Tag: Australia
HSBC Australia signs new deal with Identitii
HSBC Australia has signed a new license with Identitii, a blockchain and tokenisation platform that supplies data needed to process, reconcile, and report on payments.
Why Australia is seeing a rise in challenger banks
Digital banks are on the rise Down Under. However, competing with the big four banks won’t be a walk in the park.
What does it mean that the Australian anti-money laundering watchdog has...
The Australian Transaction Reports and Analysis Centre (AUSTRAC) is experiencing a spike in companies disclosing breaches to anti-money laundering (AML) rules. But experts believe more needs to be done.
Vectra launches Asia Pacific operations with opening of Sydney office
Vectra, a network threat detection and response platform, has launched operations in the Asia Pacific region, months after Series E round close.
AMP Bank and HSBC Australia delay NPP rollout for at least...
Australia New Payments Platform (NPP) went live in February 2018. However, two big banks have now delayed their rollout by at least another year.
Australia’s police charge 5 people for crypto fraud and money laundering
Australia’s financial and cyber crime group has charged five people in conjunction with fraud and money laundering of cryptocurrency.
APRA chairman blames Australian finance sector’s trust crisis on failure to...
Wayne Byres is the chairman of the Australian Prudential Regulation Authority (APRA) and has just urged the country’s financial services leaders to step up and take responsibility for their actions.
InsurTech Gateway launches in Australia, eyeing B2B2C opportunities
InsurTech Gateway has launched its operations in Australia and is eyeing up the country’s strong B2B2C subsector.
POS finaincng service Payright raises $27m in its Series D
Payright, a buy now and pay later service, has raised $27m in a Series D round to support the expansion of its loan book.
Investment platform Jacobi closes AUD $11m investment
Cloud-based investment platform Jacobi has closed a funding round on AUD $11m ($7.6m) from several US investors.