Tag: Alipay

China’s Alibaba Tightens Grip on Southeast Asia

News Analysis China’s biggest e-commerce provider, Alibaba Group, is extending its digital payments—and information gathering—into southeast Asia. With a planned majority ownership of the 2C2P payments network, Alibaba’s Ant Group will increase its global payments reach, particularly in Singapore, Thailand, and Malaysia. That’s a threat to America, because China’s financial services expansion in southeast Asia…


Man Bypasses Facial Recognition on Sleeping Ex-girlfriend’s Phone by Lifting Her Eyelids, Steals Money

A Chinese man used his ex-girlfriend’s phone while she was asleep and bypassed facial recognition by lifting up her eyelids, successfully stealing money from her Alipay account. The identity theft case has stunned Chinese people and topped search charts of Weibo, China’s Twitter, on Dec. 12 with 490 million views. The Paper on Dec. 12…


Trump Orders Ban on Transactions With 8 Chinese Apps, Including Alipay

President Donald Trump late Tuesday signed an executive order that bans transactions with eight Chinese connected software applications, including Ant Group’s Alipay. The order released by the White House bans transactions with people that develop or control Alipay, CamScanner, QQ Wallet, SHAREit, Tencent QQ, VMate, WeChat Pay, and WPS Office, as well as with their subsidiaries. Trump…