Ant Group

Ant Financial, the company that operates Alipay, is buying MoneyGram for $880 million, its boldest move yet in a series of partnerships and investments that signal an international ambition.

The parent of Alipay is also investigating uses for biometrics and artificial intelligence.

The online payment service Alipay, an affiliate of Alibaba, is extending its collaboration with luxury travel retailer DFS Group as more Chinese citizens increase their travel frequency to overseas locations.

Alibaba Group Holding Ltd. pioneered shopping on the internet in China. Now it thinks it can teach old-school retailers a thing or two about real-world commerce.

Ant Financial, parent of the Chinese online payment giant Alipay, may soon expand to South Korea with a new service called Korea Pay.

Alipay's fast growth is partly attributed to the huge size of the Chinese market, but it also deploys strategies that can serve as an example for mobile wallets in other parts of the world.

Payments are inevitably merging with social media, but the mix comes with a clear and very public risk if not handled correctly.

Ant Financial’s attempt to add a social-network function to China’s biggest payments platform has backfired.

As more Chinese citizens travel abroad, payment companies are lining up new products and collaborating with third parties to reach the growing market.

Digital payments security provider V-Key will protect the cloud-based payments network of Ant Financial Services Group (Alipay) with its virtual secure element software.