NAB pays $751k in penalties for alleged breaches of Consumer Data Right Rules
National Australia Bank Limited (NAB) has paid penalties totalling $751,200 after the ACCC issued it with four infringement notices.
National Australia Bank Limited (NAB) has paid penalties totalling $751,200 after the ACCC issued it with four infringement notices.
The Treasury’s Cheques Transition Plan aims to cease the issuing of cheques by 30 June 2028 and close the cheques system by 30 September 2029.
The Australian Competition and Consumer Commission (ACCC) has granted interim authorisation to AusPayNet and AP+.
Under the new legislation, the ACCC will closely monitor regulated entities’ compliance with principles to prevent, respond to and report scams.
The ACCC has granted interim authorisation to allow ABA, banks and retailers to provide support to cash-in-transit business Armaguard.
The Federal Court has today found that Master Wealth Control Pty Ltd, trading as DG Institute breached the Australian Consumer Law.
HSBC Bank Australia Limited has paid penalties totalling $33,000 after the ACCC issued it with two infringement notices.
The ACCC proposes to grant authorisation with conditions until 30 June 2024 for Australian Banking Association Ltd (ABA) and its member banks.
Mastercard Asia Pacific Pte. Ltd. is now an accredited data recipient under the Consumer Data Right in Australia.
The ACCC has this week started a sweep to identify misleading testimonials and endorsements by social media influencers.