Xinhua News Agency, Beijing, September 24 (Reporter Wu Yu) Fan Yifei, deputy governor of the People’s Bank of China, said on the 24th that my country’s payment industry has continued to improve its digitalization level, digital regulatory transformation has begun to take effect, and digital standards and regulations have achieved fruitful results. The improvement of the national governance system has played a positive role in promoting.
“Currently, the digital RMB has achieved phased results and is undergoing internal closed testing.” Fan Yifei said at the 9th China Payment and Settlement Forum held here. Under the guidance of top-level design and the promotion of all parties in the industry, the digitalization of payment services has blossomed. Significant progress has been made in digital currency, digital bank account opening, digital bills, digital bank cards, and digital outlets.
Currently, the digital development of the payment industry is facing a new situation and new requirements have also been put forward.
In Fan Yifei’s view, the payment industry must accelerate the transformation of development concepts, improve the support of the new development pattern, optimize digital collaborative governance, enhance digital development capabilities, improve digital security levels, and use digital transformation to promote the payment industry to achieve higher quality, fairer, and more reliable Continuous and safer development.
Fan Yifei said that the next step is to strengthen macro-prudential management, establish a special statistical system for commercial banks' Internet joint loans, incorporate this type of business into the macro-prudential assessment of commercial banks, and include eligible Internet companies under the supervision of financial holding companies.
At the same time, it is necessary to strengthen functional supervision, prevent excessive personal debt, strengthen special business management for specific groups such as students, and regulate the flow of funds and information on Internet loans.
In addition, it is necessary to protect the legitimate rights and interests of consumers, standardize the business activation process, and protect consumer information security.