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…

Paymentology has partnered with Australian BaaS platform Kobble to accelerate the launch and expansion of embedded finance products across Australia. The collaboration integrates the global issuer processing infrastructure of Paymentology…

ANZ Bank New Zealand has appointed Chief Risk Officer Ben Kelleher as its new Chief Executive Officer, taking over from Antonia Watson who will retire on 30 September at the…

Butn has launched Moneybox, a digital private credit investment platform designed for eligible retail investors in Australia. The platform offers access to investment opportunities backed by SME lending. The launch…

IG Group has introduced its first direct digital asset product in Australia with the launch of the IG Markets cryptocurrency trading app, as reported by ITBrief. The mobile-only platform allows…

Generative AI is making fraud more convincing and easier to scale. Reports of Gen AI-enabled scams rose 456% between May 2024 and April 2025, while deepfake activity is also rising…

Australian stablecoin issuer AUDC is launching a New Zealand dollar-backed digital currency, NZDC, targeting institutional payments and Trans-Tasman settlement efficiency. The development, reported by International Fintech, aims to offer the…

AI is getting better at helping us shop. The next step is much bigger: making payments on our behalf. That sounds convenient, but it also raises some important questions. Who…