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ASIC_regulator

Citibank refunds $5 million in credit card international transaction fees

31/03/2017(0)
Citigroup Pty Limited (Citibank) has refunded approximately $5 million to around 230,000 customers, for failing to properly disclose that credit card international transaction fees apply to Australian dollar transactions ... Read More
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Biometric Payment Startup Keyo Lets You Pay With Your Palm

10/03/2017(0)
You’ve ordered your morning coffee, unloaded all your groceries at the checkout or made it to the front of a long line at the drugstore. You reach for your ... Read More
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Lloyds Banking Group paying £1.9bn for MBNA credit card business

20/12/2016(0)
Lloyds Banking Group has beaten other bidders to buy MBNA, one of the UK’s biggest credit card issuers, for £1.9bn. The sale, by Bank of America, had attracted interest ... Read More
fca-building

FCA launches call for input on high-cost credit and overdrafts

29/11/2016(0)
Since taking over regulation of consumer credit in April 2014, the FCA has focused on products that it believes pose the highest risks to its consumer protection objective. One ... Read More
unionpay

UnionPay International and Bank of China jointly issued the first Travel Europe Themed UnionPay credit card

21/11/2016(0)
On November 21, UnionPay International and Bank of China (BOC) jointly announced their joint issuance of the first Europe version of the Travel Mate. China UnionPay credit card. This ... Read More
ASIC_regulator

Westpac refunds $20 million in credit card foreign transaction fees

08/09/2016(0)
Westpac Banking Corporation (Westpac) has recently refunded approximately $20 million to around 820,000 customers for not clearly disclosing the types of credit card transactions that attract foreign transaction fees. ... Read More
visa

Visa Europe unveils augmented reality payment tech

13/06/2016(0)
Visa Europe and its innovation hub, Visa Europe Collab, have teamed up with visual discovery and augmented reality app Blippar to bring augmented reality to payments. The new e-commerce ... Read More
Alternative Payments

Alternative Payments Launches Innovative Global Payment Gateway

26/05/2016(2)
The global e-commerce company AlternativePayments.com has launched a new international payments solution. This solution is the ultimate e-commerce equalizer for web retailers looking to tap into the global marketplace by eliminating payment and ... Read More
Citibank logo is seen at the facade of a Citibank building in New York

Citibank to refund $700 million to credit card customers for unfair and deceptive practices

22/07/2015(0)
Citibank, N.A. and some of its subsidiaries is ordered to refund approximately $700 million to customers for unfair and deceptive credit card practices. This includes unfairly billing consumers for credit ... Read More
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