Thursday, January 28, 2021
Tags NetsUnion Clearing Corporation

Tag: NetsUnion Clearing Corporation

Finance

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

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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

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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

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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

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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

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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

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

Fintech CBNEditor - 0
Jack Ma's beleaguered Ant Group plans to deal the concerns of Chinese regulators about its business operations by converting itself into a...
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China Construction Bank Issues over $3 Billion in Small Business Loan Bonds

Economy CBNEditor - 0
One of China's big state-owned banks plans to step up financial inclusion lending with the proceeds of its latest bond issue.
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Banks Behind over 90% of China’s 80 Fintech Sandbox Projects

Banking CBNEditor - 0
Banking sector financial institutions have emerged as the main force behind projects included in the fintech regulatory "sandboxes" launched by multiple cities...
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Chinese Central Bank’s Credit Reference Center Amasses Data on over 1.1 Billion People

Banking CBNEditor - 0
The Credit Reference Center (CRC) of the People's Bank of China (PBOC) says it has amassed credit information on more than one...
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