The Australian Government has rejected most of the findings in a 2024 Senate Economics Committee report on ASIC’s performance, according…
Australia sees no clear case for a retail central bank digital currency as its central bank considers how its settlement…
Australian Securities and Investments Commission (ASIC) has received more than 45 licence applications from businesses seeking authorisation to provide digital…
ING Australia must hold an additional A$50 million in capital after identifying material errors in its liquidity reporting. The bank…
Cross-border payments are expected to reach US$290 trillion by 2030, but moving money across markets is still harder than it…
AUSTRAC is investigating whether Western Union does enough to manage money laundering and terrorism financing risks. The probe covers Western…
Tazapay has moved closer to expanding in Australia after securing preliminary regulatory approval. The company received in-principle approval for a…
Chubb has appointed its former Malaysia chief Jon Longmore as its next New Zealand Country President. Longmore will take up…
Commonwealth Bank has launched PaidIt to help organisations send refunds, settlements and other payouts when recipient details are incomplete or…
Users in Australia can now send money to China through Western Union without leaving Weixin or WeChat. The money transfer…
Pay.com.au is entering the US market as PayRewards after raising US$28 million in Series E funding. The privately funded round…
BitMart is considering a partial relaunch less than a month after announcing plans to shut down. The crypto exchange is…
Australian payments processor Fat Zebra has appointed Leena Hakkinen as Chief Operating Officer and Kees Kwakernaak as Chief Commercial Officer.…
Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentials, phishing and…
AUSTRAC has uncovered suspected coordinated mortgage fraud involving potentially hundreds of millions of dollars in loans across 10 major Australian…
Mastercard has restored payment processing in Australia following a disruption linked to a scheduled system update. Normal service resumed after…
A shareholder is seeking Federal Court permission to sue former Australian Securities Exchange (ASX) officers and directors, as reported by…
Australia boasts a thriving and dynamic fintech industry, comprising 800 fintech companies across various verticals, according to new research conducted…
National Australia Bank (NAB) is combining technology and AI under one executive role as part of a broader leadership shake-up.…
Cryptolink can no longer operate its 96 crypto ATMs in Australia after AUSTRAC suspended the company’s registration. The three-month suspension…