Latest news with #AntInternational
Finextra
16 hours ago
- Business
- Finextra
Splitit partners Antom
Splitit, the only embedded white-label platform that enables card-linked installment payments using consumers' existing credit, and Antom, a leading provider of merchant payment and digitization services under Ant International, today announced a strategic partnership aimed at empowering merchants with a new, frictionless installment payment option. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The collaboration integrates Splitit's technology into Antom's next-generation payment processing platform and merchant network, beginning in the U.S. and expanding globally. 'We're excited to partner with Splitit to expand access to card-linked installment solutions across our merchant network,' said Gary Liu, General Manager of Antom, Ant International. 'This collaboration supports our commitment to helping merchants achieve sustainable growth across international markets. Splitit's unique approach aligns with our vision of delivering innovative, value-added solutions and empowering businesses to better serve customers at the point of purchase.' Antom offers unified, vertical-specific digital payment solutions to serve businesses around the world. It supports merchants to integrate over 300 payment methods, enabling them to connect with consumers in more than 200 markets, with the flexibility to accept payments in more than 100 currencies. In addition, it provides digitization services to help merchants enhance user engagement and unlock more growth opportunities with AI and privacy-preserving computing tools. Through the partnership, Splitit's installment technology will be seamlessly integrated into the checkout experience for merchants using Antom's platform. They will be able to split purchases into monthly payments directly at checkout, using their existing credit cards—with no underwriting or additional fees. For merchants, this provides a powerful, low-friction way to boost approval rates, increase average order value and improve conversion with minimal integration required. As part of the collaboration, the two companies will streamline cross-border commerce, simplifying international payment processing for merchants. Recent research underscores the growing merchant preference for card-linked installment options. A study by Splitit and PYMNTS found that 72% of merchants rate card-linked installments as their top choice over traditional Buy Now, Pay Later (BNPL) programs. Additionally, nearly 90% of merchants believe these installments are key to boosting customer acquisition and retention. 'With Antom, we're accelerating our push to redefine the checkout experience, making payments smarter, faster and more consumer-friendly,' said Nandan Sheth, CEO of Splitit. "This partnership brings the power of installment payments directly into the checkout flow through Antom's global platform—no applications, no credit checks, just seamless card-linked flexibility. Together, we're eliminating friction and empowering merchants to boost conversions with a more inclusive, intuitive payment option, scaled globally from day one." By skipping applications and new loans, Splitit streamlines the process for both merchants and shoppers—no hidden fees, and no changes to the consumer's existing credit card relationship. As a result, merchants can offer flexible payments at scale, with less complexity and higher approval rates.
Business Wire
22-07-2025
- Business
- Business Wire
Ant International Recognized in CNBC World's Top Fintech Companies 2025 List
SINGAPORE--(BUSINESS WIRE)--Ant International, a leading global provider of digital payments, digitization, and financial technology, has been recognised in the CNBC World's Top Fintech Companies 2025 list under the Payments category. CNBC's World's Top FinTech Companies list evaluated metrics from over 30,000 eligible companies worldwide, recognising those that prioritise innovative, technology-driven financial solutions. This recognition underscores Ant International's achievements and commitment to pioneering payment technologies while fostering collaborative ecosystems with partners to benefit the widest possible audience. Ant International became independent in 2024 after a reorganisation of Ant Group. With headquarters in Singapore and over 30 offices around the world, Ant International provides cross-border digital payment, commerce and finance solutions to merchants and financial institutions, connecting 100 million+ merchants to global consumers across its 4 business units: Alipay+, Antom, Embedded Finance and WorldFirst. Global e-wallet gateway service Alipay+ links 1.7 billion mobile payment users across more than 70 markets. Merchant payment service Antom supports merchants to integrate over 300 payment methods, enabling them to connect with consumers in more than 200 markets. WorldFirst, the global business account service, has served 1.2 million small and medium-sized businesses, while Embedded Finance services have enabled financial institutions and fintech companies to extend credit access to over 15 million customers.
Yahoo
19-07-2025
- Business
- Yahoo
Citigroup (C) Partners With Ant International For Enhanced FX Solutions In Aviation Industry
Citigroup recently initiated a pilot FX risk management solution with Ant International, targeting the aviation industry's payment challenges. Over the last quarter, Citigroup's share price rose by 48%, significantly outperforming the broader market rise of 15% over the past year. This impressive performance can be partly attributed to the company's strong earnings report, where net income increased from the previous year, and its active share buyback strategy. Additionally, the inclusion of Citigroup in various Russell indices and multiple dividends announcements likely provided further momentum to the stock's gains. Buy, Hold or Sell Citigroup? View our complete analysis and fair value estimate and you decide. These 17 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch. The recent announcement of Citigroup's pilot FX risk management solution with Ant International highlights its ongoing efforts to address challenges in the aviation industry's payment systems. This initiative could have positive implications on Citigroup's revenue and earnings forecasts, as it aligns with the company's strategic focus on innovation and client acquisition, potentially enhancing operational efficiency and widening profit margins. Over a five-year period, Citigroup's shareholders enjoyed a total return of 118.37%. This longer-term performance underscores the company's ability to generate value through market cycles, despite the challenges it faces due to economic and geopolitical uncertainties. Over the past year, Citigroup outperformed the broader market, delivering returns above the market's 15% increase. When examining the current share price of US$93.45 relative to the consensus price target of approximately US$99.12, there remains a modest discount of approximately 6%. The company's recent achievements and strategic initiatives may influence analysts' projections, potentially resulting in upward revisions to revenue and earnings estimates. Nonetheless, it's important to continuously assess the impact of macroeconomic factors, regulatory changes, and trade challenges that could alter these forecasts. Evaluate Citigroup's historical performance by accessing our past performance report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include C. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
18-07-2025
- Business
- Yahoo
Antom enhances AI agent to streamline merchant payment services
Antom, the merchant payment and digitisation arm of Ant International, has upgraded its AI agent, Antom Copilot, to augment merchant payment services and dispute management. The enhanced capabilities of Antom Copilot 2.0 include refined payment integration, streamlined onboarding processes, advanced risk management configurations, and a new approach to chargeback disputes, the company said. Antom Copilot, which was initially launched in June 2024, is based on the Alipay+ GenAI Cockpit, an AI-as-a-Service platform developed by Ant International. The platform allows financial technology companies to create AI-driven financial services. The updated version, Antom Copilot 2.0, includes a Chargeback AI Assistant that provides merchants with automated strategies for dispute resolution and revenue recovery. The tool is designed to enhance merchants' ability to control revenue and improve customer service by automating the analysis and response to chargebacks. Additionally, Antom Copilot now features an automated recommendation system for payment methods and acquiring services, supporting the deployment of localised payment methods. The onboarding process has been streamlined using multimodal Large Language Models (LLMs) to extract data from merchant registration documents, integrating natural language prompts. It also incorporated chain of thought reasoning, standard operating procedure automation, and AI-driven code generation, alongside user interfaces in both language and graphical forms, the company noted. Antom general manager Gary Liu said: 'With this latest upgrade, Antom Copilot continues to evolve into a payment partner to provide merchants with tailored solutions. 'This reflects Ant International's AI strategy to deliver trusted, industry-specific solutions that help businesses, especially SMEs, fully harness the benefits of technology to thrive.' In April, Antom collaborated with Adobe to improve payment experiences for customers in Asia. "Antom enhances AI agent to streamline merchant payment services " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Time of India
18-07-2025
- Business
- Time of India
Citi, Ant International pilot AI-powered FX tool for clients to help cut hedging costs
Citigroup and Singapore-based financial technology firm Ant International have launched a pilot program using artificial intelligence to help clients better manage foreign exchange risk, the companies said on Friday. The program combines Citi's Fixed FX Rates solution, which is widely used by the banks' clients in sectors such as e-commerce, with Ant International's Falcon Time-Series Transformer model, an AI forecasting tool that helps businesses reduce hedging FX costs, according to a joint statement. The pilot program, developed initially for aviation clients, has already been used in live transactions with a major Asian airline able to reduce cost in its fixed FX hedging for online ticket sales, the companies said. "The 30 per cent hedging cost savings Ant International has achieved for the pilot airline customer shows the cost efficiency that can be achieved with AI-enabled FX hedging," Kelvin Li, general manager of Platform Tech at Ant International, said. "We are excited to expand the solution with Citi to serve more businesses and industries," he added. Ant International is an affiliate of China's fin tech giant Ant Group, founded by billionaire Jack Ma. It provides global digital payment, digitisation and financial technology and has operations across Asia, Europe, the Middle East and Latin America. The launch came six months after Citi began rolling out new AI tools to be used by employees in eight countries, providing such access to 140,000 employees globally. Large banks have been using AI tools in more targeted ways. Morgan Stanley has a chatbot that helps financial advisors in interactions with clients, and Bank of America's virtual assistant Erica focuses on day-to-day transactions of retail clients.>
