Deutsche Bank has paid an A$2 million penalty under an infringement notice from the Australian Securities and Investments Commission (ASIC) for misreporting more than 260,000 over-the-counter (OTC) derivative transactions. The…

Digital asset brokerage Swyftx has secured an Australian Financial Services License from the Australian Securities and Investments Commission (ASIC). The approval includes a non-cash payment facility authorisation, positioning the company…

Fraud and AML in Asia have shifted over the past year. Alongside the system-level attacks that continue, panellists point to a growing move towards human compromise, scams that target the…

Fraud is no longer just a back-office concern, but a frontline business challenge As digital experiences accelerate and customer expectations rise, organisations are under increasing pressure to deliver fast, seamless…

ANNA Money Australia has expanded its operating platform for small businesses. Consolidating payments, licensing, and automated tax workflows, the company aims to give business owners one place to manage their…

RealNZ has signed a MoU with Weixin Pay to expand digital payment acceptance across its tourism services in New Zealand. The agreement connects cross-border payment services with destination discovery and…

87% of GXBank’s small-business borrowers had never held a loan before. Deputy CEO Hildah Hamzah explains how the bank reaches them and still makes money. Hildah Hamzah is Deputy CEO…

Westpac has appointed Richard Heeley as its new Chief Information Officer. Heeley joins from Macquarie Group and will oversee the bank’s technology infrastructure, cyber security, and engineering capabilities. He will…

Payment functionality has emerged as the strongest indicator of customer retention in business-to-business (B2B) software. According to a new study by Worldpay, which polled more than 1,500 businesses across Australia,…

BitMart has secured an Australian Financial Services License (AFSL). The authorisation brings the cryptocurrency exchange under Australia’s new Digital Assets Framework, subjecting it to the same regulatory standards as traditional…

FundTap has partnered with GoCardless to automate repayment collections for its invoice finance products in Australia and New Zealand, supporting its growth in Australia, CFOtech Australia reported. The integration allows…

National Australia Bank (NAB) has launched an integrated operations hub called NAB Nexus. The bank created the facility to track AI threats and protect critical banking services. The hub brings…

Pennant Technologies has partnered with digital product studio Fusion to offer digital loan servicing tools to Australian financial institutions. The integration connects Fusion’s mobile and internet banking interfaces with Pennant’s…

Revolut has officially launched its dedicated business platform in New Zealand, expanding its financial services footprint across the Asia Pacific region. The rollout of Revolut Business follows a period of…

Zeller has launched a new POS app for SMBs, expanding its offerings into core business operations software. The cloud-based POS system runs on iOS and Android devices. It integrates directly…

Moneytech has appointed Paul Garvey as its new Chief Financial Officer, as reported by Australian Fintech. Garvey joins Moneytech with over 25 years of senior financial management experience across the…

Revolut has officially launched Ultra, its new top tier subscription plan, making the service available to the company’s more than one million Australian customers. Positioned as a premium subscription tier,…

Commonwealth Bank of Australia (CBA) has appointed Victoria Ledda as Group Chief Information Officer and Rodrigo Castillo as Group Chief Technology Officer. Both appointments will take effect from 1 July…

The Federal Court has ordered HSBC Australia to pay a A$35 million penalty after the bank admitted to serious and widespread failures in protecting its customers from scams, according to…

UQPAY has officially registered as an Australian Financial Services (AFS) authorised representative with the Australian Securities and Investments Commission (ASIC), clearing the path for its commercial expansion into the local…