China's financial IC card has entered the new era of rapid development

According to the work, agriculture, middle and construction of four lines of data calculation, the current four major lines of the total issue of financial IC card about 256 million, accounting for about 75% of the total.

A number of bankers said that at present, all departments combined with the technical standards of the industry to carry out the corresponding financial IC card construction, duplication of construction is more serious, the industry technical standard management needs to be strengthened.

It is reported that the financial IC card has become the inevitable trend of the development of China's bank card industry. In recent years, the central bank vigorously promote the bank card "core" project, the bank card media from the magnetic stripe to the chip transition pace is accelerating, but this year's speed is significantly accelerated. Data show that as of the end of 2012, the national financial IC Card issuance volume of 126 million, and as of the end of August this year, has reached 340 million.

At yesterday's meeting, ICBC, CCB and ABC all disclosed the number of financial IC cards issued.

ICBC deputy Governor Zhang said that the current ICBC has issued 54.81 million chip cards, including 21.38 million chip credit card, chip debit card 33.43 million.

Although the bank issued a financial IC card later than ICBC, but the current size of the issue has surpassed ICBC, leaped into the top four lines. Agricultural Bank Vice President Cai said that the first half of this year, the cumulative issuance of financial IC card 68.16 million, up to now more than 80 million.

CCB Personal deposit and Investment department general manager Kangyi said that the construction bank to promote the financial IC card work has achieved significant results, the current transformation system and 800,000 processing equipment, the cumulative issue of 76.2 million cards.

BOC Financial Market Headquarters President Li yesterday did not disclose the number of bank issued, but reporters from the bank learned that as of the end of August, the bank issued a cumulative financial IC card about 45 million.

"From the perspective of the development of industrial chain, China's financial IC card selection system has been basically established." "Ding Wenwu, director of the Department of Electronic Information, said.

A number of bankers believe that the financial IC card involves many areas, departments in accordance with the technical standards of the industry, carry out and plan to carry out the corresponding financial IC card construction, resulting in a more serious duplication, and to the national network general caused adverse effects, and suggested that people's bank to do a good job in the overall

"Industry cooperation model is still to be further improved, the current industry cooperation in all the participants want to occupy the dominant position of the industry chain, resulting in greater difficulty in cooperation, the Department's competent agencies to the Financial IC card cooperation to put forward higher requirements, resulting in a sharp increase in the cost of commercial banks, suggested that cooperation should Cooperate in a more reasonable manner. "Kangyi said.