Australia is set to introduce legislation governing the use of Apple Pay and other digital wallets. The new rules, scheduled to be announced this week, would place this payment method under the same regulatory oversight as credit cards, Reuters reported Monday (Nov. 27). As that report noted, digital wallets...
Senators have introduced a bipartisan bill targeted at accelerating payments made by the U.S. Department of Defense (DoD) to its small suppliers, according to Sheridan Media reports. The publication said Wednesday (May 23) that Senator Ben Cardin of Maryland and Senator Mike Enzi of Wyoming...
Australian SMEs are stuck in more than $20 billion in unpaid bills from their large corporate customers, according to the latest analysis from Xero. The small business accounting company said Monday (March 27) that it estimates SMEs in the country are owed more than $20...
Singapore is changing its rules on venture capital in an effort to support economic growth, reports said this week. According to Bloomberg, the Monetary Authority of Singapore published a new consultation paper that revealed new and existing venture capitalists will no longer be subject to...
June 02, 2024
The managing director of Great Britain’s Payments Systems Regulator (PSR) is reportedly stepping down. As Bloomberg News noted in a report Saturday (June 1), Chris Hemsley’s departure comes amid rising financial industry anger over new fraud refund regulations. Hemsley will leave “imminently” following nearly five years running the PSR to become a director for the […]
November 27, 2023
Australia is set to introduce legislation governing the use of Apple Pay and other digital wallets. The new rules, scheduled to be announced this week, would place this payment method under the...
