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Australian government revises Consumer Data Right framework

News | Digital Identity, Security & Online Fraud | 13 Aug 2024

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

Australia government allocates funds for anti-money laundering reforms

News | Digital Identity, Security & Online Fraud | 17 May 2024

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

Australia wants to regulate BNPL products as credit

News | Payments General | 14 Mar 2024

The Albanese government has opened a consultation on draft legislation that would categorise BNPL products as credit in Australia.

BNPL, regulation, financial services, compliance

Australian BNPL regulations delayed until 2024

News | Payments General | 01 Dec 2023

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

Australia to broaden legislation for digital payment services

News | Mobile Payments | 30 Nov 2023

The government of Australia has revealed its intention to modify the country’s legislation regarding digital payment services.

regulation, compliance, digital payments, mobile payments