- 2016/04/11
- 2016/04/04
- 2016/01/28
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2016/01/11
Fincera (fka. AutoChina International) Media Mention in PaymentsCompliance: New Chinese KYC Rules Heap Pressure On Non-Banks
Excerpt: “…Contrasting this, Spencer Li, vice president of product at Chinese web services firm Fincera, told PaymentsCompliance that the added KYC checks would not overly trouble payment providers despite the raised costs involved in interfacing with ID databases. "‘It’s important to note that the dominant personal platforms such as Alipay and Tenpay will be impacted the most as the common uses cases require the customer to open a payment account in order to transact,’ he said.”
- 2016/01/12