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US-based payments provider Nium has announced its official registration as a Financial Services Provider in New Zealand.
regulation, financial services, payments , PSP
The Albanese government has opened a consultation on draft legislation that would categorise BNPL products as credit in Australia.
BNPL, regulation, financial services, compliance
Australia-based Avenue Bank has landed a full banking licence from Australian Prudential Regulation Authority (APRA).
SMEs, digitalisation, cash flow, banking license, banks
Diana Apakidze, Chief Growth Officer at Tinka, shares the company’s perspective on the importance of regulating the Buy Now, Pay Later sector.
payments , payment methods, ecommerce, BNPL, regulation, retail
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
The Australian Treasury has released a consultation paper that suggests cryptocurrency exchanges should apply for financial services licences.
cryptocurrency, digital assets, cryptocurrency exchange, regulation
The Australian branch of cryptocurrency exchange Binance has suspended PayID deposits for Australian dollar account holders.
cryptocurrency, cryptocurrency exchange, banks, transactions
Australia-based digital bank Alex Bank has launched its Fixed Term Deposits in partnership with the global open platform for composable banking Temenos.
partnership, product launch, online banking, digital banking, mobile banking, financial services, financial institutions
The Australian Prudential Regulation Authority (APRA) has granted Alex, a digital challenger bank, its full banking licence.
banks, banking license, fintech, neobanks, challenger bank
Serena Sebastiani from PwC Middle East shares insights into the Open Banking state of affairs in the Gulf Cooperation Council (GCC) region.
Open Banking, Open Finance, Open Data Economy, regulation
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
BioCatch has partnered up with Indue, end-to-end payment solution provider in Australia and New Zealand, to help protect Indue’s customers from fraud.
partnership, fraud prevention, fraud detection, artificial intelligence, behavioural biometrics
Australian fintech Airwallex has recently closed its Series E extension with USD 100 million final investment, all at the same USD 5.5 billion valuation.
funding, online payments, expansion, spend management
The Paypers presents the latest development in debit and credit cards from levelling card fees to the stint in crypto payments.
payment methods, debit card, credit card, cryptocurrency, payments ecosystem, regulation, bigtech
Asia-Pacific is expected to become the new engine of regtech growth and innovation over the next years.
digital identity, fraud prevention, KYC, AML, identity verification, biometric authentication, compliance
UK-based Barclays has received approval from Australia's prudential regulator to operate as a foreign bank in the country.
banking license, Barclays, bank account, online banking
Crypto.com has introduced its Visa Card in Australia, a crypto-linked card, available in more than 30 countries.
fintech, cryptocurrency, product launch, Visa
TrueLayer has announced the launch in Australia of its global Open Banking Platform.
TrueLayer, product launch, Open Banking, API, digital banking
Australia-based neobank Xinja has announced that it is working closely with Dubai-based World Investment Group (WIG) to finalise the AUD 433 million funding deal announced in March 2020.
Xinja, World Investment Group, online banking, fintech, neobank, Australian Prudential Regulation Authority, investment, Australia
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