Tuesday, October 20, 2020
Tags Dinpay

Tag: Dinpay

Third Party Payments Provider Dinpay Hit with 41.52 million Yuan in Penalties

Online Chinese payments company Dinpay has been hit with more than 41 million yuan in fines over infractions involving offshore gold and forex transactions. On...

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Shenzhen Lottery Winners Use Digital Renminbi to Pump Fuel, Pay for Meals

The winners of a recent digital renminbi lottery held in the southern tech hub of Shenzhen have used some of their proceeds...

Chinese Central Bank Digital Currency Seen Driving Cross-border Payments, Renminbi Internationalisation

Chinese experts see the central bank digital currency (CBDC) as a vital means of facilitating cross-border transactions and expediting the internationalisation of...

Regulators Driving Remote Account Opening – What Banks Need to Know

By Stanley Yu, Director, Hong Kong, Fenergo COVID-19 has radically transformed the financial services industry across APAC. With forced...

Chinese Commercial Banks Could Soon Determine Interest Rates Independently

Proposed changes to China's commercial banking law will allow lenders to independently determine the rates for deposits and loans.