Australia

Payments Code Down Under Makes Headway
Payments Code Down Under Makes Headway
March 11, 2019  |  B2B Payments

In Australia, more businesses are signing onto the late payments code that punishes late payers.  In the UK, there are calls to fine firms that...

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Bitcoin Daily: France Bans Anonymous Crypto; Australia Cracks Down On Crypto Drug Trafficking
Bitcoin Daily: France Bans Anonymous Crypto; Australia Cracks Down On Crypto Drug Trafficking
March 10, 2019  |  Bitcoin

The Finance Committee in France released a report that calls for the ban of certain cryptocurrencies that enable anonymous transactions. Get the Full Story Complete...

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Australia, New Zealand Adopt Framework For eInvoicing
Australia, New Zealand Adopt Framework For eInvoicing
March 04, 2019  |  B2B Payments

Australia and New Zealand have announced that they are both adopting the Pan-European Public Procurement On-Line (PEPPOL) interoperability framework for eInvoicing. Australia Prime Minister Scott...

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Definition Of ‘Small Business’ Left Uncertain Amid Aussie Bank Reforms
Definition Of ‘Small Business’ Left Uncertain Amid Aussie Bank Reforms
February 27, 2019  |  B2B Payments

Australia’s banking industry continues to address misconduct at the largest of the nation’s institutions, with small business banking at the center of many of the...

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Australian Gov’t Discloses Attack On Parliament Computer Network
Australian Gov’t Discloses Attack On Parliament Computer Network
February 18, 2019  |  Security & Fraud

The Australian government has disclosed that it was the victim of a cyber attack and said the government suspects a state actor, according to a...

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Down Under, Supermarkets Combat Late Payments
Down Under, Supermarkets Combat Late Payments
February 18, 2019  |  B2B Payments

In Australia, large supermarket chains are among the firms combatting late payments, and adhering to a supplier payment code. In the U.S., the government shutdown impact...

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Intuit Study: A Third Of Small Businesses Grapple With Late Payments
Intuit Study: A Third Of Small Businesses Grapple With Late Payments
February 11, 2019  |  B2B Payments

Cash flow is steady when accounts payable and accounts receivable are well managed. Hiccups in accounts receivable — such as not getting paid on time —...

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NAB CEO, Chairman To Step Down Amid Performance Criticism
NAB CEO, Chairman To Step Down Amid Performance Criticism
February 07, 2019  |  Bank Regulation

National Australia Bank chief executive Andrew Thorburn and chairman Ken Henry are leaving amid criticism of their leadership at the bank. Get the Full Story...

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Australia Commission: Tighter Regulation Not The Right Move For SMB Lending Misconduct
Australia Commission: Tighter Regulation Not The Right Move For SMB Lending Misconduct
February 05, 2019  |  B2B Payments

The Australian government is taking major steps toward overhauling the nation’s banking industry amid revelations of misconduct by top financial institutions (FIs), but small businesses...

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