China’s Ant Financial Buys UK Payments Company WorldFirst

Article 0 Comments Ant Financial, the Chinese financial services giant controlled by billionaire Jack Ma, bought London-based payments company WorldFirst in its biggest overseas deal since a U.S. expansion was thwarted. The acquisition marks the Chinese company’s first big move into the U.K., although its Alipay service is accepted by […]

Stolen Apple IDs Used by Hackers to Steal Cash, Warn Chinese Digital Payments Firms

Article 0 Comments Ant Financial’s Alipay and Tencent Holdings Ltd. warned that cyber attackers employed stolen Apple IDs to break into customers’ accounts and made off with an unknown amount of cash, in a rare security breach for China’s top digital payments providers. Alipay, whose parent also operates the world’s […]