Chen Tian Universe, payment architect specializing in domestic payments, global cross‑border clearing, core banking, and digital payment scenarios. Notable works: “Ten‑Thousand‑Word: Fundamentals of International Payment Clearing”, “35,000‑Word: Core Payment Systems”, “19,000‑Word: Payment Clearing Ecosystem”, “88 Diagrams: Connecting Payment Clearing”, etc.
This article explores the fundamentals of futures account systems, covering basic account structures, the account map, key account types, master‑sub account relationships, system architecture, and multi‑layered risk control, providing a comprehensive guide for professionals and students in the financial domain.
This article provides a comprehensive, top‑down view of modern bank core systems, covering their evolution, overall architecture, key modules such as customer information, accounts, deposits, loans, payments, settlement, card management, general ledger, and batch processing, with illustrative diagrams and real‑world examples.
This comprehensive guide explains transaction module fundamentals, design patterns, transaction types and modes, data‑metric systems, cash‑register architecture, monitoring indicators, and two‑clearing solutions for modern payment platforms, offering actionable insights for developers and product teams.
The article explains China’s newly released “AI+” policy, outlines its three-stage timeline through 2027, 2030 and 2035, compares it with the earlier “Internet+” initiative, and discusses how AI will reshape industries, daily life, jobs and opportunities for individuals.
This article explains the comprehensive design of a payment channel cost billing system, covering business scenarios, various billing models, protocol and rule management, the end‑to‑end calculation process, product architecture, and step‑by‑step guidance for adding new billing scenarios.
Payment security encompasses protecting sensitive data, preventing transaction tampering, fraud, and service attacks; this comprehensive guide details the main threats, core safeguards such as encrypted storage and transmission, digital signatures, PCI compliance, key management, and practical encryption algorithms like AES and RSA for robust, real‑world implementations.
This article provides a comprehensive overview of cross‑border payment systems, covering key concepts such as VA, OSA, FTN, and NRA accounts, foreign‑exchange controls, SWIFT, CIPS, CHIPS, the architectural differences from domestic payments, business and product structures, and a detailed end‑to‑end transaction case study.
This article provides a comprehensive, easy‑to‑understand overview of futures contract concepts, trading systems, clearing and settlement processes, margin rules, participant roles, accounting treatment, and data considerations across China’s six major futures exchanges, illustrated with clear diagrams and examples.
This article explains how to design, implement, and operate a payment channel management system, covering scenarios from single to multiple channels, detailed payment flow analysis, overall architecture, channel information management, routing logic, result‑code mapping, and refund‑overdue handling.
This comprehensive guide explains what payment channels are, how they are classified, their structural relationships, criteria for selecting the right channel, step‑by‑step integration processes, system design for channel management, and practical tips for handling card BIN, signing records, and exception handling.
