Ant Financial’s acquisition of MoneyGram has been called off after the companies were unable to convince the Committee on Foreign Investment in the United States (CFIUS) to approve the deal. The Chinese payments company, which operates Alipay, is an affiliate of the Alibaba group and had hoped to buy US

Jack Ma’s Ant Financial is buying US-based international money transfer service MoneyGram in a deal worth $US880 million. Read the third issue of Which-50 Magazine online for free – Customer Experience Edition Ant Financial, the financial affiliate of Alibaba and parent company of Alipay, offers a broad suite of digital-based