered payments company Worl
China’s payments heavyweights have been following tourists abroad as their home market gets crowded. Ant Financial, Alibaba’s financial affiliate with a valuation of $150 billion, now see
Ant Financial, the financial services affiliate connected to Alibaba which operates the Alipay mobile payment service, has confirmed that it has closed a Series C funding round that totals an enormous
Well, well, well. Ripple, the company behind the controversial XRP cryptocurrency which has been criticized for obfuscating the nature of its partnerships with financial organizations, has announced a
Spotify files to go public, BloomThat gets acquired and MoneyGram's sale to Alibaba got blocked by the U.S. government. All this on Crunch Report.
The proposed acquisition of global payment service MoneyGram by Alibaba’s Ant Financial is off after the U.S. Government blocked the $1.2 billion deal. Ant Financial, the Alibaba affiliate which
Ant Financial, the Alibaba affiliate company focused on financial services, appears to have finally won its battle with Euronet to acquire MoneyGram, the U.S.-based cross-border payments service, afte
Alibaba's conquest to own a piece of the global money transfer industry just suffered a huge blow after Euronet outbid its fintech affiliate business for the proposed acquisition of MoneyGram, a popul
Alibaba affiliate Ant Financial has again extended its global reach after it completed its maiden investment in the Philippines.
Alibaba is taking a big step into the U.S. — but it isn’t necessarily what you might think. Its affiliate Ant Financial has revealed it is buying U.S. payments firm MoneyGram for $880 mill