Payments Research

Jul

WTO Dispute May Accelerate China’s Liberalization

Recently, a WTO dispute panel, in response to the recent US complaint, said China is breaking the WTO rules by maintaining CUP as a monopoly supplier for the clearing of certain types of RMB-denominated payment card transactions. The specific areas where the panel determined that China had discriminated against foreign…

Jul

China Payments Research

Top-5 Current Trends in China’s Payments Industry

Trend 1: Fourth Round of Payment Licenses If you remember from our previous commentaries, in 2011, the People’s Bank of China (PBOC) mandated that any company providing payment products or services be licensed in order to operate. This brought a much needed dose of regulation to what was previously quite…

Jul

Asia Payments Research

Jumio shows Interest in Asian Online and Mobile payment markets

According to public information on the official website of Jumio, this fast-growing payment and online ID verification company based in California will be announcing additional deals with customers in Asia later this year. This is a signal for the firm’s ambition and interest in entering the Asian online payment markets,…

Contact Info