Revolut has announced its launch as New Zealand’s first digital bank after securing its seventh banking licence globally. The Reserve Bank of New Zealand confirmed the registration, making Revolut the…

The Australian Securities and Investments Commission (ASIC) has called on super trustees to close gaps in how they deal with issues raised in member complaints. Its latest review, Report 844,…

Zip has made its mobile service, ZMobile, available to all Australians through the Zip website. New customers can now sign up online, including those who are not existing Zip customers.…

ANZ has met its A$10 billion housing commitment for Australia and New Zealand ahead of its 2030 target. Set in 2021, it aimed to fund and facilitate investment in affordable,…

He sold UnionPay to Fifth Avenue jewellers with a crystal logo. Now Jia Hang is betting stablecoins will make payment equal settlement. Jia Hang is Executive Chairman of DCS Group,…

Australian fintech Bizcap is stepping up its North American expansion with a new US$175 million credit facility. Bizcap secured the facility from an unnamed US institutional credit manager. The facility…

The Australian Securities and Investments Commission (ASIC) is consulting on updated guidance for its oversight of the Australian Financial Complaints Authority (AFCA). The proposed changes to Regulatory Guide 267 (RG…

National Australia Bank (NAB) is removing about 3,200 roles, according to The Australian Financial Review (AFR). The figure is higher than the 2,500 NAB job cuts announced last week. Affected…

Westpac job cuts have reached 253 since the start of October, according to the Finance Sector Union (FSU). The latest round came on Tuesday, the same day National Australia Bank…

No institution moves into digital assets until it knows who will hold them and what happens to those assets if that custodian fails. This panel looks at custody as the…

KPay Group’s Australian subsidiary has obtained an Australian Financial Services License (AFSL) from the Australian Securities and Investments Commission (ASIC), a year after entering the market. The license allows KPay…

Can stablecoins make cross-border payments faster, cheaper, and more accessible and where do banks fit in? At Luno’s LIDAC conference, moderator Vincent Fong joins Eddy Christian Ng from Tether, Milind…

National Australia Bank (NAB) expects to cut up to 2,500 jobs, or about 6% of its internal workforce, in FY27. Up to 1,500 of these roles are set to go…

Although the Australian fintech sector is relatively young, startups are achieving success, with nearly half reporting profitability with most remaining bootstrapped, according to a new study by RSM Australia. The…

Macquarie has increased its funding to Australian bridging lender Bridgit, The Australian Financial Review reported. With Citi as its other backer, Bridgit now has A$1.7 billion in total funding. The…

Melbourne fintech RedOwl has raised A$5.3 million in seed funding. Sydney venture firm Tidal Ventures led the round. According to The Australian Financial Review, the deal values the AI firm…

The Australian Securities and Investments Commission (ASIC) has opened consultation on implementing new digital asset laws. From 8 April 2027, the laws will bring digital asset platforms (DAPs) and tokenised…

New ASX chief executive Anthony Attia wants to speed up the move to ASX T+1 settlement for share trades. He told Reuters he will consult regulators and the market rather…

Attekus has partnered with Fat Zebra to add card and digital wallet payments to its booking software. Councils, universities and venues use it to take bookings and sell tickets. For…

Retail investors are still losing hundreds of millions of dollars trading contracts for difference (CFDs), prompting Australia’s financial regulator to propose keeping existing protections in place. The Australian Securities and…