29 July 2022
Written By FinTech Alliance in FinTech
Jack Ma is preparing to distance Ant Group from the Alibaba technology company, the Wall Street Journal has reported.
In Brief:
Jack Ma is planning to relinquish control of Ant Group.
Ant Group is the FinTech spin-off of the wider Alibaba technology company.
This report follows the halting on its IPO in 2020.
What does this mean?
The report says that this is part of the FinTech business’ effort to move away from Alibaba Group Holding Ltd after pressure from Chinese regulators.
Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...
This decision aligns with the bank’s focus on digital transformation and improving online transaction processes for merchants.
Event showcases Zellis HCM AIR, realtime payroll, and AI-enhanced features
The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms
Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...
This decision aligns with the bank’s focus on digital transformation and improving online transaction processes for merchants.
Event showcases Zellis HCM AIR, realtime payroll, and AI-enhanced features
The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms
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