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Tag: People’s Bank of China

Mastercard’s joint venture receives approval to commence domestic payments in China

Mastercard's joint venture in China, Mastercard NUCC Information Technology, has received formal approval to commence domestic payments. In...

China imposes hefty fines on Ant Group and Tencent as it looks to normalise supervision

China's central bank, the People's Bank of China (PBOC), has imposed hefty fines on Ant Group and Tencent, along...

PayPal: Completes acquisition of GoPay

PayPal Holdings: Completes acquisition of China's GoPayPayPal completed its acquisition of a 70% equity interest in Guofubao Information...