Asic news and trends

Australian Banks Refund $19 Million to Low-Income Customers
Bank Regulation // July 15, 2024

Banks in Australia are issuing $19 million in refunds to low-income customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Court Ruling: PayPal Australia Unfair to Small Merchants
Legal // July 05, 2024

Australia’s federal court has ruled that a term in PayPal’s contract for local small businesses is unfair. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

ASIC: Block Earner Ran Unlicensed Crypto Investments
Cryptocurrency // November 23, 2022

The Australian Securities and Investments Commission (ASIC) has sued the FinTech company Block Earner for allegedly offering cryptocurrency investments without a license. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Bitcoin Daily: Australia Sees Rise In Crypto-Asset Scams; Sweden’s Central Bank Eyes Options For Digital...
Bitcoin // June 24, 2020

The Australian Securities & Investment Commission (ASIC) has reported an increase in the volume of investment scam reports by investors and consumers in Australia amid the pandemic, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...

Quick Reads
HSBC Australia Sued for ‘Widespread’ Anti-Fraud Failings

December 16, 2024
Banking giant HSBC is facing a lawsuit in Australia over alleged fraud-prevention failures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]

Australian Banks Refund $19 Million to Low-Income Customers

July 15, 2024
Banks in Australia are issuing $19 million in refunds to low-income customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Court Ruling: PayPal Australia Unfair to Small Merchants

July 05, 2024
Australia’s federal court has ruled that a term in PayPal’s contract for local small businesses is unfair. Get the Full Story Complete the form to unlock this article and enjoy...

ASIC: Block Earner Ran Unlicensed Crypto Investments

November 23, 2022
The Australian Securities and Investments Commission (ASIC) has sued the FinTech company Block Earner for allegedly offering cryptocurrency investments without a license. Get the Full Story Complete the form to...