Alipay

Fintech

Ant may join race for Singapore virtual bank licences

(Nov 19): Billionaire Jack Ma’s Ant Financial Services Group said it may apply for a virtual banking licence in Singapore, a move that would add a heavyweight contender to the race.

E-payment

PayPal enters China, but what about Southeast Asia?

Singapore (Oct 7): Inside the sprawling 728,000 sq ft Silicon Valley headquarters of payments company PayPal Holdings, CEO and president Dan Schulman walks about in a black crewneck sweater and jea

Singapore economy

Singapore ranks 3rd largest market in SE Asia for Chinese tourists spending over CNY period

SINGAPORE (Feb 20): Singapore emerged as the third largest market in Southeast Asia for Chinese tourists spending over the Chinese New Year, with an increase of 34% in average spending per Chinese

Commentary

Singapore's Grab can't afford to fail finance

(Jan 16): After sending rival Uber Technologies Inc packing from Singapore and other Southeast Asian markets, homegrown ride-hailing firm Grab has set itself a stiffer target.

Fintech

Singtel, AIS launch cross-border mobile payments alliance

BANGKOK (Oct 2): Singapore Telecommunications (Singtel) today launched its own mobile payment alliance, VIA, as it tries to grow its clout in the highly competitive e-payment industry.

Fintech

Alipay and STB conclude first 'cashless trip' for Chinese visitors to Singapore

SINGAPORE (Sept 13): Alipay, the mobile payment and lifestyle platform operated by China’s Ant Financial Services Group, has concluded its first “cashless trip” made by Chinese visitors to Singapor

In print this week

Is Ant an overvalued giant?

SINGAPORE (May 28): Alibaba Group Holding’s Ant Financial Services Group is set to become the world’s most valuable fintech company.

Amazon’s primed to rule Singapore: Bloomberg Gadfly

SINGAPORE (Dec 7): Southeast Asia is shaping up to be a fascinating retail battleground, with two distinct approaches vying for dominance.

Commentary

Singapore's Brexit fallout bid shows true fighting spirit: Bloomberg Gadfly

(Nov 1): Singapore doesn't like to leave things to chance, so when there's a play to be made for a slice of London's financial business, you can expect the city-state to pull out all stops.

Alipay launches mobile payment gateway at Changi Airport

SINGAPORE (Sept 7): Alipay and Changi Airport Group (CAG) today announced a five-year partnership to roll out the Alipay mobile payment option in Changi Airport on a wide scale.

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