Discover all the Company news on Australian Government and other articles related to Australian Government in The Paypers News, Reports, and insights on the payments and fintech industry:
Discover all the Company news on Australian Government and other articles related to Australian Government in The Paypers News,
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The ABA has urged the Parliament to modernise Australia’s payment system regulation and make sure its regulatory framework remains secure.
compliance, payments , digital wallet, ecommerce
The Australian Government has announced modifications to the National Consumer Credit Protection Act 2009, now requiring BNPL providers to apply for credit licences.
regulation, BNPL, payments , financial services, payment methods
The Australian Government has initiated a significant revision of the Consumer Data Right programme, citing high implementation costs as a key barrier to its widespread adoption.
data protection, data privacy, digital identity, regulation
The Australian Government has revealed its plans to allocate AUD 166.4 million towards implementing reforms for the country’s AML/CTF regime.
fraud prevention, AML, funding, fraud management
The Albanese government has opened a consultation on draft legislation that would categorise BNPL products as credit in Australia.
BNPL, regulation, financial services, compliance
The Australian government has announced a delay on its BNPL laws until 2024, due to resourcing pressures on the federal government’s legislative drafting teams.
BNPL, payments , online payments, digital payments, mobile payments, ecommerce
The government of Australia has revealed its intention to modify the country’s legislation regarding digital payment services.
regulation, compliance, digital payments, mobile payments