NatWest Group has appointed Harsh Agarwal as Managing Director, Customer Experience & Engagement. He joins the Retail Banking leadership team as the bank continues its growth push. The function brings…

Fintech funding in Australia is experiencing a significant rebound this year, soaring 137% in fiscal year (FY) 2026, according to a report by Triple Bubble, a domestic venture capital (VC)…

Financial institutions have invested heavily in securing digital onboarding and account opening journeys. Identity verification, document checks, and fraud screening have become standard practice across banking, fintech, and digital financial…

Australia will ban card surcharges on eftpos, Mastercard and Visa payments from 1 October 2026. The Australian Payments Network and the three card networks have launched a new website, cardsurcharge.com.au,…

ASIC has imposed a 10-year ban on former Sequoia chief Garry Crole over failures linked to two collapsed investment funds. The ban prevents Crole from serving as a director or…

AUSTRAC has cancelled, suspended or refused to renew 45 remittance and virtual asset service provider (VASP) registrations over the past year, citing risks such as insolvency, dormancy and money laundering…

Equifax Australia has partnered with consumer readiness platform Occubuy to help renters use their rent payment history to demonstrate mortgage readiness. The collaboration makes Occubuy one of the first partners…

In the first half of 2026, fintech deal activity in Australia rebounded substantially, driven by large investments into mature and established ventures, according to KPMG’s Pulse of Fintech H1 2026…

The Australian Government has rejected most of the findings in a 2024 Senate Economics Committee report on ASIC’s performance, according to a report by Financial Newswire. Its formal response arrived…

Australia sees no clear case for a retail central bank digital currency as its central bank considers how its settlement infrastructure could support tokenised finance. The Reserve Bank of Australia…

Australian Securities and Investments Commission (ASIC) has received more than 45 licence applications from businesses seeking authorisation to provide digital asset-related financial services. Businesses relying on the regulator’s sector-wide no-action…

ING Australia must hold an additional A$50 million in capital after identifying material errors in its liquidity reporting. The bank notified the Australian Prudential Regulation Authority (APRA) in July that…

Cross-border payments are expected to reach US$290 trillion by 2030, but moving money across markets is still harder than it should be. Banks, wallets, cards, real-time payment systems, stablecoins and…

AUSTRAC is investigating whether Western Union does enough to manage money laundering and terrorism financing risks. The probe covers Western Union Financial Services Australia and The Western Union Company. It…

Tazapay has moved closer to expanding in Australia after securing preliminary regulatory approval. The company received in-principle approval for a retail Australian Financial Services Licence, co-founder and CEO Rahul Shinghal…

Chubb has appointed its former Malaysia chief Jon Longmore as its next New Zealand Country President. Longmore will take up the Auckland-based role in September 2026. He will oversee Chubb’s…

Commonwealth Bank has launched PaidIt to help organisations send refunds, settlements and other payouts when recipient details are incomplete or outdated. The platform combines recipient verification, communication and payment delivery.…

Users in Australia can now send money to China through Western Union without leaving Weixin or WeChat. The money transfer company developed the Mini Program with TenPay Global, Tencent’s cross-border…

Pay.com.au is entering the US market as PayRewards after raising US$28 million in Series E funding. The privately funded round included existing and new investors, although the company did not…

BitMart is considering a partial relaunch less than a month after announcing plans to shut down. The crypto exchange is developing a potential restructuring plan as an alternative to a…