China Construction Bank (Asia) client says she lost HK$20,000 through FPS transfers, with experts suggesting hacking may be ...

China has released an action plan to promote the use of the yuan and its own payment system in international trade, as it seeks to reduce its dependence on the dollar amid an escalating trade war ...

but the system and language barriers remain daunting. “I can’t imagine how a foreigner who doesn’t have Chinese payment tools and doesn’t speak the language can deal with all this,” said ...

This ruling confirms what developers have argued for years—that Apple’s restrictive policies suppress innovation rather than ...

China's Cross-border Interbank Payment System, a renminbi-based settlement system, should be upgraded and connected to more lenders to better serve outbound Chinese companies. In order to better ...

Tencent is considering bringing its palm biometrics scanning to Thailand in what would be a significant expansion of the ...

China's central bank announced steps this ... The PBOC also pledged to strengthen its homegrown cross-border yuan payment system CIPS, and push forward with the application of blockchain - the ...

SHANGHAI, April 22, 2025 (GLOBE NEWSWIRE) -- Under the guidance of The People's Bank of China (PBOC ... the Area of Financial Innovation and Payment Systems, agreeing to collaborate on payment ...

Exclusive-'China Track' Bank Netting System Shields Russia-China Trade From ... with China hit a record $245 billion last year despite payment problems and commissions running as high as 12% ...

Major Russian banks have set up a netting payments system dubbed "The China Track" for transactions with China, aiming to ...

Russia’s trade with China hit a record US$245 billion ... insuring against a possible default of a payment agent or a counterparty. The system does not use the Swift messaging system or accounts ...