Australia

 In Asia, Finance Trade Groups Advocate For FinTech In Regulatory Efforts

 In Asia, Finance Trade Groups Advocate For FinTech In Regulatory Efforts
 In Asia, Finance Trade Groups Advocate For FinTech In Regulatory Efforts
June 18, 2018  |  Bank Regulation

Financial firms have their work cut out for them when battling the bad guys, trying ensure that funds go where they need to go, and...

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Westpac Ends Prospa Collaboration After IPO Postponement
Westpac Ends Prospa Collaboration After IPO Postponement
June 12, 2018  |  B2B Payments

Days after Australian alternative lending platform Prospa delayed its Initial Public Offering (IPO) indefinitely, one of its bank partners, Westpac, announced it was ending its...

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Law Firms Experimenting With AI
Law Firms Experimenting With AI
June 08, 2018  |  Artificial Intelligence

Chatbots are already being used in a variety of industries — and now those in the legal industry are finding ways to experiment with artificial...

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Revolut Plans To Apply For Banking License In The US
Revolut Plans To Apply For Banking License In The US
June 04, 2018  |  Banking

After applying for a banking license in Europe, Revolut plans to apply for one in United States in the near future. Chief Executive Officer Nikolay...

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Commonwealth Bank Of Australia Faces Record Fines
Commonwealth Bank Of Australia Faces Record Fines
June 04, 2018  |  Banking

The Commonwealth Bank of Australia (CBA) has formally agreed to a record fine of A$700 million ($529.3 million) in the hopes of bringing to an end...

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Five at Five: Walmart’s College Plan
Five at Five: Walmart’s College Plan
May 31, 2018  |  News

Welcome to Five at Five, your late look at the payments and commerce news you might have missed. Today’s stories range from Walmart’s promotion of...

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Amazon To Block Australian Shoppers From US Site
Amazon To Block Australian Shoppers From US Site
May 31, 2018  |  Amazon

In a move that will send traffic to its Australian website, Amazon said it will make Australians use its Australia site instead of its larger...

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Australia’s Big Four Banks Admit SMB Lending Misconduct
Australia’s Big Four Banks Admit SMB Lending Misconduct
May 22, 2018  |  B2B Payments

All four of Australia’s Big Four lenders — Westpac, Australia and New Zealand Banking Group, Commonwealth Bank of Australia and National Australia Bank — admitted...

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Microsoft Forms Cloud Accounting Startup To Rival Xero
Microsoft Forms Cloud Accounting Startup To Rival Xero
May 15, 2018  |  B2B Payments

Microsoft is collaborating with Commonwealth Bank of Australia (CBA) and KPMG to form a new cloud accounting startup, Financial Review reported. Get the Full Story Complete the...

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