Thursday, January 28, 2021
Tags NetsUnion Clearing Corporation

Tag: NetsUnion Clearing Corporation

Mastercard Grabs Approval to Make Preparations for Entry into Chinese Payments Market

The Chinese central bank has given its preliminary approval to Mastercard's entry into the domestic payment's market via a joint venture with...

NetsUnion Posts over 11% Rise in Online Payments Transactions During 2020 Chinese New Year

China's centralised platform for the processing of online transactions has reported a sharp YoY rise in transaction numbers during the 2020 Chinese...

ICBC Enters Strategic Cooperative Agreement with NetsUnion Clearing Corporation

China's biggest bank in terms of assets has entered an official cooperative partnership with the Chinese central bank's clearing platform.

Citibank Connects Corporate Accounts to NetsUnion Clearing Corporation Platform

Citibank (China) has become one of the first foreign-invested lenders in China to connect its corporate accounts to the the Chinese central...

Alipay Teams up with UnionPay as Beijing Cuts Ties Between Payments Sector and Banks

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...

Most Read

Ant Group Submits Blueprint for Conversion into Financial Holding Company to Chinese Authorities

Jack Ma's beleaguered Ant Group plans to deal the concerns of Chinese regulators about its business operations by converting itself into a...

China Construction Bank Issues over $3 Billion in Small Business Loan Bonds

One of China's big state-owned banks plans to step up financial inclusion lending with the proceeds of its latest bond issue.

Banks Behind over 90% of China’s 80 Fintech Sandbox Projects

Banking sector financial institutions have emerged as the main force behind projects included in the fintech regulatory "sandboxes" launched by multiple cities...

Chinese Central Bank’s Credit Reference Center Amasses Data on over 1.1 Billion People

The Credit Reference Center (CRC) of the People's Bank of China (PBOC) says it has amassed credit information on more than one...