Australia

Australian Government Considers Holding Social Media Firms Responsible for User-Posted Content
Australian Government Considers Holding Social Media Firms Responsible for User-Posted Content
October 10, 2021  |  Regulation

Social media companies such as Facebook and Twitter may be made more responsible for defamatory material published on their platforms if measures being considered by...

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Judo Bank Sees Strong Investor Interest for $1.7B Sydney IPO
Judo Bank Sees Strong Investor Interest for $1.7B Sydney IPO
October 10, 2021  |  IPO

Judo Bank, an Australian challenger bank centered on providing loans to small and medium-sized enterprises, is aiming to raise around A$653 million, or about $477...

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Visa Installments Head Down Under With ANZ, Quest Payment Partnership
Visa Installments Head Down Under With ANZ, Quest Payment Partnership
October 07, 2021  |  Buy Now Pay Later

Visa has expanded its Visa Installments program in Australia, partnering with financial institution ANZ as well as merchant payment provider Quest, which will help shoppers...

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Airwallex, Stake Team on Cross-Border Payments
Airwallex, Stake Team on Cross-Border Payments
September 27, 2021  |  B2B Payments

FinTech company Airwallex has announced that it will be used by Australia-based digital brokerage Stake as a cross-border payments and foreign exchange (FX) partner, according...

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Payments Network Eftpos Gets OK From Australia for Digital ID Verification
Payments Network Eftpos Gets OK From Australia for Digital ID Verification
September 27, 2021  |  Digital Identity

Eftpos has become the first private sector digital identity exchange to be accredited by Australia’s government under the Trusted Digital Identity Framework (TDIF), which will...

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UK FinTech Wise Aims to Lower Money Transfer Fees in Australia
UK FinTech Wise Aims to Lower Money Transfer Fees in Australia
September 26, 2021  |  International

Wise, a digital money transfer platform, is joining Australia’s New Payments Platform (NPP) in a move designed to let transfers be settled in the country...

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Afterpay Informs Australian Senate Stablecoin Could Clip Merchant Fees
Afterpay Informs Australian Senate Stablecoin Could Clip Merchant Fees
September 08, 2021  |  International

In response to a government inquiry, Australian buy now pay later (BNPL) firm Afterpay told the Australian Senate that the use of cryptocurrency could shave...

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Australia Mulls Regulations For Apple Pay, Google Pay, Other Big Tech Players
Australia Mulls Regulations For Apple Pay, Google Pay, Other Big Tech Players
August 30, 2021  |  Regulation

The Australian government is looking into the best way to overhaul its current infrastructure for financial regulation to enable stronger oversight of digital wallets and...

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China’s UnionPay Provides Tuition Refunds To International Students Studying In Australia
China’s UnionPay Provides Tuition Refunds To International Students Studying In Australia
August 27, 2021  |  International

Leading global payment services provider UnionPay International (UPI) announced in a press release on Friday (Aug. 27) that it is lending support to international students...

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