Australia - page 2

Fintech & Ecommerce

FinTech Startup Yeeld Partners With Airwallex to Accelerate Global Payments

Fintech startup Yeeld announced the beginning of cooperation with the financial company Airwallex in order to accelerate global payment operations and other transactions for customers.

Fintech & Ecommerce

Amazon’s Robot Workers to Manage Warehouse in Australia

The Australian branch of Amazon plans to move to the largest warehouse in this country.

Finance & Economics

Westpac Splits Consumer and Business Banking Unit

The combined Westpac business unit is going to be split into two, each with its own CEO

Society & Lifestyle

Australian Firm Facilitate Corp Sues Twitter

An Australian company that carries out project management activities has filed a lawsuit against Twitter in a US court.

News

Australia Threatens to Fine Twitter

The Australian cybersecurity regulator turned to Twitter, the current owner of which is billionaire Elon Musk, with a request to provide an explanation of the concept of this digital platform to combat the spread of materials that promote hate speech in the virtual space.

Blockchain & Crypto

Australian Bank Limits Transfers to Crypto Exchanges

Commonwealth Bank (CBA), the largest bank in Australia, would decline or put “certain payments to cryptocurrency exchanges” on a 24-hour hold, and limit crypto transfers

Fintech & Ecommerce

Australia Wants to End Check Payments

In Australia, the era of paper checks is gradually coming to an end.

News

Kasisto Introduces Banking-Specific LLM KAI-GPT

The KAI-GPT large language model (LLM) is designed to address the banking industry’s unique needs for accuracy, transparency, trustworthiness and customization

News

FinTech Australia and FDATA Call For CDR Roadmap

The leading Australian peak body of the fintech industry, FinTech Australia, and the global non-profit organization supporting open banking companies, FDATA, have published a joint appeal addressed to politicians calling for the creation of a roadmap for the implementation of consumer data rights (CDR).

Blockchain & Crypto

Reserve Bank of Australia Tests CBDC Use Cases in Pilot

In Australia, the Reserve Bank, in collaboration with the Digital Finance Cooperative Research Centre (DFCRC), demonstrated the potential use cases and economic benefits of the central bank’s digital currency (CBDC).

Science & Technology

Lululemon Adds Textile Recycling to Its Circularity Initiatives

Lululemon has directed a minority investment in the Australian waste recycling company Samsara Eco.

News

Westpac Bans Transfers to Binance

The Australian bank Westpac has blocked the possibility of financial operations for the transfer of funds to a division of Binance, which operates in Australia.

News

Revolut Has a New Offering for Australian Businesses

Besides a new offering for businesses in Australia, the crypto-friendly digital bank Revolut is still looking to secure a banking license to expand its services UK-based fintech firm Revolut has launched international payments-focused accounts for business clients in Australia, looking to create an app or platform where “people can manage their entire financial lives in […]

News

Australia Conducts First CBDC FX Transaction

In the framework of a live pilot for the country’s potential central bank digital currency (CBDC), Australia has made a historic FX blockchain transaction

Society & Lifestyle

Latitude Financial Refuses to Bow to Ransomware Demands

The Australian consumer creditor Latitude Financial has received a demand from criminals who carry out their illegal activities in the virtual space to redeem previously stolen data.

Fintech & Ecommerce

JCards Launches Time-Tracking App for Mobile Workforces

JCards has launched an application for tracking working hours, which is designed for mobile employees.