Tag: Australia
Australian tech sector chasing cross-industry AI talent
The Australian tech industry is seeking talent from across a range of sectors, not just from payments and finance - unsurprisingly, Artificial Intelligence (AI)...
ASIC hits out at ASX over misleading statements on critical financial...
Australia’s financial regulator has initiated legal proceedings against the Australian Securities Exchange (ASX), accusing Australia's largest stock exchange of making misleading statements about a...
Australia looks to combat fraud and scams with new confirmation initiative
Fraudsters and scammers have become emboldened in recent years by technological developments, global connectivity and access to the internet. This is being noted by...
GoCardless & ICE InsurTech to streamline automated payments to insurance firms
GoCardless and ICE InsurTech have forged a new partnership to place a focus on delivering automated payment collections for insurance companies in the Southern...
AUSTRAC: Innovation needed to prevent crypto money laundering
Australia’s criminal underworld is sticking to what it knows for laundering illegal funds according to the country’s financial intelligence agency, the Australian Transaction Reports...
Bitcoin ETFs reach Australia as VanEck gains early stronghold
Australia is the latest country to launch Bitcoin ETFs on the Australian Securities Exchange (ASX).
US investment firm VanEck became the first company to list...
Australia govt pushes to cover BNPL firms under credit regulations
Australia is making yet another move in the regulatory realm of payments with new rules around buy now, pay later (BNPL) services.
The government of...
Westpac launches new product to identify and prevent power of attorney...
Australian financial service Westpac has announced the launch of a new detection product that seeks to stamp out power of attorney abuse.
Initially rolled out...
RWA: Australian operators must stick to AML and CTF standards
Australian betting operators are facing stricter regulatory enforcement of player protection standards, including measures affecting the payments journey, if requirements aren’t met.
The Australian federal...
Australia enforces ban on credit card gambling but excludes lotteries
The Interactive Gambling Amendment Bill 2023 has passed the Senate of Australia, essentially banning credit card use to fund online gambling accounts.
Forwarded to the...
