Payment systems News
Latest conceptually matching events and reports for Payment systems.
Central Bank of Sri Lanka Introduces Digital Portal for Financial Consumer Grievances.
The Central Bank of Sri Lanka has unveiled a new online Complaint Management System (CMS) to streamline how consumers report grievances against regulated financial service providers, offering 24/7 access and real-time tracking.
People’s Bank Spearheads Digital Payment Revolution to Advance Cash-Lite Economy.
People’s Bank is actively supporting Sri Lanka's transition to a cash-lite economy through the National QR Payment Adoption Programme, leveraging the 'People’s Pay' digital wallet to provide secure, fee-free transactions.
Amazon Sellers Revolt as Mounting Fees and Payment Delays Strain Business Operations.
Amazon sellers are expressing deep frustration over a series of rapid policy changes, including new fee structures and delayed payout schedules, leading some to explore alternative platforms like Shopify and TikTok.
Analysis: Why Sri Lanka’s $2.5 Million Debt Payment Divergence Was Likely a Process Failure.
Experts suggest the diversion of a $2.5 million sovereign debt payment was likely a Business Email Compromise (BEC) rather than a complex cyber-attack, highlighting critical gaps in financial verification processes.
