Tag : PBOC

The Digital Currency Monetary Authority Introduces a Global Digital Banking Framework for Crypto 2.0
Cryptocurrency News

The Digital Currency Monetary Authority Introduces a Global Digital Banking Framework for Crypto 2.0

Fintech Analyst
The Digital Currency Monetary Authority (DCMA) introduces a global regulatory compliant framework for broader banking and financial services adoption of cryptocurrencies and digital assets. Latest Fintech News: Global-e to Acquire Borderfree Cross-Border ecommerce Service from Pitney Bowes The DCMA’s executive team has been working with governments and central banks on blockchain......
Northern Trust Launches New Cloud-Based Insurance Accounting and Analytics Application
Banking News

Northern Trust Pension Universe Data: Canadian Pension Plans Benefit From Sharp Rebound in Global Equities During Second Quarter 2020

Fintech News Desk
Strong equity performance in the second quarter of 2020 helped Canadian defined benefit plans recover most of the investment losses experienced during the initial days of the Covid-19 pandemic, according to the Northern Trust Canada Universe. Major equity markets responded favorably as economies reopened and stimulus packages gained traction, concluding......
Jianpu Completes Registration of its Financial Services Application, Rong360, with China's NIFA
Fintech Mobile Banking News

Jianpu Completes Registration of its Financial Services Application, Rong360, with China’s NIFA

Fintech News Desk
Jianpu Technology, a leading independent open platform for the discovery and recommendation of financial products in China, announced that it has completed its registration and the required information filing for its mobile application, Rong360, with the National Internet Finance Association of China (“NIFA”), the national self-regulatory body for China’s internet finance industry that is backed......
American Express Elects Thomas Baltimore to Board of Directors
Fintech News

American Express Receives Clearance to Begin Processing Local Transactions in Mainland China

Fintech News Desk
Company becomes the first foreign payments network to be granted a clearing license in mainland China American Express announced that its joint-venture in mainland China, Express (Hangzhou) Technology Services Company Limited (“Express Company”), has received approval from the People’s Bank of China (PBOC) for a network clearing license. With this,......
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