Money laundering watchdog orders audit of PayPal
Australia’s money laundering watchdog, AUSTRAC, has ordered the appointment of an external auditor to scrutinise PayPal’s compliance with financial crime laws.
Australia’s money laundering watchdog, AUSTRAC, has ordered the appointment of an external auditor to scrutinise PayPal’s compliance with financial crime laws.
By exploiting the power of social media, Circle wants make moving bitcoins and money across borders a pleasant and cost-saving affair in more countries.
In the past few weeks, North Carolina and Mississippi have adopted laws enabling businesses to discriminate against gays and transgender people by those who say serving them would infringe on their religious beliefs. Some large tech companies have condemned the laws.
PayPal has become the 18th member of Eftpos, with the digital wallet provider planning next year to connect to the Eftpos Hub.
PayPal has launched its peer to peer payments (P2P) service PayPal.Me in Australia.
In recent weeks, more and more iTunes users have been reporting fraudulent activity on their Apple accounts, reporting hundreds or even thousands of dollars worth of bogus purchases. With the reports of this type of fraud on the uptick in recent weeks, many users have been quick to blame Apple or PayPal, as many of the affected iTunes accounts were linked to PayPal accounts.
Tesla CEO Elon Musk is no stranger to risky but successful ventures. He's helped found companies such as PayPal and other leading edge tech firms, including an aerospace manufacturer to help colonize Mars.
Though it seems as if we're sourrounded by innovative products, services and technologies, there's a growing counter argument that we're living in a dismal era. Science is hated. Real technological progress has stalled. And what we call innovation today really isn't very innovative.