Found 32 results in 1 second.
The Reserve Bank of Australia has conducted a survey that reveals a sharp increase in Buy Now, Pay Later use among young adults.
BNPL, online payments, report, survey, banks
Australia-based @Pay has entered a collaboration with Pismo to support its operations in the region by leveraging the latter’s cloud-native API-based platform.
partnership, BNPL, online platform, debit card, prepaid card, credit card
National Australia Bank (NAB) has received a USD 1.4 million fine from the Australian Federal Court for wrongfully charging fees.
banking, banks, regulation, payments , financial institutions
UK-based payments platform Paysafe and Austalia-based foreign exchange provider IC Markets have extended their payment offering in LATAM.
partnership, expansion, digitalisation, online payments, credit card, debit card, FX , local payment method
Australia has planned to regulate Buy Now, Pay Later (BNPL) services as a consumer credit product, requiring providers to perform background checks prior to lending.
regulation, BNPL, credit, lending, financial services, instalment payments, payment methods, financial data, credit scoring, payments , fintech, financial inclusion, ecommerce, online shopping, transactions , interest rate
US-based globally integrated payments company American Express has announced the agreement to acquire Nipendo, to streamline B2B payments processes.
acquisition, B2B payments, ecommerce, online payments
The Australian Securities and Investments Commission (ASIC) has sued American Express alleging credit cards were issued and distributed to customers without ensuring they are understood.
payments , credit card, Issuer, regulation, payment institution, financial sanctions, financial institutions
The Paypers has put together the latest and most relevant news on the FTX crash and its impact on the crypto world as a whole.
cryptocurrency, digital assets, regulation, crypto asset
Australia's Securities and Investments Commission (ASIC), the country’s financial regulator, has pledged to put crypto assets and decentralized finance (DeFi) in its sights over the next four years.
regulation, cryptocurrency, blockchain, DeFi, digital assets, crypto asset
Netherlands-based payments company Recharge.com has announced its expansion into Australia amid regulatory changes in the BNPL and gift card sectors.
BNPL, gift card , ecommerce, fintech, prepaid card
The Australian Securities and Investments Commission (ASIC) has denied Australian banks the changes requested to the ePayments code due to further question on biometric technology.
regulation, regulatory sandbox, online payments, online authentication, biometrics, biometric authentication, mobile banking
Commonwealth Bank of Australia has pleaded guilty to 30 criminal charges for mis-selling consumer credit insurance between 2011 and 2015.
retail banking, fraud management, AML, regulation
Australia, challenger bank, banks, DayTek Capital, banking, banking licence, neobank, Australian Financial Services Licence, AFSL, Australian Securities, Investments Commission, Infinity, cards, fintech, Restricted Authorised Deposit Taking Institution Licence, RADI, Australian Financial Compensation Scheme, Australian Federal, Qeensland State
UK-based challenger bank Revolut has received the approval from Australian Securities and Investments Commission (ASIC) to operate in Australia.
fintech, Revolut, AFSL, Australia, ASIC, Australian Securities and Investments Commission, UK, The Australian Financial Service License, Europe, credit cards, remittances, Bitcoin, BTC, Ethereum, ETH, Bitcoin Cash, BCH, Litecoin, LTC, cryptocurrencies
iSignthis has invested USD 4.2 million in NSX Limited to enable NSX become ‘Australia’s first true digital and digitised asset exchange’, according to the official press release.
iSignthis, NSX, investment, Stock Exchange, Australia, digital assets, IPO, platform
The Australian Securities and Investments Commission (ASIC) will file civil penalty proceedings against ANZ seeking to fine the bank for wrongfully charging customers fees on 1.3 million occasions.
Australian Securities and Investments Commission, ASIC, ANZ, penalty, bank, Australia
The securities regulatory authorities in Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Québec and Saskatchewan have announced an agreement with the UK`s FCA.
regulators, agreement, Financial Conduct Authority, innovation, finance
The Global Financial Innovation Network (GFIN) has been formally launched by an international group of financial regulators and related organisations.
Global Financial Innovation Network, FCA, regulation, innovation, sandbox
Xinja, an Australia-based neobank, has announced the launch of its prepaid travel and spending card and app.
neobank, Australia, Xinja, prepaid card, neobank, Australian Credit Licence, ATM
Xinja has announced that it has been granted an Australian Credit Licence (ACL) from the Australian Securities and Investments Commission (ASIC).
neobank, Xinja, Australia, credit licence, Australian Securities and Investments Commission