Australia

Australian Banks Debut Quarterly Reliability Reports for Retail Payments 
Australian Banks Debut Quarterly Reliability Reports for Retail Payments 
November 16, 2021  |  Cross-border Payments

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  |  Legal & 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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Salsify Acquires SKUvantage for Australian Expansion
Salsify Acquires SKUvantage for Australian Expansion
October 20, 2021  |  Retail

Commerce experience management platform Salsify announced on Wednesday (Oct. 20) that it has acquired Australia-based SKUvantage, which offers products and services to help retailers, distributors...

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Archa FinTech to Debut Smart Business Credit Card in Australia
Archa FinTech to Debut Smart Business Credit Card in Australia
October 10, 2021  |  B2B Payments

Archa, the FinTech and ex-consumer neo bank, has now announced plans to roll out a smart business credit card and spend management platform that will...

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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  |  Legal & 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  |  BNPL

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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