Australian businesses are increasingly exposed to international payment scams as AI makes cybercrime cheaper, easier, and more sophisticated, while cost-of-living pressures are driving some skilled workers towards informal or black-market…

Trading and investing platform eToro has expanded its Australian offering with the introduction of AUD accounts, giving users the ability to deposit, hold, withdraw, and invest directly in their local…

Entsia, a Sydney-based full lifecycle insurance platform, has joined InsurTechNZ, the industry body supporting innovation and collaboration across New Zealand’s insurance sector. The company’s platform is already in use by…

Thredd, a global payments processor, has announced that it is supporting ANNA Money’s business accounts in Australia. The partnership enables instant virtual and physical debit cards, with secure wallet functionality…

Sidetrade, a France-based provider of AI-powered Order-to-Cash (O2C) applications, has signed binding agreements to acquire 100% of the share capital of ezyCollect, a Sydney-based O2C solutions provider. The acquisition will…

The Australian Banking Association (ABA) has commented on the exposure draft legislation released today (10 October), which seeks to update the regulatory framework for payment service providers in Australia. ABA…

Gemini, the global digital asset platform, has announced the expansion of its operations into Australia as part of its long-term growth strategy in the Asia Pacific region. The company has…

Fraud and scams are on the rise in Southeast Asia, from job scams and forced scam centers to deepfake impersonations and multimillion-dollar corporate fraud. In this episode of Banking After…

Revolut has announced RevPoints, a debit card loyalty programme in Australia that allows users to earn uncapped points redeemable for a range of airline loyalty schemes and other rewards. The…

MA Financial, an Australian-based alternative asset manager, has announced that a selection of its flagship and specialist investment strategies has been added to Allfunds, a Spain-based B2B wealthtech platform with…

Zeller, a Melbourne-based payments company, has announced plans to launch in the UK. its first international market, marking the start of a global expansion strategy to roll out its integrated…

Cloud-based insurance software-as-a-service provider JAVLN has secured a capital investment of AU$6 million to support its expansion across Australia, research and development, and entry into new markets. According to Australian…

Australia will impose penalties of up to 10% of annual turnover on digital asset platform operators that breach proposed rules, under draft legislation released on Thursday (September 25). According to…

Westpac is set to cut 200 bank teller positions but will not reduce overall headcount across the business. According to News.com.au, staff were informed via email on Tuesday (September 23)…

In APAC, online payments are dominated by digital cashless payments. 87% of payments on Southeast Asia’s e-commerce platforms are done using digital payments, as of 2024. When it comes to…

MHC Digital Group, an institutional digital assets platform, has announced a joint venture with Catena Digital to establish Macropod, an Australian dollar-backed stablecoin platform. The stablecoin, to be listed under…

Mastercard has introduced an embedded virtual card payment capability in Australia, with Westpac becoming the first commercial issuer in the country to activate the solution for clients using Oracle Fusion…

The Commonwealth Bank’s venture-scaling arm, x15ventures, and fintech-focused fund Triple Bubble have formed a strategic partnership aimed at supporting innovation in Australia’s financial technology sector. The collaboration involves an investment,…

Stablecoins are quickly evolving from crypto-native assets to credible instruments for mainstream finance. In 2024 alone, stablecoin transaction volumes hit 27.6 trillion, surpassing the combined volume of Visa and Mastercard,…

Brumby Pay, a fintech start-up based in regional Victoria, has named Monoova as its preferred Payment Service Provider. The collaboration brings together Brumby Pay’s patent-pending architecture with Monoova’s enterprise-grade infrastructure…