Search Results
Searching for "People's Bank of China"
Found 265 result(s)
Showing 10 article(s). 255 more available to premium subscribers.
Big Data Firm Mininglamp Wins RMB 1 Bln Funding from Tencent, China Renaissance
36Kr.com, 4/16/18
Beijing-based big data analysis solutions provider Mininglamp Software System recently announced the completed of RMB 1.0 bln in Series C funding in 2017 from China Renaissance New Economy Fund and Tencent's (0700.HK) Tencent Industrial Capital. Read More
Alipay Fined for Violations Related to Consumer Protection, Privacy, and Promotions
Huxiu.com, 4/08/18
The Hangzhou sub-branch of the People's Bank of China, the county's central bank, recently disclosed a notice of administrative penalties which listed Alibaba Group's (NYSE: BABA) affiliate e-payment platform Alipay as being fined RMB 180,000 for violations related to consumer protection, product promotions (misleading advertising), and information privacy. Read More
Rumor: PBoC Prohibits Provision of Transaction Services for Virtual Currencies
Eeo.com.cn, 1/19/18
The People's Bank of China (PBoC), the nation's central bank, has issued a notice stating that as of January 17, its work units and branch offices are to strictly prohibit the provision of transaction services for virtual currencies and to take effective measures to block payment channels from using virtual currencies to make transactions. Read More
Rumor: Didi Chuxing Acquires Payment Processing License
Paynews.net, 3/13/17
Xiaoju Kuaizhi Inc ("Didi Chuxing"), operator of Chinese mobile taxi booking and car hire apps Didi Chuxing and Kuaidi Dache, has reportedly fully acquired Beijing-based 19Pay Technology and obtained its payment processing license, according to a source with knowledge of the matter speaking with Chinese news site Paynews.net. Read More
WeChat Pay, Alipay Implement Transfer Limits
National Business Daily, 12/01/16
Chinese third-party payment processors Alipay and WeChat Pay have announced that beginning today, they will be limiting the number of online transfers an account can make on their platforms in accordance with regulations enacted today by the Chinese government. Read More
Alipay Introduces Stricter Terms of Use in Compliance with New PBoC Rules
Sina Tech, 12/01/16
Chinese third-party payment processor Alipay has announced the Notice on Safeguarding the Security of User Funds by Combating Telecommunication Fraud, a series of usage limitations introduced to comply with new regulations from the People's Bank of China that went into effect today. Read More
China to Implement Internet Financial Risk Regulations by March 2017
DoNews, 10/13/16
The State Council, China's cabinet, has issued remedial regulations specifically targeting internet financial risk that must be implemented before the end of March 2017. Read More
Rumor: China Suspends New Business Registration of Online, Offline Finance Firms
Caixin.com, 4/21/16
China recently initiated remediation work to address problems in the online finance industry, and during this period all Chinese provinces will temporarily suspend registration services for enterprises containing finance-related words in their names or business scope descriptions, according to online media outlet Caixin, citing multiple sources close to the matter. Read More
China's Central Bank to Establish Online Finance Stats Monitoring System
Beijing Business Today, 11/30/15
China's Central Bank and Association of China Internet Financial Industry have jointly developed a preliminary system for the monitoring of online finance statistics, according to an announcement by Sheng Songcheng, department head of survey and statistics at the People's Bank of China. Read More
Mobile Vehicle Financing Service 'Shenma Financial' Wins USD 8-digit Series A
36Kr.com, 11/03/15
Shanghai-based mobile vehicle financing platform operator Shenma Online Financial Information Service ("Shenma Financial") recently received RMB 8-digit Series A funding led by Frees Fund, with participation from Shunwei Capital, the venture capital firm co-founded by Chinese Android device maker Xiaomi's CEO Lei Jun. Read More
.jpg)
