Thursday, October 22, 2020
Tags Chinese mobile payments

Tag: Chinese mobile payments

Fintech

ATM Numbers Plunge by 40,000 in China as COVID-19 Spurs Digital Payments and Online Banking Adoption

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The presence of Automatic Teller Machines (ATM's) in China has drastically fallen in the wake of the widespread use of digital banking...
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Banking

Chinese Central Bank Releases 2nd Quarter Payments System Report

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The People's Bank of China (PBOC) has just released its second quarter report on the state of the Chinese payments system.
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Fintech

Have Digital Payments Driven a Plunge in Robbery Cases in China?

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China has seen a plunge in its robbery levels over the past decade which has coincided with a surge in the use...
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Banking

Chinese Central Bank Calls for Expansion of Mobile Phone Number Payments

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The Shanghai office of the People's Bank of China (PBOC) has called for the increased use of mobile phone numbers for payments...
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Fintech

Chinese Consumers Make Use of Mobile Payments Three Times Per Day on Average: UnionPay Survey

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China UnionPay has just released a new survey on the state of mobile payments security in 2019.
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Fintech

PBOC’s Shanghai Office Issues New Directive on Financial Development in Yangtze River Delta

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The People's Bank of China (PBOC) has issued a new directive via its Shanghai office for spurring the development of the financial...
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Fintech

China UnionPay’s QR Codes Officially Endorsed by Japan for Mobile Payments Purposes

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China UnionPay's QR codes have become the one of the first mobile payments platforms to be endorsed by Japan via inclusion in...
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Fintech

Beijing Calls for Increased Use of Mobile Payments During Coronavirus Outbreak

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The Chinese central government has issued a call for the increased use of mobile payments methods during efforts to combat the spread...
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Fintech

China’s Mobile Payments Market Grows Over 15% in Q3 2019, Alipay’s Market Share Exceed Half

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A new report points to strong growth in China's mobile payments market, as well as the ongoing dominance of Ant Financial's Alipay...
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Fintech

70% of Chinese Mobile Payments Users Use Mobile Payments on a Daily Basis

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A new report indicates that the majority of Chinese mobile payments users use their phones for payments purposes on a daily basis....
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China’s P2P Platforms Drop from 5000 to Less Than 6

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Chinese P2P lending has been all-but squeezed out of existence by regulators in response to widespread issues with fraud in the once-flourishing...
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CSRC Says Blockchain Used in Regtech Pilot Schemes for China’s Regional Equity Markets

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A senior official from the China Securities Regulatory Commission (CSRC) has highlighted the application of blockchain technology to regulatory trials in the...
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China’s Top Finance Regulators Send Raft of Policy Signals at 2020 Financial Street Forum

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Senior officials from the People's Bank of China (PBOC), the China Banking and Insurance Regulatory Commission (CBIRC) and the China Securities Regulatory...
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PBOC to Issue New Rules on Assessment of Systemically Important Banks

Banking CBNEditor - 0
A senior official has flagged the imminent launch by the Chinese central bank (the People's Bank of China) of new rules governing...
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