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Australia's central bank has decided to urge commercial banks to meet deadlines on new payments systems that will better allow customers to set up direct debits and to transfer money internationally, Reuters states.
central bank, regulation, real-time payments, banks, online payments
Australia has drafted a new roadmap to bring financial technology regulation into the modern age, allowing for more flexibility in the fintech and payments area.
regulation, fintech, central bank, cryptocurrency
product launch, cashback, online shopping, mobile payments, loyalty programme
funding, risk management, online authentication, biometrics
US-based BitPay has announced that mobile payments app Slide, created by PayPal backed Raise Marketplace, is adding cryptocurrency as a payment option using BitPay.
BitPay, Slide, partnership, product launch, crypto, payment solution, PayPal, BitPay, cash back, Bitcoin, XRP, ether
raise, US, gift card , marketplace, launch, mobile payments, online payments, contactless checkout, Slide, retailers, Lowe’s, Ulta Beauty, Chipotle, PayPal, Accel Partners, Bessemer Venture Partners, New Enterprise Associates, credit cards, payment methods, Apple Pay, Google Pay, barcode, cashback, Venmo
RBA, Reserve Bank of Australia, interest rates, repurchasing, corporate bonds, collateral, credit ratings, repurchasing agreements, Australia, central bank
SheerID, an identity market provider, has closed a USD 64 million equity round led by CVC Growth Partners (CVC Growth).
identity provider, data, B2C, ecommerce, personalisation, funding, CVC Growth Partners, Identity Marketing Platform
The Sydney branch of financial institution Bank of China has set to win regulatory approval to begin clearing trades in CNY.
Bank of China, CNY, clearing, Australia, payments general