Stricter regulations are intended to limit abuses, improve government oversight and allow the entry of foreign enterprises for the first time. But, a more comprehensive framework is needed to manage systemic risk posed by the sector’s rise.
Stricter regulations are intended to limit abuses, improve government oversight and allow the entry of foreign enterprises for the first time. But, a more comprehensive framework is needed to manage systemic risk posed by the sector’s rise.
Accenture, Alibaba, Alipay, American Express, AML, Ant Financial, centralised clearinghouse, Clearing, featured, Free Me Pay, Kayou Payment Services, KYC, LianLian, Moneygram, Oversight, Payments, PBOC, Settlement, Systemic Risk, Tencent, Tenpay, UnionPay, World First Asia
