Australia

Payments Network Eftpos Gets OK From Australia for Digital ID Verification
Payments Network Eftpos Gets OK From Australia for Digital ID Verification
September 27, 2021  |  Digital Identity

Eftpos has become the first private sector digital identity exchange to be accredited by Australia’s government under the Trusted Digital Identity Framework (TDIF), which will...

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UK FinTech Wise Aims to Lower Money Transfer Fees in Australia
UK FinTech Wise Aims to Lower Money Transfer Fees in Australia
September 26, 2021  |  Cross-border Payments

Wise, a digital money transfer platform, is joining Australia’s New Payments Platform (NPP) in a move designed to let transfers be settled in the country...

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Afterpay Informs Australian Senate Stablecoin Could Clip Merchant Fees
Afterpay Informs Australian Senate Stablecoin Could Clip Merchant Fees
September 08, 2021  |  Cross-border Payments

In response to a government inquiry, Australian buy now pay later (BNPL) firm Afterpay told the Australian Senate that the use of cryptocurrency could shave...

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Australia Mulls Regulations For Apple Pay, Google Pay, Other Big Tech Players
Australia Mulls Regulations For Apple Pay, Google Pay, Other Big Tech Players
August 30, 2021  |  Legal & Regulation

The Australian government is looking into the best way to overhaul its current infrastructure for financial regulation to enable stronger oversight of digital wallets and...

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China’s UnionPay Provides Tuition Refunds To International Students Studying In Australia
China’s UnionPay Provides Tuition Refunds To International Students Studying In Australia
August 27, 2021  |  Cross-border Payments

Leading global payment services provider UnionPay International (UPI) announced in a press release on Friday (Aug. 27) that it is lending support to international students...

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Australia’s Airwallex Launches Its Cross Border Services In US
Australia’s Airwallex Launches Its Cross Border Services In US
August 25, 2021  |  Global Payments

Melbourne, Australia-based FinTech Airwallex announced in a press release it will operate under newly-approved licenses in the United States — the first North American country...

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Bitcoin Daily: Australian Regulator Warns Investors Of Crypto Scams; MobileCoin To Expand Crypto Chatbot Payment System, Other Products
Bitcoin Daily: Australian Regulator Warns Investors Of Crypto Scams; MobileCoin To Expand Crypto Chatbot Payment...
August 18, 2021  |  Bitcoin

The Australian Securities and Investments Commission (ASIC) has issued a warning on the trading of cryptocurrencies, according to a press release. The organization said in...

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Citi Australia Launches BNPL Tool Spot
Citi Australia Launches BNPL Tool Spot
August 04, 2021  |  BNPL

Citi Australia is getting into the buy now, pay later (BNPL) market with its new product called Spot, which is being issued by company subsidiary...

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Big Tech Compliance Tracker: FTC Aims To Restore ‘Right To Repair’; Facebook, Telegram Face Russian Fines Over Content
Big Tech Compliance Tracker: FTC Aims To Restore ‘Right To Repair’; Facebook, Telegram Face Russian...
July 26, 2021  |  Legal & Regulation

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. UK Digital Markets Unit Gets More Power The U.K.’s antitrust...

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