Search for: "China Merchants Bank"
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27 Aug 2020, 8:07 am
Alipay says it has 900 million users in China. . . . [read post]
13 Aug 2020, 6:59 am
These efforts include TCH’s efforts to connect financial institutions’ (FIs’) core banking systems to the company’s Real-Time Payments (RTP) network, along with what card networks and FinTechs are doing to enable real-time push payments to receiver bank accounts. [read post]
6 Aug 2020, 7:14 am
One source said the committee is taking the People’s Bank of China’s recommendation “very seriously”. . . . [read post]
30 Jul 2020, 7:14 am
Merkel’s office confirmed that the chancellor made a pitch for Wirecard during a trip to China in September 2019, even though her office had been appraised of the allegations. [read post]
23 Jul 2020, 7:22 am
Could FIS Use Open Banking to Pry Merchants Away From Card Networks? [read post]
2 Jul 2020, 8:40 am
The pressures to create a digital USD are mounting as China recently began testing its own digital currency – the DCEP, which will be included in popular applications like WeChat and AliPay. [read post]
18 Jun 2020, 7:26 am
The fees are bank-to-bank charges paid from a merchant’s lender to a card-issuing bank when a purchase is processed. [read post]
12 Jun 2020, 7:44 am
And some of them also are dealing with demands from their merchant acquirers for more cash to fund reserve accounts. [read post]
4 Jun 2020, 7:30 am
Aussie Central Bank Considers Regulating ePayments FeesPYMNTS – June 3, 2020 The Reserve Bank of Australia (RBA), the country’s central bank, is considering reducing the cost of electronic payments for merchants and consumers as COVID-19 makes e-banking preferable, Assistant Governor Michele Bullock said on Wednesday. [read post]
28 May 2020, 8:23 am
Industry Developments SPOTLIGHT: Retailers Call out Banks Over Inaction on Contactless PaymentsBanking Day – May 21, 2020 Small business groups and government agencies are ramping up pressure on the major banks to offer least cost routing on contactless debit transactions as part of merchant servicing plans. [read post]
21 May 2020, 8:47 am
The feature allows a buyer to scan a QR code displayed by a seller to make a purchase in a face-to-face transaction, very much as users of the China-based services WeChat Pay, Alipay, and similar technologies can do. [read post]
14 May 2020, 8:35 am
For context, that is less than what PayPal charges U.S. merchants for sales on its platform, which have skyrocketed over the past two months of nationwide lockdowns. . . . [read post]
7 May 2020, 8:02 am
China also has one of the highest mobile banking and payment penetrations worldwide, with 57 percent of its consumers able to access personal mobile banking tools as of 2018. . . . [read post]
30 Apr 2020, 1:00 pm
"Why Evolving European SAR Policies Threaten Merchant Shipping," Maritime Safety and Security Law Journal, no. 7 (2019-2020)- Author is based in the US. [read post]
30 Apr 2020, 7:44 am
The fees, commonly known as swipe fees, are bank-to-bank charges paid from a merchant’s lender to a card-issuing bank when a purchase is processed. [read post]
23 Apr 2020, 7:54 am
It’s not news that China represents a huge opportunity for e-commerce merchants who want to expand into new markets. [read post]
24 Mar 2020, 4:00 am
See Fireside Bank, 40 Cal.4th at 872. [read post]
31 Jan 2020, 8:12 am
Ma Xiaowei, China’s health minister, said that the spread of the virus will accelerate. [read post]
31 Jan 2020, 8:12 am
Ma Xiaowei, China’s health minister, said that the spread of the virus will accelerate. [read post]
26 Dec 2019, 5:00 am
If banks fail to comply, the act would enable government officials to levy contempt fines against the banks. [read post]
