AFCA has received more than 3,300 complaints against BNPL providers since 2018. ASIC supports regulating BNPL under the National Credit Act.
February 17, 2023The case is one of the rare cases worldwide where cryptocurrency is alleged to have financed terrorism, said Manhattan District Attorney Alvin Bragg.
February 7, 2023Project Pratima aims to introduce a uniform set of icons for basic payment actions and processes, curb fraud, and boost digital payments adoption.
December 9, 2022Phishing scams involving the impersonation of bank employees have increased from 149 cases in 2020 to 1,021 cases last year.
May 24, 2022European Commission has not shown cause for anti-trust allegations as consumers strongly support Apple payment technology, writes Peter Guy.
May 5, 2022Paxos will gain a DPT licence under the Payment Services Act. Sygnum will provide fund unit tokenisation and securitise NFTs and metaverse assets.
March 11, 2022PayPal was scheduled to suspend most services for Thai consumers from 7 March as part of a relaunch of its services to comply with local regulations.
March 8, 2022PayPal has to relaunch services in Thailand to comply with new tax reporting rules and local AML regulations.
February 17, 2022The European Payments Initiative, launched last July, could have a new pan-European payments network in place by 2025.
March 2, 2021PayPal is the first foreign firm to own a 100% stake in a payment platform in China, having obtained a licence to operate in the country a year ago.
January 14, 2021