All posts tagged "American Express"
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431ChinaChina’s Opening Up to Foreign Third Party Online Payment Firms
Stricter regulations are intended to limit abuses, improve government oversight and allow the entry of foreign enterprises for the first time. But, a more comprehensive framework is needed to manage systemic risk posed by the sector’s rise.
August 6, 2018 -
239IndiaIndia Proposes to Relax Payments Data Onshoring Rules
New proposal would allow international payments firms to store data offshore while only maintaining a copy in India, following lobbying effort by MasterCard, Visa and American Express.
July 16, 2018 -
250Australia & NZAustralia Proposes Credit Card Lending Restrictions
ASIC has proposed that lenders ensure that new card consumers, or those applying to increase their credit card limit, can repay their credit card debt within three years. The proposal comes after an ASIC review found that 18.5% of Australians...
July 5, 2018 -
478ChinaAmerican Express Set to Enter China Market
Amex application to operate in China through a joint venture with domestic mobile-payment provider Lianlian has reportedly been accepted by PBOC.
April 30, 2018 -
340FeatureIndia Directs Payment Firms to Store User Data Onshore
Payment service providers have been asked to move all consumer data, including end-to-end transaction details to India within six months to ensure easier access by the central bank for supervisory purposes. Foreign firms to be impacted more than domestic firms.
April 9, 2018
