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Ant Financial Is Named to MIT Technology Review's Annual 50 Smartest Companies List

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HANGZHOU, China, June 27, 2017 (GLOBE NEWSWIRE) -- Ant Financial Services Group (Ant Financial) has been named to MIT Technology Review's 2017 list of 50 Smartest Companies. To make the list, a company must exhibit technological leadership and business acumen which set them apart from competitors. Ant Financial was listed for applying AI technologies to digital financial services and exploring blockchain technologies to build a more transparent charity platform.

Nanette Byrnes, senior editor for business, states, "The companies on the list combine a high level of technology innovation with a business model that will help them make the most of it. Public and private, large and small, based in countries around the globe, this group of companies is creating new opportunities and pouncing on them. These are the ones that competitors must follow."

"As technologies including AI, security, computing infrastructure, blockchain and biometrics continue to evolve, we have the opportunity to work with our partners and collaboratively redefine a new technology infrastructure for financial services. This will make global financial inclusion possible," said Cheng Li, CTO of Ant Financial.

The list is included in MIT Technology Review's annual business issue, which is available online now and on newsstands worldwide on July 4, 2017.

About Ant Financial 
Ant Financial Services Group is focused on serving small and micro enterprises, as well as consumers. Ant Financial is building an open ecosystem of Internet thinking and technologies while working with other financial institutions to support the future financial needs of society. Businesses operated by Ant Financial Services Group include Alipay, Ant Fortune, Zhima Credit and MYbank. For more information on Ant Financial, please visit our website at www.antgroup.com or follow us on Twitter @AntFinancial.

About MIT Technology Review
Founded at the Massachusetts Institute of Technology in 1899, MIT Technology Review is a digitally oriented independent media company whose analysis, features, reviews, interviews, and live events explain the commercial, social, and political impact of new technologies. MIT Technology Review readers are curious technology enthusiasts-a global audience of business and thought leaders, innovators and early adopters, entrepreneurs and investors. Every day, we provide an authoritative filter for the flood of information about technology. We are the first to report on a broad range of new technologies, informing our audiences about how important breakthroughs will impact their careers and their lives. Subscribe. Follow us: TwitterFacebookLinkedInGoogle+Instagram.

Media Contacts:
Anna Wang
Ant Financial Services Group
0086-186 5017 5983

David W.M. Sweeney
MIT Technology Review
617-475-8018




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ant Financial Services Group via Globenewswire

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