US payment giant Visa has reportedly approached the US government over India’s ‘formal and informal’ support for domestic payment rival RuPay. The payment giant said that the Indian government’s promotion…
India is reportedly set to propose a new bill that seeks to prohibit most private…
The Governing Council of the European Central Bank (ECB) has given the nod to a new oversight framework for electronic…
American Express (AmEx) has discontinued its Premium Wire service, which allows businesses to send wire payments globally, after identifying the…
Airwallex has secured a payment institution licence in Singapore from the Monetary Authority of Singapore (MAS) under the Payment Services…
Singapore-based cross-border payments firm Thunes has secured a payment institution licence in France to carry out merchant acquisition services. The…
Technology giant Apple has reportedly expressed its objection to enabling developers to link to the third party payment option on the app store for iPhone and iPad users. The development…
The US Department of Justice (DOJ) is reportedly looking into Visa’s partnerships with large fintech firms including Square, Stripe, and PayPal as part of an ongoing antitrust probe. The financial…
The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have teamed up to drive cross-border fund transfers via mobile numbers. As part of this, the regulators will implement…
The central bank of China has declared that all crypto transactions and services are illegal, widening its ban on virtual currencies. Authorities in the country will avert and handle the…
AusPayNet – the payments industry self-regulatory body – is happy. Local payments industry doyen Grant Halverson is dismayed. Those were the first and most notable comments resulting from the report…
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