Central Bank: Small and micro loans strengthen the use of financial technology methods

On May 26, the People's Bank of China issued "On promoting the establishment of financial services for small and micro enterprises that dare to lend, are willing to lend, can lend, and will lend long-term" "Notice on the Effective Mechanism", which clearly states that it is necessary to promote technological empowerment and product innovation to improve the level of club loans.

The "Notice" requires strengthening the use of financial technology means. All financial institutions must thoroughly implement the "Financial Technology Development Plan (2022-2025)", increase investment in financial technology, strengthen organizational personnel support, and promote digital transformation in an orderly manner.

Analysis of the credit card business of 12 joint-stock banks

Through the 2021 financial reports of ten listed joint-stock banks (9 A-shares, 1 Hong Kong-shares), and two unlisted joint-stock banks (Guangfa Bank, Hengfeng Bank) annual report, we can observe the details of the credit card business development of each joint-stock bank from a more comprehensive dimension.

The Digital RMB App is updated again

Recently, the Digital RMB (pilot version) App has released version 1.0.11.0 update for Android and iOS versions, expanding the scope of application of secondary email addresses.

Users will be able to retrieve their passwords through the recovery email address filled in during registration, which is more convenient and easier to use than the previous operation process.

Changes in the license information of 7 payment institutions

The People's Bank of China changed the license information of 7 payment institutions on May 11 and released it recently, including remittance, Leshu, Helibao and other institutions.

PayPal's "PayPal payment" is here

Recently, Guofubao Information Technology Co., Ltd. acquired by PayPal has undergone a series of industrial and commercial changes.

This includes a name change, from Guofubao to PayPal Payment (Beijing) Co., Ltd. Since then, the name Guofubao has become a thing of the past in China’s payment industry, ushering in a new era of PayPal payment. .

Aerospace Electronics changed its name to PingPong Payment

On May 25, the name of the official website of Zhejiang Aerospace Electronics Information Industry Co., Ltd. was officially changed to PingPong Payment, and the domain name was changed to www.pingpongxpay.com. According to the official website, its business content is mainly divided into domestic payments and cross-border payments.

Clicking on domestic payment shows the original service content of Aerospace Electronics, including Aerospace Easy Card, the original prepaid card business, and highlights the words "PingPong Payment".

Tengfutong’s parent company delisted

On May 24, Tengfutong’s parent company, Tempus International, issued an announcement regarding the receipt of the decision to terminate the listing of the stock, and Tempus International immediately entered The delisting consolidation period will start on May 31, 2022. The delisting consolidation period will last for fifteen trading days, and the final trading date is expected to be June 21, 2022.

At this point, with scandals such as bankruptcy, payment license renewal suspension review, data fraud and other scandals, the fate of Tempus International has come to a staged end.

Zhuanzhuan charges payment channel fees from sellers

On May 27, the second-hand commodity trading platform Zhuanzhuan released the "Payment Channel Fee Instructions", stating that starting from May 30, Zhuanzhuan will A payment channel fee of "six thousandths" will be collected for all successful orders in the free market zone.

In a transaction, the user will pay a maximum channel fee of 30 yuan. If there is an excess, it will continue to be borne by the Zhuanzhuan platform.

Changes in the legal representative and shareholders of Yijifu

Recently, Yijifu, a licensed Internet payment institution, has undergone a series of industrial and commercial changes. Its legal representative Zhang Yaoyuan has withdrawn and Qu Guoning has taken over. , concurrently serves as executive director and manager.

In addition, Wei Kaiqing withdrew from the shareholder list and added Beijing Xinjinhua Integrated Data Co., Ltd., which only holds equity in Yijifu 1.

Anti-epidemic payment, the trend behind the integration of multiple codes into one

The integration of multiple codes into one is becoming the latest anti-epidemic measure in many cities.

What are the differences between multi-code integration in various places? Will it bring about a new round of payment method reshuffle in transportation payment? Today, Mobile Payment Network will talk about this topic.

The bank was fined 2.1 million yuan for employees lending credit cards

On May 20, the China Banking and Insurance Regulatory Commission’s Taizhou Supervision Branch’s administrative penalty information disclosure table published on the China Banking and Insurance Regulatory Commission website showed that Zhejiang Tailong Commercial The bank was fined 2.1 million yuan for seven violations including employees lending credit cards to others for use.

2.5-tier banks are working on digital renminbi projects

As the scope of the pilot expands, digital renminbi-related data will inevitably grow significantly. Behind the “rapid growth” of digital renminbi, it is inseparable from the promotion of banks and other institutions.

The mobile payment network conducted incomplete statistics on the companies that won bids for projects related to the construction of bank digital renminbi systems, and a total of 24 winning projects were counted.

The digital RMB smart student ID card is here

Recently, at the campus of Hainan Lu Xun Middle School on Yuya Road, Sanya City, ICBC and China Mobile launched the "Digital RMB Smart Student ID Card" based on SIM hard wallets. Certificate" products.

This product has a built-in NFC module, which integrates digital RMB hard wallet, GPS positioning, family calls, emergency help, electronic fence and other functions.

PayPal begins layoffs

People familiar with the matter revealed that Paypal began to lay off employees in its risk management and operations departments this week, hoping to respond to the increase in user spending on its platform in recent quarters. stagnation, ultimately boosting company profits.

The company is laying off dozens of employees at operations in Chicago, Omaha, Neb., and Chandler, Ariz. Documents show that PayPal also announced this month its decision to permanently lay off more than 80 people at its headquarters in San Jose, California.

Research: The overall rationality of Internet consumer credit

For the first time, the Digital Finance Center of Peking University opened the "black box" of Internet consumer credit and conducted an empirical study on 1.1 million transaction orders, which was completed a few days ago. Wrote the paper "Mobile Payment and the Construction of China's Credit System".

Among the research samples, nearly 70% of users did not accrue interest when using Internet consumer credit products, which is even higher than traditional credit cards. In terms of amount, the user’s non-interest-bearing expenditures accounted for 71% of their total expenditures.

SuiXing Pay drives service upgrades in the payment industry

SuiXing Pay has recently launched a new service concept: payment experience, quality Pay Anywhere.

In order to better enhance user experience, Suixingfu has launched four major user service commitments, clearly proposing a standardized and supervised service commitment to users and the market, and using practical actions to promote a platform for positive industry cycles Take responsibility.

Mobile Payment Network holds Growth Camp live broadcast event

On May 24, the seventh online event of Mobile Payment Network Growth Camp was held as scheduled.

Huang Dingcong, author of "Redefining Risk Control" and senior digital finance expert, discusses the pain points of the existing small and micro credit risk control model, how to innovate the small and micro credit big data intelligent risk control system, and what dimensions can be innovated from, etc. In terms of aspects, it analyzes its views on the establishment of a big data intelligent risk control system for small and micro enterprises.

Qilu Bank plans to increase capital and shares in Shandong City Commercial Bank Alliance

On May 20, Qilu Bank issued an announcement on the resolution of the 19th meeting of the eighth board of directors, and reviewed and approved the "About Proposal to increase capital to Shandong City Commercial Banks Cooperation Alliance".

Qilu Bank plans to participate in the capital increase and share expansion of the Shandong City Commercial Bank Alliance, with a proposed capital contribution of 104.8866 million yuan. After the capital increase, the shareholding ratio will increase from 8.60 to 13.43, making it the largest shareholder.

Announcement of Hebei’s 4th Batch of Financial Technology Innovation Applications

On May 20, a new batch of innovative applications of Hebei Province’s financial technology innovation regulatory tools were announced to the public.

This batch of financial technology innovative applications involves innovative technologies such as privacy computing, big data, and artificial intelligence, which are applied to financial application scenarios such as promoting dormant bank card customers and green credit.

Shaoxing Bank was fined 5.5 million yuan for anti-money laundering issues

Shaoxing Bank failed to perform customer identification obligations as required, failed to save customer identity information and transaction records as required, and failed to comply with regulations. The company was fined 5.5 million yuan for four violations including the obligation to report large and suspicious transactions and transactions with unidentified customers.

At the same time, Wang Jianming, the then deputy general manager of the retail banking department of Shaoxing Bank, Zhao Jiangang, the then general manager assistant of the operation management department and the internal control compliance and legal department, and the then president of Shaoxing Bank Wenzhou Branch Seven relevant persons responsible, including Li Ming and Ni Yong, then president of Taizhou Branch of Shaoxing Bank, were respectively responsible for the aforementioned violations and were fined ranging from RMB 10,000 to RMB 70,000.

Hainan launches digital renminbi prepaid fund supervision system

Recently, the first digital renminbi prepaid fund supervision system in the free trade port built by the Industrial and Commercial Bank of China Hainan Branch was officially launched to solve the problem of prepaid funds. Consumption pain point issues provide new avenues.

This project gives full play to the advantages of digital RMB smart contract technology, protects consumers’ prepaid recharge funds in digital RMB wallets in accordance with smart contracts, and releases the funds to merchants one by one according to actual consumption and supports 7* 24-hour point-to-point payment ensures that merchants receive operating cash flow in a timely manner.