PYMNTS

FEBRUARY 10, 2017

In the latest bit of Apple Pay expansion news, Macquarie Group and ING Direct have announced that they will start using Apple Pay in Australia this month. Apple Pay has had something of a bumpy lift off down under — only one major Australian bank, Australia and New Zealand Banking Group, has adopted the Apple Pay system.

Apple 100

Apple National Groups Marketing 100

TheGuardian

OCTOBER 5, 2021

Against the backdrop of national house prices rising at their fastest pace in more than 30 years and strong demand for mortgages, the banking regulator has told the nation’s lenders to increase the minimum interest rate buffer when assessing the serviceability of home loan applications.

Regulation 98

Regulation National 98

PYMNTS

SEPTEMBER 26, 2017

Australia has introduced tougher rules on banks that will go into effect as early as next month, including capping executives’ salaries, delaying their bonuses and driving them out of the industry if they are guilty of wrongdoing.

Regulation 100

Regulation ATM Fraud National 100

PYMNTS

OCTOBER 1, 2018

Business lending in Australia probably won’t face tougher loan regulation when it comes to small business loans. The banking and financial services Australia royal commission released its interim report late last week, covering consumer lending, financial planning, business lending, farm finance and Indigenous finance.

Lending 135

Lending Regulation National Report 135

PYMNTS

AUGUST 1, 2017

With home loan growth expected to slow to 4 percent in 2018, National Australia Bank (NAB) wants to build its business elsewhere, namely in SME lending. Finally, National Australia Bank is also looking to streamline SME customer on-boarding, allowing sole traders to open an online account in about 10 minutes.

National 100

National Lending Capital Regulation 100

PYMNTS

AUGUST 15, 2019

In news reported by MoneyControl.com, SWIFT, the payments messaging giant, is reportedly looking at testing instant international settlements with local networks in India to speed transactions and make them more transparent. In India, that test would come through trials conducted through the National Corporation of India.

Software 128

Software Regional Payments Report 128

PYMNTS

NOVEMBER 13, 2018

bank, is backing a U.S. HSBC Global Banking and Markets, Americas COO Matthew J. In other news, a consortium called VAKT Global is seeking to create a blockchain platform for the energy industry, Coindesk reported. HSBC , the U.K. startup in the blockchain field called Axoni , Cryptovest reported. The report claims that the U.S,

blockchain 169

blockchain Bitcoin Software Industry 169

PYMNTS

APRIL 3, 2020

The People’s Bank of China (PBOC) trimmed the amount of cash some banks must put aside as reserves as a way to encourage lending, as the world’s second-largest economy is set for the slowest growth since the 1970s. This has been the PBOC’s way to fix the lack of credit as businesses struggle to stay afloat during the COVID-19 crisis.

Lending 136

Lending National Report Groups 136

PYMNTS

AUGUST 5, 2019

Australia’s four biggest banks, along with large accounting firms, have joined forces to defend the use of independent audit firms as consultants. EY has been the bank’s independent auditor for 13 years. The country’s big four banks paid their auditors more than $110 million last year.

Policies 108

Policies United States Risk Management National 108

PYMNTS

FEBRUARY 12, 2018

ANZ, one of Australia’s largest banks, is set to doll out nearly $8 billion in refunds to small business customers using the FI’s commercial card products. News of the refunds comes as Australian regulators take a tougher stance on large banks, especially when it comes to small business services.

Cards 116

Cards Lending National Report 116

PYMNTS

SEPTEMBER 3, 2019

The European banking app Monese has formed a partnership with cross-border deposits marketplace Raisin, as reported on Tuesday (Sept. Germany, Austria, France, the Netherlands and Spain can reach the Raisin platform from the Monese Hub and choose from various financial products offered by over 80 partner banks.

Fintech 129

Fintech Apple National Mobile 129

PYMNTS

JANUARY 21, 2020

And now, for digital currencies, it’s a group effort — among central banks, that is. Up until now, the explorations and considerations of digital currencies — as would be, potentially, issued by central banking systems to bring fiat into digital form — has been done on a country-by-country basis. between banks) done through CBDC.

Groups 142

Groups cryptocurrency National Study 142

PYMNTS

NOVEMBER 8, 2019

Swiss bank Julius Baer appointed Goldman Sachs’ former Singapore CEO Jason Moo as private banking head for Southeast Asia and branch manager for Singapore, Julius Baer announced in a press release on Friday (Nov. Julius Baer is a Swiss multinational private bank founded headquartered in Zürich.

Survey 100

Survey Management Regional US 100

PYMNTS

MARCH 20, 2020

And, as the vertical encounters a rise in customer service demand because of COVID-19 fears, the consumer bank of Bank of America Corp. The bank has made known multiple relief measures for consumers as well as small businesses such as deferred credit card payments. In other news, U.K.

Phoenix 160

Phoenix Retail United States Report 160

PYMNTS

AUGUST 11, 2019

Bill S2297 explained that the task force will study potential uses for blockchain technology on the state and local level, with an emphasis on medical records, land records, banking, and property auctions as potential applications. In other news, IBM recently filed a new patent application for a blockchain-based web browser. “In

blockchain 137

blockchain Bitcoin NJ New Jersey 137

PYMNTS

OCTOBER 18, 2019

Executives from the Australia and New Zealand banking group are looking with interest at the prospect of real-time international payments. Getting to that point will require Australia to be able to handle the domestic leg of the instant payment journey, however. Around the Faster Payments Wor ld.

Trends 100

Trends Data Resources Payments 100

PYMNTS

FEBRUARY 21, 2018

The banking world is racing to get smarter via artificial intelligence (AI), but how can intelligence that’s artificial stack up to human expertise and the demands of human consumers? . Around the Digital Banking world. Can AI help consumers become smarter spenders? Several industry players seem to think so.

Digital Banking 163

Digital Banking Fintech Software Operations 163

PYMNTS

SEPTEMBER 11, 2019

The push toward digital banking seems an inexorable one, with the technology and demographics acting as tailwinds, and where governments have increasingly gotten into the act of promoting digital banks (the pure-play kind) and making forays into bits and bytes, where once paper and face-to-face transactions reigned.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

JULY 21, 2019

Senator Mike Rounds made an announcement at a Senate Banking Committee hearing regarding Facebook’s planned cryptocurrency on Tuesday (July 16), but it wasn’t related to Libra. The South Dakota Trust Charter allows companies to operate on a national level so you can serve clients from every state.

South Dakota 134

South Dakota Bitcoin cryptocurrency Ohio 134

PYMNTS

DECEMBER 11, 2020

In this week's news, we saw two blockbuster IPOs, arguments and stalemates over a new stimulus bill, and new data on consumers' digital shopping trends. Capital One Financial Corp is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “ risky ,” for both consumers and banks.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

FEBRUARY 7, 2018

The newswire reported that law enforcement officials had so far nabbed 13 defendants in Australia, the United Kingdom, Italy, France, Serbia and the United States. In similar news published by ZDNet.com , the group has been charged with nine counts ranging from conspiracy to racketeer to computer crimes.

Las Vegas 115

Las Vegas United States Fraud Cards 115

NCR

OCTOBER 6, 2017

Australia’s ‘big four’ banks – Commonwealth Bank, National Australia Bank, ANZ and Westpac – have provided some good news for the many consumers in the country who rely on ATMs to access cash and manage their money. Image credit: peterwilsonjones/iStock.

ATM 51

ATM Maine Cards Groups 51

PYMNTS

MARCH 3, 2020

New research reveals that B2B payments are is expected to account for the largest portion of faster payments volume in the U.S., while in Brazil , the central bank is eyeing business payments as a segment that can significantly benefit from the country’s new instant payment scheme that will debut later this year.

Innovation 130

Innovation Payments blockchain National 130

PYMNTS

OCTOBER 9, 2017

As Australia’s financial services industry faces continued pressure from the Australian Small Business and Family Enterprise Ombudsman to improve small business lending practices, National Australia Bank (NAB) said it is overhauling its existing SME and SMB loan contracts. The bank announced on Friday (Oct.

Lending 100

Lending Industry National Report 100

PYMNTS

AUGUST 21, 2017

According to a report in the Wall Street Journal citing the National Statistics Bureau, in Nigeria $4.6 The bribery scandals aren’t only happening in Nigeria, the Wall Street Journal points out in a report rounding up corruption news from around the globe. Russian and the U.S. also had reported cases this week. .

Study 100

Study Report National Company 100

PYMNTS

FEBRUARY 13, 2018

Three of Australia’s four largest banks have rolled out real-time payments capabilities as the government launches a widespread inquiry into the financial services sector. 13) local time said Commonwealth Bank, Westpac and National Australia Bank (NAB) have begun to offer their customers real-time payments services.

Payments 100

Payments Fraud Security Branding 100

PYMNTS

SEPTEMBER 17, 2018

Mobile means one can do just about anything by using their device: order food, bank online, read the news … even commit payments fraud, sometimes from the unlikeliest of places. In Australia, news came that police have charged a quartet of alleged fraudsters with running a business email compromise (BEC) scam.

Idaho 153

Idaho Missouri Cyber Security Fraud 153

PYMNTS

APRIL 10, 2018

In general, we think there is more room for harm to happen with small companies than good,” reflected National Small Business Association (NSBA) president and CEO Todd McCracken to the news outlet in response to President Donald Trump’s hike on aluminum and steel tariff increases.

Risk Management 123

Risk Management Analysis Survey Report 123

PYMNTS

APRIL 6, 2018

Recently in Australia, festival-goers bought drinks and food – digital-only – from approximately 50 bars and pop-ups at the country’s Adelaide Fringe Festival. To register with the app, customers must supply a phone number, national identity card number, email and name, and link bank accounts or cards as their payment method.

Trends 141

Trends System Resources Payments 141

PYMNTS

OCTOBER 28, 2019

In today’s payments news, cross-border payments firm Western Union is advancing real-time money transfers to customers in India. the European Union, Singapore, Hong Kong, Australia, India, Canada and Malaysia. The platform lets Western Union customers transfer money to banks in India using UPI ID.

Payments 101

Payments Guidelines Fintech Regional 101

PYMNTS

DECEMBER 5, 2016

The world is preparing to enter into a new year, and small businesses are getting their New Year’s resolutions lists in order. and Australia and finds a few spots that could be cause for concern. PYMNTS checks up on the health of the small business in the U.S., Luckily, analysts expect that, with the conclusion of the U.S.

Regulation 100

Regulation Report America Policies 100

PYMNTS

DECEMBER 3, 2018

In Australia, there has been movement by building subcontractors to stem the tide of late payments , as they are, according to the Brisbane Times , demanding legislation to help address the issue of getting paid in a timely manner. The news comes in the wake of a special unit formed to monitor retailers, known as the Buyer Power Department.

Payments 118

Payments Data Industry Policies 118

PYMNTS

APRIL 10, 2017

As always, those keeping up with the mainstream news cycle are likely feeling the normal Monday morning nervousness today — though perhaps given the rather militaristic flavor of the last few days, today’s butterflies are a bit more unsettling than normal. at the hands of the SEC, bitcoin world was looking for some good news.

Bitcoin 108

Bitcoin Data ATM New Jersey 108

PYMNTS

APRIL 20, 2016

Apple hasn’t exactly been shy about evangelizing its payment platform to anyone willing to listen, and a new Apple Pay expansion proves that it’ll cross geographic and language barriers to do it. ” If the Singapore expansion resembles other areas Apple Pay has moved into, more partnering banks will join over time.

Apple 100

Apple Samsung Mobile Cards 100

PYMNTS

JULY 29, 2016

Scotland might be considering a new currency in the event that the Scots vote again on independence. A national currency is appealing, and Dr. Craig Dalzell, a laser physics and photonics expert, suggests in a paper that the issue of currency should lead a refreshed campaign for independence. Is The Bank of Japan Helping Bitcoin ?

Bitcoin 100

Bitcoin cryptocurrency Policies Regulation 100

PYMNTS

NOVEMBER 28, 2016

Some of the world’s largest banks were met with big change in recent days. Demonetization in India has financial institutions operating at full speed to exchange out discontinued bank notes but with some unexpectedly pleasant consequences. We dive into the latest banking news from around the world. $30

America 100

America Guidelines Report System 100

Jessica Ellerm

DECEMBER 30, 2017

We do so with uninspiring, micromanaging employers, annoying colleagues, mind numbing Facebook news feeds, anxiety inducing messaging apps, banal reality television and useless, automated customer support desks. Each year this debt is repaid to the people of Australia in the form of royalties. Reclaiming the data commons.

Data 45

Data social media US Resources 45