Australia

Australia Is Moving Against ‘Uberisation’ of Workers With New Gig-Economy Rules 
Australia Is Moving Against ‘Uberisation’ of Workers With New Gig-Economy Rules 
February 15, 2022  |  Gig Economy

The Senate Committee that is looking into Australia’s gig economy published its fourth interim report on February 11, suggesting that more changes are needed to...

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Criminal Charges Against Deutsche Bank, Citigroup Dropped in Australian Banking Cartel Case
Criminal Charges Against Deutsche Bank, Citigroup Dropped in Australian Banking Cartel Case
February 11, 2022  |  Legal

Federal prosecutors on Friday (Feb. 11) dropped criminal charges against Citigroup, Deutsche Bank and four senior bankers related to a “significant cartel case” by the...

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RBC Looks To Sell Australia’s Student Payments Platform Cohort Go
RBC Looks To Sell Australia’s Student Payments Platform Cohort Go
January 31, 2022  |  Acquisitions

RBC Capital Markets will auction off global payments platform business Cohort Go, a report says. Get the Full Story Complete the form to unlock this...

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Aussie FinTech Startup Airwallex Rolls Out Payments Services in Singapore
Aussie FinTech Startup Airwallex Rolls Out Payments Services in Singapore
January 13, 2022  |  Cross-border Payments

FinTech platform Airwallex is officially introducing payment services in Singapore after being granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore...

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National Australia Bank Acquires Digital Health Claims Platform LanternPay
National Australia Bank Acquires Digital Health Claims Platform LanternPay
January 13, 2022  |  Acquisitions

National Australia Bank is acquiring digital health claims startup LanternPay, the latest salvo in an ongoing battle for supremacy in the $120 billion health payments...

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Australia’s Financial Regulators Endorse Treasurer’s Plan for Crypto, Payment Reform
Australia’s Financial Regulators Endorse Treasurer’s Plan for Crypto, Payment Reform
December 16, 2021  |  Regulation

The Council of Financial Regulators released on Thursday (Dec. 16) its quarterly statement, where it endorsed the treasurer’s plans for a major reform in the...

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Australian Banks Debut Quarterly Reliability Reports for Retail Payments 
Australian Banks Debut Quarterly Reliability Reports for Retail Payments 
November 16, 2021  |  International

The Reserve Bank of Australia (RBA) recently unveiled its first quarterly reliability report on banking payment services for households and businesses, part of an effort...

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Australian Watchdog Probes Commonwealth Bank’s Move into Crypto
Australian Watchdog Probes Commonwealth Bank’s Move into Crypto
November 05, 2021  |  Cryptocurrency

Australia’s banking watchdog is taking a closer look into the decision by the Commonwealth Bank of Australia (CBA), the country’s largest lender, to move into...

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BNPL Firms in Australia Can’t Block Merchant Surcharges 
BNPL Firms in Australia Can’t Block Merchant Surcharges 
October 22, 2021  |  Regulation

The Reserve Bank of Australia on Friday (Oct. 22) said buy now, pay later (BNPL) companies can’t stop merchants across the country from implementing surcharges...

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