Author(s)

Yanwei Wang^*, Yangchao Ou

School of Economics and Management, Southwest Jiaotong University, Chengdu, China.

In recent years, with the continuous advance of payment equipment and technologies like China’s internet Finance, Big Data and Mobile Network, the anonymity, rapidity and cross-border transaction of mobile payment business have also brought many money laundering risks. Therefore, it is necessary to strengthen cooperation with the supervision organization of international payment and anti-money laundering business, and meanwhile to constantly improve the supervision mechanism of China’s payment and anti-money laundering business.

China, Mobile Payment Clearing, Anti-Money Laundering

Wang, Y. and Ou, Y. (2015) Anti-Money Laundering Regulation of China’s Mobile Payment and Settlement Industry. Open Journal of Social Sciences, 3, 276-281. doi: 10.4236/jss.2015.311033.