Thursday, January 28, 2021
Tags Chines epayment apps

Tag: Chines epayment apps

Banking

Do Chinese Payment Apps Pose a Threat to US Banks?

CBNEditor - 0
US banks are concerned that the latest developments in China's payment apps sector could undermine key streams of revenue, according to a new report...
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Ant Group Submits Blueprint for Conversion into Financial Holding Company to Chinese Authorities

Fintech CBNEditor - 0
Jack Ma's beleaguered Ant Group plans to deal the concerns of Chinese regulators about its business operations by converting itself into a...
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China Construction Bank Issues over $3 Billion in Small Business Loan Bonds

Economy CBNEditor - 0
One of China's big state-owned banks plans to step up financial inclusion lending with the proceeds of its latest bond issue.
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Banks Behind over 90% of China’s 80 Fintech Sandbox Projects

Banking CBNEditor - 0
Banking sector financial institutions have emerged as the main force behind projects included in the fintech regulatory "sandboxes" launched by multiple cities...
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Chinese Central Bank’s Credit Reference Center Amasses Data on over 1.1 Billion People

Banking CBNEditor - 0
The Credit Reference Center (CRC) of the People's Bank of China (PBOC) says it has amassed credit information on more than one...
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