Found 80 results in 937 milliseconds.
China has reduced its short and long-term interest rates to stimulate economic growth just days after a major Communist Party leadership meeting.
banks, financial institutions, interest rate, financial services
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) have advanced the e-CNY pilot for cross-boundary payments, expanding its scope in Hong Kong.
cross-border payments, instant payments, real-time payments, digital currency
Mastercard NetsUnion Information Technology has announced it began processing payments made in China with Mastercard card issued by the country’s banks.
payment processing, merchants, payments , debit card, credit card
Naveen Mallela, Managing Director at JP Morgan Chase, delves into the future of money and cross-border payments, stressing out the importance of tokenized deposits, stablecoins, and CBDCs.
stablecoin, CBDC, cross-border payments, instant settlement, B2B payments, DeFi
Richard Turrin, Author of ‘Cashless’, reveals the true potential of e-CNY that goes beyond retail payments and insights into ways of breaking the dollar monopoly on oil trade.
CBDC, digital payments, banking, fintech, distributed ledger technology, blockchain, WeChat Pay, Alipay
Mastercard NUCC Information Technology (Beijing) has received formal approval to perform domestic bank card clearing activities in China.
regulation, payments , banks, financial services
Collaborating with the Bank of Italy, the Associazione Bancaria Italiana (ABI) has brought together a group of banks in a pilot program for a central bank digital currency (CBDC).
CBDC, central bank, digital currency, regulation
Hong Kong Exchanges and Clearing Limited has welcomed the launch of Swap Connect, a mutual access programme between Hong Kong and China’s interbank interest rate swap markets.
trading platform, settlement, partnership, clearing house
MPE 2023 highlighted sustainability, payment orchestration, and embedded finance as key trends in the payments industry, with collaboration remaining crucial to creating a sustainable and innovative payments industry.
payments , sustainability , ESG, payments orchestration, embedded payments, partnership, CBDC, stablecoin, merchants, PSP
The People’s Bank of China (PBOC) has written in China Finance that the country should accelerate legislation of the Financial Stability Law and improve prevention of financial risks.
central bank, risk management, fraud prevention, regulation, de-risking
China’s State Council has revealed a new state administration proposal that aims to overhaul the financial sector and tighten crypto supervision.
cryptocurrency, regulation, financial institutions, compliance
The Chinese Central Bank has introduced new risk rules for financial assets of commercial banks, as well as new requirements for non-performing assets.
central bank, financial services, banks, risk management
Eric Grover, Principal at Intrepid Ventures, analyses the unbalanced competition between central banks and private-sector payment systems across the globe, revealing what are each’s strengths.
central bank, payments system, cross-border payments, fintech
The People’s Bank of China (PBOC) has announced the launch of a new function on its digital app, to allow Android NFC users to make offline digital payments.
product launch, online banking, online payments, ecommerce, contactless payments, payments , mobile payments
The Nepal Rastra Bank has taken steps towards issuing its own digital currency following a study that has revealed the project’s feasibility.
digital currency, CBDC, central bank, crypto asset
The People’s Bank of China (PBOC) has applied for a patent on an automatic teller machine (ATM)/ cash deposit machine (CDM) for the digital renminbi, according to China Banking News.
central bank, ATM, product upgrade
The Digital Currency Monetary Authority (DCMA) has introduced a global regulatory framework for banking and financial services adoption of crypto and digital assets.
central bank, regulation, digital currency, cryptocurrency
China's central bank has accepted Ant Group's application to set up a financial holding company.
financial institutions, regulation, banks, payments , spend management
People's Bank of China and regulators have urged the nation’s lenders to step up support for the real economy and meet credit demand.
central bank, lending, regulation, banks, COVID-19
Tencent has been facing a fine for violations of central bank regulations by its WeChat Pay mobile network after Beijing toughened its regulations for fintech platforms, as related by The Wall Street Journal.
WeChat Pay, AML, central bank, banks, regulation