The FTC says Mastercard used its control over its “tokenisation” process to block the use of competing payment card networks.
January 4, 2023The RBI carried out a review of payment system charges, which consumers complain are “high and non-transparent”.
August 19, 2022The ACCC says Mastercard offered cheaper rates to over 20 major retail businesses if they used its own network to process transactions.
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, 2022ASIC proposes to add flexibility to the code to allow it to tailor data requests based on priorities and issues of concern.
May 26, 2021Consumers will be able to top-up their e-wallets directly through their bank accounts, rather than using a debit or credit card. Fund transfers between e-wallets will also be made possible.
December 1, 2020The big four banks have opened up their deposit, transaction account, credit and debit card data for customers to share with other major banks or accredited fintech providers.
July 2, 2020