The Ant Group (Part 4): FinTech Or Bank? Why It Matters (George Calhoun, Contributor/Forbes.com Market News)

The Ant Group is the world’s largest Fintech company, and the most
innovative. They pioneered many new forms of digital finance, faster and
bigger than anyone else. Then, the authorities in Beijing decided they
had to redefine Ant as…a Bank. What is the implication?The Ant Group is
the world’s largest Fintech company, and the most innovative. They
pioneered many new forms of digital finance, faster and bigger than
anyone else. Then, the authorities in Beijing decided they had to
redefine Ant as…a Bank. What is the implication?