All posts tagged "PayPal"
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306EuropeEuropean Banks Push Ahead with Payments Network Plans
The European Payments Initiative, launched last July, could have a new pan-European payments network in place by 2025.
March 2, 2021 -
291ChinaPayPal Acquires Full Control of China Payments Business
PayPal 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 -
1.5KAustralia & NZAPRA Grants TransferWise Licence to Directly Access NPP
Access to Australia's real-time payments system will enable TransferWise to reduce foreign exchange fees and wholesale banking costs.
December 1, 2020 -
1.6KAustralia & NZDDoS Attacks Force Fourth Day of Market Closure at NZX
The hacker group said to be responsible has reportedly also carried out attacks against MoneyGram, YesBank India, Worldpay, PayPal, Braintree and Venmo this week.
August 28, 2020 -
1.1KFintech / RegtechTemasek Joins Libra Association as First Asia Pacific Backer
Temasek's participation in the Libra Association will allow it to contribute toward a regulated global network for cost effective retail payments.
May 17, 2020 -
916China
PayPal Obtains Online Payments Licence in China
PayPal's acquisition of a majority stake in Gopay gives it access to licences that allow it to offer online, mobile and cross-border renminbi payments.
December 24, 2019 -
3.7KAML / KYCAustralia Has an IFTI Problem
Australia’s approach to international payments needs to change, and reporting entities need to update their legacy systems for better reporting, say Eric Knight and Nick Armstrong.
November 8, 2019 -
599China
First Foreign Firm Approved to Enter China Payments Market
The PBOC has approved PayPal’s acquisition of a majority stake in domestic payments firm Gopay, giving it access to various domestic payments licences.
October 1, 2019 -
789AML / KYC
AUSTRAC Orders AML/CTF Audit at PayPal Australia
AUSTRAC’s order follows a self-reported issue PayPal detected in its reporting system for international fund transfer instructions, which it said it was working to remediate.
September 24, 2019 -
2.1KChinaChina to Respond to Libra with Government Backed CBDC
The PBOC is organising market-oriented institutions to jointly research and develop a central bank digital currency, in a programme that has already been approved by the State Council.
July 11, 2019
