Friday, October 23, 2020
Tags Online payments

Tag: Online payments

Banking

PBOC Lifts Centralised Customer Deposit Ratio for Online Payment Companies

CBNEditor - 0
The Chinese central bank has announced that it will raise the centralised customer deposit ratio for payment companies to roughly 50% from around 20%...
Read more
Finance

Mobile Payments Beat Online Payments in China for the First Time Last Year

CBNEditor - 0
Mobile payments beat online payments in terms of total transaction volume for the first time ever in 2016. At the launch of the latest "China Payments...
Read more

Most Read

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

Economy CBNEditor - 0
China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).
Read more

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Economy CBNEditor - 0
Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...
Read more

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

Fintech CBNEditor - 0
A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...
Read more

China’s P2P Platforms Drop from 5000 to Less Than 6

Fintech CBNEditor - 0
Chinese P2P lending has been all-but squeezed out of existence by regulators in response to widespread issues with fraud in the once-flourishing...
Read more

ABOUT US

China Banking News covers all the latest news and development in the Chinese finance and fintech sectors.

Contact us: [email protected]

FOLLOW US