Payments & Settlements

PEPs & Sanctions

US Panel Urges Sanctions Scrutiny for Hong Kong

By Sanday Chongo Kabange | 24/11/2025

A congressional advisory body has recommended secondary sanctions on Hong Kong financial institutions, alleging the city is a hub for sanctions evasion.

Cybersecurity

FSC Korea Pledges to Overhaul Regulatory Framework for Payment Gateways

By Mark Johnston | 24/11/2025

FSC chairman warned of strict penalties for negligence regarding consumer data after a hacking incident at Lotte Card compromised millions of customers' personal data.

Data Privacy

Policymakers Face 'Trilemma' in Big Tech Credit and Payments: BIS Paper

By Manesh Samtani | 24/11/2025

New paper highlights unavoidable trade-offs between expanding credit access, limiting bigtech profits, and protecting user privacy.

Fraud, Scams & Cybercrime

BIS Paper Says Payment Pre-validation is Key to Reducing Fraud

By Nithya Subramanian | 24/11/2025

A BIS paper warns that global adoption of payment pre-validation remains slow despite its strong potential to cut errors and curb fraud in international transactions.

Payments & Settlements

Indonesia Eyes QR Payments Link with China, Korea by 2026

By Mark Johnston | 24/11/2025

Bank Indonesia expects to conclude negotiations next year to expand its QRIS payment standard to East Asia and India.

Structural Regulation

Australia Moving Ahead with Reforms to Insolvency Framework, Official Confirms

By Manesh Samtani | 23/11/2025

The government is proceeding with changes to bankruptcy rules and targeting system misuse to support business renewal and responsible risk-taking.

Payments & Settlements

India’s NPCI Tightens Scrutiny of UPI Third-party Apps

By Nithya Subramanian | 23/11/2025

The UPI operator is raising compliance requirements for third-party apps amid concerns over governance lapses and rising regulatory scrutiny.

Payments & Settlements

RBI Extends Deadline for Realising Export Proceeds to 15 Months

By Nithya Subramanian | 23/11/2025

The RBI has eased export compliance rules by extending the period for realising export proceeds to 15 months and widening related time-limit extensions to three years.

Payments & Settlements

Australia Releases Findings from Payments Infrastructure Consultation

By Manesh Samtani | 21/11/2025

The consultation revealed calls for enforceable standards, clear fraud liability, and stronger governance before legacy payment systems are retired.