On October 24, 2018, the People’s Bank of China published the “Financial inclusion service point in rural areas — Technical specification of payment service point”, which outlines the main elements and standards applicable to payment service points in rural areas of the country. The aim of the initiative is to encourage financial inclusion in more remote areas of the country.
VIXIO PaymentCompliance is a comprehensive regulatory analysis and monitoring solution. We help compliance teams track and monitor regulatory changes, helping them prepare for new requirements and identify where action needs to be taken to ensure compliance.
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Insights & Regulatory Analysis
Our in-house team of experts bring you the latest insights affecting the payments industry. Combining our unrivalled knowledge and deep understanding of the sector, we provide critical and timely intelligence that helps you make sense of what’s happened and what it means for your organisation.
Trackers & Guides
Our event trackers & practical guides help you stay fully informed about a specific development affecting the regulation of payment services. Understand all the details of a complex chain of events to create a fully appraised strategy, and use our expert research and practical content to better inform your decision making.
Horizon Scanning & Requirements
Comprehensively monitor hundreds of regulatory bodies across multiple jurisdictions and languages. With customised alerts and a feed of every event indicative of change, you’ll never miss a new obligation or opportunity. Once an event becomes law, continue to have support during the on-going review of licensing obligations, so you know what action needs to be taken when procuring or expanding licences.