Australia

Australia’s Watchdog Hauls Meta to Court Over Alleged Scam Crypto Ads
Australia’s Watchdog Hauls Meta to Court Over Alleged Scam Crypto Ads
March 18, 2022  |  Cryptocurrency

Australia’s competition watchdog is taking Facebook parent Meta Platforms Inc. and Meta Platforms Ireland Ltd. to federal court over allegations of publishing scam advertisements for...

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Australian Regulator Rebuffs Updates to ePayments Code
Australian Regulator Rebuffs Updates to ePayments Code
March 08, 2022  |  International

An Australian regulator said the country’s banking industry has not convinced it to let banks impose new security measures for customers using online banking. The...

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Zeller Bank Becomes Unicorn with Latest $100M Funding
Zeller Bank Becomes Unicorn with Latest $100M Funding
March 04, 2022  |  Investments

Australian digital business bank Zeller raised $100 million in a Series B funding round that gave the startup a $1 billion valuation and brought its...

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Australia’s Biggest Casino Operator Accused of Breaching Money Laundering Laws
Australia’s Biggest Casino Operator Accused of Breaching Money Laundering Laws
March 01, 2022  |  AML

Crown Resorts, Australia’s largest casino operator, is accused of violating money-laundering mandates in a lawsuit filed by the country’s financial watchdog in federal court on...

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Australia Is Moving Against ‘Uberisation’ of Workers With New Gig-Economy Rules 
Australia Is Moving Against ‘Uberisation’ of Workers With New Gig-Economy Rules 
February 15, 2022  |  Gig Economy

The Senate Committee that is looking into Australia’s gig economy published its fourth interim report on February 11, suggesting that more changes are needed to...

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Criminal Charges Against Deutsche Bank, Citigroup Dropped in Australian Banking Cartel Case
Criminal Charges Against Deutsche Bank, Citigroup Dropped in Australian Banking Cartel Case
February 11, 2022  |  Legal

Federal prosecutors on Friday (Feb. 11) dropped criminal charges against Citigroup, Deutsche Bank and four senior bankers related to a “significant cartel case” by the...

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RBC Looks To Sell Australia’s Student Payments Platform Cohort Go
RBC Looks To Sell Australia’s Student Payments Platform Cohort Go
January 31, 2022  |  Acquisitions

RBC Capital Markets will auction off global payments platform business Cohort Go, a report says. Cohort Go, based in Brisbane, helps international students pay costs...

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Aussie FinTech Startup Airwallex Rolls Out Payments Services in Singapore
Aussie FinTech Startup Airwallex Rolls Out Payments Services in Singapore
January 13, 2022  |  Cross-border Payments

FinTech platform Airwallex is officially introducing payment services in Singapore after being granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore...

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National Australia Bank Acquires Digital Health Claims Platform LanternPay
National Australia Bank Acquires Digital Health Claims Platform LanternPay
January 13, 2022  |  Acquisitions

National Australia Bank is acquiring digital health claims startup LanternPay, the latest salvo in an ongoing battle for supremacy in the $120 billion health payments...

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