Monday, January 25, 2021
Tags Chinese bank cards

Tag: Chinese bank cards

Finance

Chinese Bank Cards Increase 8.9% YoY in 2019 to 8.53 Billion

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A new report from the peak body for the Chinese banking sector points to robust growth in bank cards in 2019.
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Banking

PBOC Approves First Bank Card Clearing License for China UnionPay

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China's central bank has given its approval to the issuance of the country's first bank card clearing operations license in anticipation of...
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Banking

Over 100M China UnionPay Cards Issued Abroad, Transaction Volume Up 40% YoY in 2018

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Chinese bank card giant UnionPay is fast expanding its overseas presence in terms of cards issued abroad as well as transaction volumes. Data just released...
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Most Read

Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

Fintech CBNEditor - 0
Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...
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Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

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The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...
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Chinese Banks See Net Profits Decline 1.8% in 2020

Banking CBNEditor - 0
China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....
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Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

Fintech CBNEditor - 0
A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...
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