Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking strengths and Ant International’s fintech and AI strategies.
Through the Ant International BOCHK partnership, both parties aim to explore AI-driven innovative financial services and real-time treasury management and cross-border payments.
Sun Yu, Vice Chairman and Chief Executive of Bank of China (Hong Kong), said,
“We are pleased to join forces with Ant International, an industry-leading fintech company, not only to explore innovative cross-border financial service solutions, but also to advance fintech innovation and application in Hong Kong, fostering mutually beneficial cooperation in cross-border finance across Southeast Asia.”
Eric Jing, Chairman of Ant International, added,
“We are proud to forge a strategic partnership with BOCHK, a trusted collaborator since 2013. By combining BOCHK’s strengths with Ant International’s, we are bringing our shared vision to life – ensuring seamless and accessible financial payments for every business and everyone.”
Ant International’s Alipay+, WorldFirst and Bettr will collaborate with BOCHK to explore cooperation in several areas.
The partnership will also aim to enhance financial services for SMEs as well as intelligent liquidity management and financial service solutions for global enterprises.
Featured image edited by Fintech News Hong Kong based on an image by Ant International