Australia

Australia Rises In Global Alt-Lending Ranks
Australia Rises In Global Alt-Lending Ranks
September 25, 2017  |  B2B Payments

Australia is now the Asia Pacific region’s second-largest alternative finance market, largely due to a favorable regulatory climate, according to new KPMG analysis. The Australian...

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Google, Intuit Pair Up For SMB Cash Management
Google, Intuit Pair Up For SMB Cash Management
September 14, 2017  |  B2B Payments

Google and Intuit are pairing up to help Australian small businesses (SMBs) get a better grip on cash management. Reports Wednesday (Sept. 13) said Google...

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Regulator Says CBA Is Stable Despite Money Laundering Charges
Regulator Says CBA Is Stable Despite Money Laundering Charges
September 14, 2017  |  Cybersecurity

A key regulator in Australia’s financial services industry said this week that the charges accusing Commonwealth Bank of Australia (CBA) of engaging in money laundering...

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Australian Mall Deal Scuttled By Amazon Anxiety
Australian Mall Deal Scuttled By Amazon Anxiety
September 05, 2017  |  Retail

The A$3.5 billion ($2.5 billion) sale of a 10-mall package in Australia by private equity group Blackstone has been called off. Fear of Amazon.com and...

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Australia Officially Bans Excessive Credit Surcharges
Australia Officially Bans Excessive Credit Surcharges
September 01, 2017  |  Legal & Regulation

Australia has officially closed a legal loophole such that as of today, it is no longer legal to charge a credit card surcharge that is...

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Dubai’s Shedul Is Giving Beauty A Digital Makeover
Dubai’s Shedul Is Giving Beauty A Digital Makeover
August 28, 2017  |  Retail

“We did some research and found out that the majority of businesses in the beauty industry operate offline, without any software at all. A full 52 percent...

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New York State Of (Cybersecurity) Mind
New York State Of (Cybersecurity) Mind
August 28, 2017  |  Legal & Regulation

New cyber-rules are taking effect in New York state, with wide-ranging impact for financial services players near and far.  Brexit gets down to business on...

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Australia Blames eCommerce, Bitcoin For Uptick In Organized Crime
Australia Blames eCommerce, Bitcoin For Uptick In Organized Crime
August 25, 2017  |  Cybersecurity

Australia is blaming the growth in online banking and digital currencies like Bitcoin for a huge increase in organized crime in the country’s financial sector....

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Aussie SMB Ombudsman Says Bank Compliance ‘Like Pulling Teeth’
Aussie SMB Ombudsman Says Bank Compliance ‘Like Pulling Teeth’
August 23, 2017  |  B2B Payments

As Australia continues its probe into small business banking, reports this week said small- and medium-sized businesses (SMBs) may have scored a win as banks agreed...

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