Australia

Today in FinTech: Volt Gives Up Bank License; Wells Fargo, Zelle Suit Dropped
Today in FinTech: Volt Gives Up Bank License; Wells Fargo, Zelle Suit Dropped
June 29, 2022  |  Technology

In today’s FinTech news, Aussie FinTech Airwallex is moving into New Zealand with its multi-currency digital wallets, while Aussie bank Volt hands back its license....

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Volt Exits Banking Sector; Will Return License, Funds 
Volt Exits Banking Sector; Will Return License, Funds 
June 29, 2022  |  Digital-First Banking

Australian challenger bank Volt is returning more than $100 million to its estimated 6,000 customers next week and handing its banking license back to regulators...

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Today in TechREG: Australian Regulator Targets Retail Giants for Facial Recognition Tech; French Lawmaker Urges Review of Binance’s License Approval
Today in TechREG: Australian Regulator Targets Retail Giants for Facial Recognition Tech; French Lawmaker Urges...
June 27, 2022  |  Regulation

Today in TechREG, regulators in Australia have received a formal complaint against the biggest retailers in the country for using a facial recognition technology that...

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The Data Point: Now Hear This — Voice Recognition Cut Australian Shopping Friction by 89%
The Data Point: Now Hear This — Voice Recognition Cut Australian Shopping Friction by 89%
June 20, 2022  |  Retail

Australia is both leading and lagging when it comes to the digital transformation of shopping, as the nation that arguably ignited the current buy now,...

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Today in TechREG: EU Faces Opposition for Digital Euro; Amazon Offers Remedies for EU Antitrust Fines
Today in TechREG: EU Faces Opposition for Digital Euro; Amazon Offers Remedies for EU Antitrust...
June 13, 2022  |  Regulation

Today in TechREG news, the European Commission will see the results (June 13) of a public consultation on the digital Euro and according to the...

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Airwallex Streamlines Invoice Payments with Expanded Xero Collaboration
Airwallex Streamlines Invoice Payments with Expanded Xero Collaboration
June 07, 2022  |  Partnerships

Payments platform Airwallex is moving forward with business invoice finance innovation by expanding and extending its long-term partnership with accounting software firm Xero through payment...

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2022 Global Digital Shopping Index Shows Australian Merchants Forced to Play Digital Catchup
2022 Global Digital Shopping Index Shows Australian Merchants Forced to Play Digital Catchup
June 06, 2022  |  eCommerce

Australian merchants are behind those in five other countries when it comes to digital feature innovation, according to “The 2022 Global Digital Shopping Playbook,” a...

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Today in TechREG: FinCEN Proposes Rulemaking For New Enforcement Tool
Today in TechREG: FinCEN Proposes Rulemaking For New Enforcement Tool
June 06, 2022  |  Regulation

Today, a court in Australia found Google liable for defamatory videos posted on its YouTube platforms targeting a senior politician. The court ordered Google to...

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Today in Food Commerce: Instacart Grows Ad Business; DoorDash Expands Its Presence Down Under
Today in Food Commerce: Instacart Grows Ad Business; DoorDash Expands Its Presence Down Under
May 27, 2022  |  Commerce

Today in food commerce, Instacart offers brands shoppable videos and updated shoppable ads, and DoorDash makes its offerings available to Kiwis. Plus, McKinney, who runs...

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