Mortgage underwriting runs on documents. Payslips, bank statements and tax returns are the evidence that lenders verify before approving a loan. Generative artificial intelligence can now produce all three in formats that pass standard checks. Australia’s mortgage market may be facing up to $4 billion...
Australia’s financial crime watchdog says AI is making money launderers’ jobs easier. In a report issued Tuesday (May 12), the Australian Transaction Reports and Analysis Center (AUSTRAC) said the country’s money laundering, terrorism and proliferation financing (PF) risks are becoming more complicated and interwoven due to technology, globalization and...
Obol will begin offering its artificial intelligence-driven cash flow management platform in Australia in February. The company began accepting pre-release sign-ups from Australian businesses Monday (Jan. 12), it said in a Monday press release. “Australia represents a major milestone in Obol’s international expansion,” Obol Co-founder...
Australia, while a burgeoning mobile-first market, presents a paradox for financial institutions, FinTech innovators and payment providers. In the Land Down Under, there’s a population eager for digital convenience, particularly one-click checkout, but the demand often outstrips the pace of merchant adoption and technological readiness....
September 11, 2025
Australia, while a burgeoning mobile-first market, presents a paradox for financial institutions, FinTech innovators and payment providers. In the Land Down Under, there’s a population eager for digital convenience, particularly one-click checkout, but the demand often outstrips the pace of merchant adoption and technological readiness. According to the recent 2025 Global Digital Shopping Index: Australia […]
March 19, 2025
Chargebacks are a fact of life in commerce. Customers dispute transactions, money is kept back from merchants amid the dispute, and the card issuer determines whether the money should be...
March 11, 2025
As digital economies race to streamline the payment process, the checkout experience is at the forefront of change, with innovations around customer experience and security redefining how merchants and consumers...
February 03, 2025
For merchants the world over, the bid to improve eCommerce checkout — boosting sales as a result — is a bit of a tightrope walk. It’s critical to balance the...
August 24, 2026
Anthropic’s customers in Australia, who have been among the leading adopters of the company’s Claude artificial intelligence (AI) model, tend to use the tool for back-office tasks, the company’s country head said Monday (Aug. 24), Bloomberg reported. Speaking at a National Australia Bank Ltd. event, Theo Hourmouzis, general manager for Australia and New Zealand at Anthropic, said the share […]
May 12, 2026
Australia’s financial crime watchdog says AI is making money launderers’ jobs easier. In a report issued Tuesday (May 12), the Australian Transaction Reports and Analysis Center (AUSTRAC) said the country’s money laundering, terrorism and...
January 12, 2026
Obol will begin offering its artificial intelligence-driven cash flow management platform in Australia in February. The company began accepting pre-release sign-ups from Australian businesses Monday (Jan. 12), it said in...
June 23, 2025
Integrated payments and commerce technology firm Shift4 agreed to acquire Australian payments processor Smartpay. The $180 million deal is designed to deepen Shift4’s presence in Australia and New Zealand, Shift4...
