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Friday, October 23, 2020
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NetsUnion Clearing Corporation
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NetsUnion Clearing Corporation
Finance
Mastercard Grabs Approval to Make Preparations for Entry into Chinese Payments Market
CBNEditor
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February 12, 2020
0
The Chinese central bank has given its preliminary approval to Mastercard's entry into the domestic payment's market via a joint venture with...
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Fintech
NetsUnion Posts over 11% Rise in Online Payments Transactions During 2020 Chinese New Year
CBNEditor
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February 5, 2020
0
China's centralised platform for the processing of online transactions has reported a sharp YoY rise in transaction numbers during the 2020 Chinese...
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Banking
ICBC Enters Strategic Cooperative Agreement with NetsUnion Clearing Corporation
CBNEditor
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December 2, 2019
0
China's biggest bank in terms of assets has entered an official cooperative partnership with the Chinese central bank's clearing platform.
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Banking
Citibank Connects Corporate Accounts to NetsUnion Clearing Corporation Platform
CBNEditor
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March 11, 2019
0
Citibank (China) has become one of the first foreign-invested lenders in China to connect its corporate accounts to the the Chinese central...
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Finance
Alipay Teams up with UnionPay as Beijing Cuts Ties Between Payments Sector and Banks
CBNEditor
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September 17, 2018
0
The world's largest mobile payments platform and the world's largest card payment organisation have entered a new cooperative partnership. Alipay and China UnionPay have executed...
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Most Read
Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO
Fintech
CBNEditor
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October 23, 2020
0
Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...
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China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion
Economy
CBNEditor
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October 23, 2020
0
China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).
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Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum
Economy
CBNEditor
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October 23, 2020
0
Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...
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PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence
Fintech
CBNEditor
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October 23, 2020
0
A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...
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