Search for: "China Merchants Bank"
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7 Feb 2022, 4:02 pm
A key question from an end user (e.g., consumer or merchant) perspective is: would a CBDC be faster and less expensive than the current system? [read post]
7 Feb 2022, 8:01 am
China’s trailblazing foray into the development of a central bank digital currency has inspired similar projects in some 87 countries around the world. [read post]
17 Dec 2021, 11:17 am
Major UK Banks to Roll Out Shared Banking HubsFinextra – December 15, 2021 Major UK banks have agreed to create a network of shared banking hubs to ensure communities have fair access to cash. [read post]
17 Dec 2021, 11:17 am
Major UK Banks to Roll Out Shared Banking HubsFinextra – December 15, 2021 Major UK banks have agreed to create a network of shared banking hubs to ensure communities have fair access to cash. [read post]
3 Dec 2021, 8:25 am
In addition, the emergence of alternative solutions to using Visa and Mastercard-branded payment cards for merchants and consumers, such as account-to-account payments, Open Banking and buy now pay later, means third-party providers can move money directly from consumers’ bank accounts to merchants, increasing pressure on the main card schemes. [read post]
3 Dec 2021, 8:25 am
In addition, the emergence of alternative solutions to using Visa and Mastercard-branded payment cards for merchants and consumers, such as account-to-account payments, Open Banking and buy now pay later, means third-party providers can move money directly from consumers’ bank accounts to merchants, increasing pressure on the main card schemes. [read post]
3 Dec 2021, 8:25 am
In addition, the emergence of alternative solutions to using Visa and Mastercard-branded payment cards for merchants and consumers, such as account-to-account payments, Open Banking and buy now pay later, means third-party providers can move money directly from consumers’ bank accounts to merchants, increasing pressure on the main card schemes. [read post]
12 Nov 2021, 10:36 am
China to Marry Digital Yuan, Mobile Payment AppsPYMNTS – November 9, 2021 The People’s Bank of China says it will make an effort to further link the digital yuan to the country’s popular mobile payment apps. [read post]
12 Nov 2021, 10:36 am
China to Marry Digital Yuan, Mobile Payment AppsPYMNTS – November 9, 2021 The People’s Bank of China says it will make an effort to further link the digital yuan to the country’s popular mobile payment apps. [read post]
11 Nov 2021, 10:36 am
China to Marry Digital Yuan, Mobile Payment AppsPYMNTS – November 9, 2021 The People’s Bank of China says it will make an effort to further link the digital yuan to the country’s popular mobile payment apps. [read post]
8 Nov 2021, 9:40 am
Antiquities sellers soon will be covered by the Bank Secrecy Act. [read post]
8 Nov 2021, 9:40 am
Antiquities sellers soon will be covered by the Bank Secrecy Act. [read post]
8 Nov 2021, 9:40 am
” The USCBS pressed that dealers and auction houses also “engage in a variety of ‘creative’ financing schemes,” which the group conceded “may not be illegal,” but which illustrated how “art merchants are increasingly acting more like financial institutions in lending money, securitizing loans, and monetizing works of art. [read post]
15 Oct 2021, 9:17 am
China’s Central Bank Governor Vows to Continue Fintech CrackdownBNN Bloomberg – October 7, 2021 China will continue taking steps to curb monopolistic behavior among internet platform companies and strengthen the protection of consumer privacy and data security, central bank Governor Yi Gang said. [read post]
15 Oct 2021, 9:17 am
China’s Central Bank Governor Vows to Continue Fintech CrackdownBNN Bloomberg – October 7, 2021 China will continue taking steps to curb monopolistic behavior among internet platform companies and strengthen the protection of consumer privacy and data security, central bank Governor Yi Gang said. [read post]
1 Oct 2021, 8:47 am
CMSPI, a leading international consultant on merchant cost management, last week alerted 40 Australian retailers to the potential for runaway growth in so-called “scheme fees” as banks and global card companies try to boost revenue from merchant customers. [read post]
1 Oct 2021, 8:47 am
CMSPI, a leading international consultant on merchant cost management, last week alerted 40 Australian retailers to the potential for runaway growth in so-called “scheme fees” as banks and global card companies try to boost revenue from merchant customers. [read post]
28 Sep 2021, 12:34 pm
The most popular forms of digital payment in China are Alipay and WeChat Pay, which utilize QR codes to connect merchants and users financially. [read post]
15 Sep 2021, 6:55 am
Earlier this year, the CCP was giving randomly selected citizens small amounts of free eCNY to spend with merchants online or via smartphone wallets in pilot disbursals facilitated through a handful of state-owned banks in a few large cities. [read post]
23 Jul 2021, 8:38 am
Non-bank payment firms should report both domestic and overseas listing plans, the People’s Bank of China (PBOC) said in a statement. [read post]
