All posts tagged "UnionPay"
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560ChinaTrade Deal to Enable Early Entry of US Firms to China
Under the agreement, the December timeline for China's removal of foreign ownership limits in the securities sector is brought forward to April.
January 16, 2020 -
575ChinaPayPal Obtains Online Payments Licence in China
PayPal's acquisition of a majority stake in Gopay gives it access to licences that allow it to offer online, mobile and cross-border renminbi payments.
December 24, 2019 -
429China
First Foreign Firm Approved to Enter China Payments Market
The PBOC has approved PayPal’s acquisition of a majority stake in domestic payments firm Gopay, giving it access to various domestic payments licences.
October 1, 2019 -
573ChinaChina Works Towards Unified Financial Infrastructure Regulation
Work is underway to develop a unified framework for regulating and supervising critical financial infrastructures in China, where PBOC will be the main coordinating regulator.
September 13, 2019 -
687Asia-PacificPayments Connectivity Sees Continued Progress in ASEAN
Bank of Thailand outlined a number of key initiatives with other ASEAN nations to increase regional connectivity in cross-border payments.
April 10, 2019 -
599ChinaSGX to Distribute China Interbank Bond Indices to International Investors
The agreement to distribute CFETS-BOC bond indices outside of China is just one among four agreements signed between China and Singapore this week.
November 15, 2018 -
598ChinaAmex Affiliate Wins Approval to Enter China Bank Card Market
The affiliate, 50 percent owned by Amex subsidiaries, will be able to operate a credit card payment network that will allow Amex-branded cards to be used in China.
November 12, 2018 -
481ChinaUnionPay Extends Reach into Hong Kong, Macau, Europe
UnionPay launches mobile payments in Hong Kong and Macau, among other tie-ups in Singapore, France and the UK.
September 17, 2018 -
819China
China’s Opening Up to Foreign Third Party Online Payment Firms
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.
August 6, 2018 -
AML / KYC
HKMA Collecting UnionPay ATM Withdrawal Data
Regulator has asked for number of withdrawals and amounts to regulate the use of UnionPay cards in Hong Kong.
August 10, 2017
