Australia’s financial intelligence agency AUSTRAC has introduced new restrictions on crypto ATM operators and refused to renew the registration of one crypto ATM provider, Harro’s Empires, citing ongoing risks of…

Australia’s financial crime watchdog AUSTRAC is expanding its Fintel Alliance initiative after the public-private partnership delivered significant results in tackling financial crime through collaborative intelligence sharing. Established in 2017, Fintel…

Australian fintech startup WeMoney has secured A$12 million in a Series A funding round led by Lance East Office, the family office of tech entrepreneur Laurence Escalante. Global payments company…

Singapore-based digital wealth platform Syfe is moving ahead with its acquisition of Selfwealth, one of Australia’s largest online investing platforms, after securing overwhelming shareholder support for its A$65 million (S$54.5…

Fiserv, a provider of payments and financial services technology, announced that it has acquired Pinch Payments, an Australian-based payment facilitator. Terms of the deal was not disclosed. Founded in 2017,…

Australian business lender Bizcap officially launched its Singapore operations, aiming to provide funding solutions for local SMEs. The company focuses on offering business loans with flexible terms and fast processing…

Crypto exchange OKX Australia has announced the appointment of Kate Cooper as its new CEO. In her new role, Cooper will oversee OKX Australia’s operations, product development, and sales. With…

Synpulse, a financial services consulting firm, has appointed Nick Wilde as Senior Advisor to strengthen its expertise in retail and SME banking offerings in the ANZ region. Wilde brings over…

Airwallex, a global financial platform, has launched operations in New Zealand, aiming to provide local businesses with improved cross-border payment solutions. The company has appointed Lowry Gladwell as Associate Director…

Global payments infrastructure provider Nium has expanded its real-time payment network to include Australia. This enables businesses to process instant cross-border payments to Australian bank accounts and PayIDs. The move…

New Zealand has introduced changes to its visitor visa rules, allowing tourists to work remotely for overseas employers or clients while staying in the country. The changes, which took effect…

The Australian Securities and Investments Commission (ASIC) has launched a consultation on new regulatory guidance for buy now, pay later (BNPL) providers ahead of upcoming legal changes. From 10 June…

Sumsub, a full-cycle verification platform, has introduced its Australia DVS (Document Verification Service) Verification product. This solution offers real-time, government-backed validation of identity documents, including passports, driving licences, and visas.…

Banking Circle, a Luxembourg-licensed bank specialising in next-generation banking services, is set to acquire Australian Settlements Limited (ASL), an authorised deposit-taking institution. The acquisition is subject to regulatory approvals and…

The Australian Securities and Investments Commission (ASIC) has filed a lawsuit in the Federal Court against Oztures Trading Pty Ltd, operating as Binance Australia Derivatives, over alleged consumer protection failures…

The Australian Securities and Investments Commission (ASIC) has launched legal proceedings against HSBC Australia, alleging systemic failures in protecting customers from financial scams. According to documents filed in the Federal…

Australia has announced a US$50 million investment in Singapore’s Financing Asia’s Transition Partnership (FAST-P) to support sustainable infrastructure development and clean energy transition in Southeast Asia. FAST-P aims to mobilise…

Crypto.com has acquired a brokerage and trading firm Fintek Securities regulated by the Australian Securities and Investments Commission. This acquisition will allow Crypto.com to expand its offerings for its eligible…

Australia has unveiled a three-year initiative to explore the potential of central bank digital currencies (CBDCs) with a focus on wholesale CBDC opportunities, industry outreach and regulatory improvements, Brad Jones,…

Experian has completed its acquisition of consumer and commercial credit bureau, illion, for A$820 million. John Banfield, CEO of illion, will step down following the acquisition’s completion. The acquisition includes…