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The Australian Competition and Consumer Commission (ACCC) is set to organise ‘Internet sweeps’ to identify companies that make false environmental and sustainability claims, also called greenwashing.
green finance, ecommerce, ecommerce platform, online shopping, online platform, regulation, regulatory sandbox
The Australian Competition and Consumer Commission (ACCC) has announced it does not oppose Woolworths’ proposed acquisition of MyDeal, following an extensive review to prevent monopole in the industry.
acquisition, expansion, online shopping, shopping, ecommerce, ecommerce platform, COVID-19
The Australian Competition and Consumer Commission (ACCC) has rolled out a free tool to help organisations prepare for Australia’s Consumer Data Right legislation, according to CMO.
CDR, Open Banking, regulatory sandbox
The Australian Competition and Consumer Commission’s has published its 'Targeting Scams' report, stating a 77% increase in payment redirection scams compared to 2020.
scam, report, fraud prevention, cybercrime, ransomware
The Australian Competition and Consumer Commission (ACCC) has released its annual Targeting Scams report, highlighting that Australian consumers and businesses lost over AUD 2 billion to scams and fraud.
scam, fraud management, fraud detection, online fraud, identity fraud, COVID-19, payment fraud, report
The Australian Competition and Consumer Commission (ACCC) has issued an infringement notice to the Bank of Queensland (BOQ) – believed to be around USD 132,000 – for allegedly failing to meet its Open Banking compliance obligations, according to Mortgage Business.
Open Banking, regulation
The Australian Competition and Consumer Commission (ACCC) has announced it started legal proceedings against Mastercard Asia Pacific and Mastercard Australia for alleged anti-competitive conduct.
regulation, credit card, debit card, card scheme, payment processing, scheme fee, transactions , transaction monitoring, online payments
Global grocery superstore chain Aldi admits it charges a 0.5% fee for all credit card purchases, also known as a swipe tax.
regulation, chargebacks, online payments, credit card, debit card, Tap-to-Pay, payment processor
The Australian Competition and Consumer Commission (ACCC) has flagged concerns over how online retail marketplaces operate and impact users.
regulation, compliance, ecommerce, retail, marketplace