UMFINTECH official website UMF International UMF Global
  • PBC's Notice for Intensifying Bank Card Acceptance Outsoursing Management

    PBC's Notice for Intensifying Bank Card Acceptance Outsoursing Management

    2016-04-03
  • PBC and CBRC Jointly Issued Documents to Boost Banks' Support for Consumer Finance

    According to news on March 30, People's Bank of China (PBC) and China Banking Regulatory Commission (CBRC) jointly released the Guidance Opinions for Enhancing Support for New Finance Consumption.

    2016-03-31
  • New Rules from PBC for Alipay and Wechat Users

    On March 12, Fan Yifei, Vice President of The People'S Bank of China (PBC) revealed at the Press Conference of the Fourth Session of the Twelfth National People's Congress that PBC would run a new non-bank payment account system in an attempt to adapt to the increasingly diversified and individualized consumption and payment demands of consumers.

    2016-03-29
  • Full Coverage of PBC's Payment System Boosts E-business Development in Rural Area

    The 2015 General Situation of Payment Business Development in Rural Area released by the People's Bank of China today indicates that till the end of last year, the payment system of the People's Bank of China has basically covered all the banking outlets.

    2016-03-29
  • Eight Ministries and Commissions Including the People's Bank of China Issued the Several Opinions on Supporting Industrial Steady Growth, Structural Adjustment and Benefit Increase by Means of Finance

    Recently, with the content of the State Council, the People's Bank of China (PBC) and China Banking Regulatory Commission (CBRC) jointly issued the Guidance on Enhancing Financial Support for New Consumption Fields (CBRC circular [2016] No. 92, hereinafter referred to as "Guidance").

    2016-03-24
  • 1
    Classifications
    Screening by Date