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Tag: payments

Global banks to use blockchain for ‘instant’ crypto transfers

Swift-led consortium testing Ethereum to speed cross-border payments.
‘Not lawful’: Govt system cancelled 1,009 job seekers’ benefits

Department failed to update automated system to reflect new laws.
UK says no to hacker payouts

Proposes public sector ban on ransom payments.
Mobile wallets should be regulated like money: ABA

Proposed laws would tighten tech giants’ consumer protections.
App stores, mobile payments in firing line under new laws

Labor details EU-style competition rules for Big Tech.
Australia's first Cyber Security Act becomes law

Paying ransoms not banned, but will need to be reported.
Govt will force essential businesses to accept cash

Despite being labelled a 'lifeline', its use has declined significantly.
Businesses forced to report ransomware payments

New legislation introduced to Parliament this week.
Massive changes coming to Google Play store

US court orders tech giant to open app to rivals.
New law threatens fines for secret ransom payments

Companies will need to declare money paid to cyber criminals.
RBA to get more power over digital currency, wallets

Govt proposes laws to expand definition of a payments system.
Cyber insurers push back against ransom ban

Contradict government advice as 70pc of businesses hit.
Australia is APAC’s mobile payments backwater

Banks are protective of their territory.
US joins digital currency wave

Central bank weighs value and risks of digital dollar.
Facebook to launch digital wallet Novi

Social giant makes play for payments.
Why SMEs could soon lose ransomware insurance

Banning insurance payments could cripple industry.
Fintech giant breaches spam laws

Sent 150,000 messages without an unsubscribe option.
Paypal stings Australian SMEs with new fee

Payments giant accused of anticompetitive conduct.
Airwallex targets B2B with virtual Visa

Slashing the cost of international payments.
QR code scams rising sharply

Consumers easily tricked into paying scammers.

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