This is the second tranche of changes to the CCCFA regulations, which have been criticised for making it too difficult for borrowers to obtain loans.
August 9, 2022New rules from the CBIRC and PBOC strengthen the obligations of banks in their card issuance, marketing, and fraud monitoring activities.
July 9, 2022The vision document outlines plans to introduce a framework for regulating all "significant intermediaries" in the payments ecosystem, as well as regulations for bigtech, fintechs and BNPL.
June 24, 2022Allowing credit cards to link with the UPI will provide consumers more payment options and greater convenience, the RBI said.
June 14, 2022One lawmaker said the rules should be changed to make banks bear some responsibility for protecting customers from fraud while using their services.
June 14, 2022Increased regulatory scrutiny of CFDs highlights the need for a renewed focus on financial literacy and investor education, says Emma Parry.
June 14, 2022ANZ charged fees and interest to customers who withdrew funds that were shown as available on their credit card account balances.
May 31, 2022Phishing scams involving the impersonation of bank employees have increased from 149 cases in 2020 to 1,021 cases last year.
May 24, 2022The shooting came days after an order requiring all foreign currency held in bank accounts to be converted to kyats. New limits are also being imposed on international cards issued by domestic banks.
April 11, 2022The designation of non-bank datasets under the CDR will support creditworthiness assessments and compliance with responsible lending obligations.
March 21, 2022