In conjunction with the launch of our Top 10 Trends in China's Financial Technology Industry Report, Kapronasia is pleased to be hosting a webinar covering a few of the key trends that are covered in the report.  This webinar has already happened. A recording of the webinar will be available for two weeks in the webinar section of the website and then available to Kapronasia clients afterwards.

On December 31st, New Year’s eve, the PBOC finally issued another 61 third-party payment licenses which probably were the best holiday gifts for the third-party payment companies who had been waiting for the new licenses.

On December 16th, the China Securities Regulatory Commission (CSRC), the People's Bank of China (PBOC) and the State Administration of Foreign Exchange (SAFE) together issued the rules for the RQFII (RMB Qualified Foreign Institutional Investor) program and officially launched the RQFII programs in Hong Kong to enable qualified Hong Kong subsidiaries of fund management companies and securities firms...

LAKE SUCCESS, N.Y., Dec. 13, 2011 – Broadridge Financial Solutions, Inc. (NYSE:BR) today announced the Asia Pacific launch of its PROactiveTM Fee & Commission Manager solution to help financial organizations including banks, brokers-dealers and investment management firms in the region that are seeking to reduce their trading costs. The solution helps firms better manage brokerage fee and commission...

The latest Kapronasia report Insights into Fee and Commission Management in Asia is now available on the Kapronasia website. The report, which was commissioned by Broadridge and published by Kapronasia, takes a detailed look at the challenges for Asian FIs, identifying areas where technology can help, and provides examples of how FIs measure the success of their technology investment. The report...

According to PBOC, in 2011 Q3, China’s payment system processed 3.9 billion transaction volumes amounting to 510 trillion RMB. HVPS volume keeps a rapid 35% growth rate year on year; BEPS volume especially online inter-bank clearing, has increased at phenomenal rate, mainly driven by faster growth in the area of online petty expense payments.   Payment System Transaction Volume Contribution...