Monday, April 19, 2021
Tags Third party payments

Tag: Third party payments

Third Party Payments Sector Faces Reshuffle as Regulators Step up Pressure

China's third party payments sector is expected to undergo a major reshuffle as new restrictions come into play and financial regulators step up their...

PBOC Puts Pressure on Third Party Payments with over 30 Fines in 2018

The Chinese central bank is stepping up the pressure on the country's third party payments providers in 2018, after first beginning to scrutinise the...

Central Bank Squeezes Payments Sector with License Cancellations

The People's Bank of China has revoked the licenses of nine non-bank payment organisations for various abuses including misappropriation of funds and license abuses On...

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