Tag: Australia
Nine UK fintech companies head to Australia as part of government...
Nine leading UK fintech companies have been sent to Australia by the UK’s Department for International Trade (DIT) to form part of the UK-Australia...
UNICEF launches first crypto fund alongside Ethereum Foundation
Global children’s charity UNICEF has initiated its first step into accepting donations via digital assets with the launch of the newly-established ‘UNICEF Cryptocurrency Fund.’
The...
NPP Australia PayID solution suffers data breach
NPP Australia has disclosed “a number” of PayID records and associated data were recently exposed by a client-side vulnerability at an unnamed financial institution.
The...
Accenture global analysis: UK fintech investment almost doubles
According to global professional services company Accenture, fintech investment in the UK nearly doubled to approximately $2.6 billion in the first half of 2019.
The...
Queensland police arrests five over $2.7M cryptocurrency scam
Queensland’s Financial and Cyber Crime Group, State Crime Command, has charged three men and two women following a cold call cryptocurrency investment fraud investigation.
Dubbed...
Judo Bank smashes funding target with record investments
Australian small and medium enterprise (SME) challenger bank Judo Bank has released the details to its second equity funding round - totalling $400 million.
Claimed...
Volt Bank chooses FIS for payment operations
Sydney-based neobank Volt Bank has picked upon financial service providers FIS to power its mobile and card payment services.
FIS, who recently purchased global payments...
Commonwealth Bank of Australia adopts merchant choice routing
The Commonwealth Bank of Australia (CBA) has announced the introduction of merchant choice routing (MCR) for its customers.
MCR is an optional feature for customers...
Australian Payments Council releases new digital focused agenda
The Australian Payments Council (APC) has announced a new strategic agenda titled ‘Payments in a Global, Digital World’.
The agenda has been produced to ensure...
Australian Macquarie bans credit card gambling transactions
Australian bank Macquarie has disclosed new changes to its rules of use including a blanket ban on gambling and lottery transactions on its credit...