westpac

Australian Banks Refund $19 Million to Low-Income Customers
Australian Banks Refund $19 Million to Low-Income Customers
July 15, 2024  |  Bank Regulation

Banks in Australia are issuing $19 million in refunds to low-income customers. The move follows an investigation by the Australian Securities and Investment Commission, which...

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Mastercard Brings Commercial Cards to Digital Wallets
Mastercard Brings Commercial Cards to Digital Wallets
April 18, 2024  |  Mastercard

Continuing the industry’s migration of business payments and expense management to digital platforms, Mastercard announced today (April 18) that it is bringing its commercial cards to mobile...

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Today in FinTech: Bloom Raises $376M; Competition Experts Weigh In; Klarna Shifts Game Plan
Today in FinTech: Bloom Raises $376M; Competition Experts Weigh In; Klarna Shifts Game Plan
May 26, 2022  |  Fintech Investments

In today’s FinTech news, Bloom raises money to fund digital startups, while experts weigh in on the disruption of cryptocurrencies. Plus, Klarna is eyeing short-term...

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Today in B2B: Embedded Finance Gaining Popularity; Nakad Raises $7M in Seed Funding
Today in B2B: Embedded Finance Gaining Popularity; Nakad Raises $7M in Seed Funding
May 26, 2022  |  B2B Payments

Today in B2B payments, Pemo launches an all-in-one spend management platform, while Westpac and 10x launch a transaction banking platform. Plus, JABU gets $15 million...

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10x, Westpac Unveil Transaction Banking Platform
10x, Westpac Unveil Transaction Banking Platform
May 26, 2022  |  Banking

FinTech 10x Banking is expanding its relationship with Banking-as-a-Service (BaaS) platform Westpac via the launch of a transaction banking platform for the bank’s institutional clients,...

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Bitcoin Daily: Hack Shuts Down Crypto Exchange Livecoin; Former Canadian Prime Minister Says Bitcoin May Be Reserve Currency In Future
Bitcoin Daily: Hack Shuts Down Crypto Exchange Livecoin; Former Canadian Prime Minister Says Bitcoin May...
January 18, 2021  |  Bitcoin

After announcing that it was hit by a cyberattack in December, Russian cryptocurrency exchange Livecoin announced in a note that it is shutting its business and...

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Aussie Regs Hit Westpac With Record $920M AML Fine
Aussie Regs Hit Westpac With Record $920M AML Fine
September 24, 2020  |  AML

Australian banking giant Westpac has agreed to a massive fine of $920 million ($1.3 million in Australian dollars) in a bid to put a money-laundering...

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Westpac Chief Exits Amid Money Laundering Accusations
Westpac Chief Exits Amid Money Laundering Accusations
November 26, 2019  |  Personnel

Australia’s Westpac Banking Corporation announced that its CEO is stepping down after the bank was hit with money laundering accusations. The country’s second-largest retail bank...

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Top News In Payments: BB&T, SunTrust Receive Approval For Merger; Wells Fargo Rolls Out RTP Integration
Top News In Payments: BB&T, SunTrust Receive Approval For Merger; Wells Fargo Rolls Out RTP...
November 20, 2019  |  News

In today’s top payments news, SunTrust and BB&T have announced that they have received the regulatory green light to finish their merger to become Truist Financial...

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