The guide introduces and provides instructions on a variety of payment methods available to foreigners in China.
March 15, 2024Proposed legislation will allow banks to pause payments for up to 72 hours while they contact customers and relevant third parties like the police.
March 14, 2024The new regulatory grid system will enable ASIC, APRA, the ACCC, the RBA and the ATO to better coordinate financial sector regulation.
March 12, 2024The State Council released new guidelines. Alipay and WeChat Pay teamed up with NetsUnion Clearing Corp to optimise the use of foreign bank cards in China.
March 11, 2024Designated clearing and settlement utilities are required to establish an incident management framework and advance their cyber resilience capabilities.
March 10, 2024The RBNZ said its final ESAS access policy will balance its initial risk-based approach against the innovation and competition benefits the access will bring.
March 8, 2024The move aimed at increasing the role of the BRICS in the international monetary system and reducing reliance on US dollars.
March 6, 2024New BIS article outlines the main design features of fast payment systems that may foster adoption, such as allowing non-bank participation.
March 6, 2024BNM and NBC agreed to encourage the use of local currency settlement and to link their payment systems to enable cross-border QR payments.
March 5, 2024Bharat BillPay Limited will set up a platform that will enable payment aggregators to accept transactions from any bank without having to onboard each one separately.
March 5, 2024