Sunday, January 24, 2021
Tags Fraud

Tag: Fraud

Hacker Infiltrates PBOC’s Email System to Spread Fake Bitcoin Rumours

A hacker has accessed the email system of the Hefei branch of the Chinese central bank and used it to spread fake reports of...

Fraudulent Property Financing Runs Rampant Around China

Various forms of fraudulent property financing have spread like wildfire around China, helping to inflate real estate markets amidst a crackdown by regulators. In September...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.