Huize saw lackluster trading during its debut. Yet how can the so-called No.1 online insurance company in China stay strong while facing competition from players like Ant Financial, or Internet insurance companies such as ZA Online?

“I am very proud of the popularity of Alipay Ant Forest, which embodies our belief that technology should be used for social good,” said Eric Jing, Chairman and CEO of Ant Financial.

The fintech unicorn is shaping an open and inclusive blockchain ecosystem, focusing on building up infrastructures that able to serve the real economy.

Compared with the strict laws applied to facial recognition elsewhere in the world, China seems optimistic – and lacking in risk awareness. The new guidelines will likely create a wake-up call for the potential risks that come along with this technology.

eMonkey has become the tenth e-payment company in Asia that Ant Financial has established a joint venture with. The Chinese fintech giant will provide technical support to the fast growing firm.

China’s fintech giant is cooperating with China's largest bank ICBC, with the aim of improving customer experience through the integration of innovative technologies.

Kneron fooled banks, airports and border controls in tests of its printed masks, before trying out more familiar prey: China's giant payment players, Alipay and WeChat Pay. This showed up the flaws in their supposedly 'infallible' systems.

The company is currently the dominant gateway to India’s booming mobile payment market, serving merchants in over 2,000 towns and cities across the country.