Australia

Australia’s Financial Regulators Endorse Treasurer’s Plan for Crypto, Payment Reform
Australia’s Financial Regulators Endorse Treasurer’s Plan for Crypto, Payment Reform
December 16, 2021  |  Regulation

The Council of Financial Regulators released on Thursday (Dec. 16) its quarterly statement, where it endorsed the treasurer’s plans for a major reform in the...

READ MORE >
Australian Banks Debut Quarterly Reliability Reports for Retail Payments 
Australian Banks Debut Quarterly Reliability Reports for Retail Payments 
November 16, 2021  |  International

The Reserve Bank of Australia (RBA) recently unveiled its first quarterly reliability report on banking payment services for households and businesses, part of an effort...

READ MORE >
Australian Watchdog Probes Commonwealth Bank’s Move into Crypto
Australian Watchdog Probes Commonwealth Bank’s Move into Crypto
November 05, 2021  |  Cryptocurrency

Australia’s banking watchdog is taking a closer look into the decision by the Commonwealth Bank of Australia (CBA), the country’s largest lender, to move into...

READ MORE >
BNPL Firms in Australia Can’t Block Merchant Surcharges 
BNPL Firms in Australia Can’t Block Merchant Surcharges 
October 22, 2021  |  Regulation

The Reserve Bank of Australia on Friday (Oct. 22) said buy now, pay later (BNPL) companies can’t stop merchants across the country from implementing surcharges...

READ MORE >
Salsify Acquires SKUvantage for Australian Expansion
Salsify Acquires SKUvantage for Australian Expansion
October 20, 2021  |  Retail

Commerce experience management platform Salsify announced on Wednesday (Oct. 20) that it has acquired Australia-based SKUvantage, which offers products and services to help retailers, distributors...

READ MORE >
Archa FinTech to Debut Smart Business Credit Card in Australia
Archa FinTech to Debut Smart Business Credit Card in Australia
October 10, 2021  |  B2B Payments

Archa, the FinTech and ex-consumer neo bank, has now announced plans to roll out a smart business credit card and spend management platform that will...

READ MORE >
Australian Government Considers Holding Social Media Firms Responsible for User-Posted Content
Australian Government Considers Holding Social Media Firms Responsible for User-Posted Content
October 10, 2021  |  Regulation

Social media companies such as Facebook and Twitter may be made more responsible for defamatory material published on their platforms if measures being considered by...

READ MORE >
Judo Bank Sees Strong Investor Interest for $1.7B Sydney IPO
Judo Bank Sees Strong Investor Interest for $1.7B Sydney IPO
October 10, 2021  |  IPO

Judo Bank, an Australian challenger bank centered on providing loans to small and medium-sized enterprises, is aiming to raise around A$653 million, or about $477...

READ MORE >
Visa Installments Head Down Under With ANZ, Quest Payment Partnership
Visa Installments Head Down Under With ANZ, Quest Payment Partnership
October 07, 2021  |  Buy Now Pay Later

Visa has expanded its Visa Installments program in Australia, partnering with financial institution ANZ as well as merchant payment provider Quest, which will help shoppers...

READ MORE >