China Banking and Insurance Regulatory Commission: Popularize financial knowledge for young consumers. Banking and insurance institutions may not force the elderly to use bank cards.

  CCTV News:Yesterday (August 27th), at the media briefing of "Financial Knowledge Popularization Month" in 2021, China Banking and Insurance Regulatory Commission focused on the popularization of financial knowledge such as reasonable borrowing and rational consumption for young consumers such as teenagers and school students. At the same time, focus on popularizing the concept of rational investment for the elderly, improve their anti-fraud awareness and self-protection ability, and require that banking and insurance institutions should not force the elderly to use bank cards, and should not force and violate regulations to handle business through self-service smart devices instead of the elderly.