Ant Group’s online bank MyBank will stop supporting money transferred from Ant’s mobile payment service Alipay starting Thursday, as China continues to tighten regulations on fintech companies. Alipay users will lose the option to transfer funds to class two MyBank accounts with no transaction fees. They will have to transfer funds to other Chinese banks and pay 0.1% transactions fees. Founded in 2015, MyBank is one of the first batches of Chinese private banks. [MyBank, in Chinese]