Australian news and trends

CBA, Westpac, NAB Launch Free Mobile App for Consumers And Small Businesses
Mobile Applications // October 31, 2017

Commonwealth Bank of Australia, Westpac and National Australia Bank have teamed up to build the next generation of mobile payments and wallets in Australia, starting with a new mobile app. The free app, called Beem, will enable instant payments for all Australians, including small businesses, regardless...

Australia Blames eCommerce, Bitcoin For Uptick In Organized Crime
Security & Fraud // August 25, 2017

Australia is blaming the growth in online banking and digital currencies like Bitcoin for a huge increase in organized crime in the country’s financial sector. According to a Finextra news article, citing a report by the Australian Criminal Intelligence Commission (ACIC), the government agency estimated money...

Australia Moves To Reform Digital Currency Laws
Digital Payments // August 21, 2017

Digital currency is becoming one of the more pervasive forces pushing its way into all industries. As cryptocurrencies like bitcoin, Bitcoin Cash and Ethereum become more popular, governments around the world are trying their best to figure out what the next best steps are in...

How The Cost-Conscious Aussie SME Approaches Innovative Tech
B2B Payments // August 01, 2017

Small businesses may be interested in innovative technologies, but only a few are willing to make the leap — and the investment — necessary to actually implement tools into their businesses. The latest research from the SMB Technology Adoption Index, for example, revealed news that just 13...

Quick Reads
Bitcoin Daily: Australian Crypto Fraudsters Racked Up $4.3M In 2018; Regs Tells Finland Crypto Companies...

April 30, 2019
Billionaire Michael Novogratz’s cryptocurrency investment firm lost $272.7 million during its first year of operations. Galaxy Digital Holding revealed that it had $249.1 million in digital assets and investments as of Dec. 31, compared to the $323 million at the end of September. The decrease was mainly due to $48.7 million of net realized losses […]

CBA, Westpac, NAB Launch Free Mobile App for Consumers And Small Businesses

October 31, 2017
Commonwealth Bank of Australia, Westpac and National Australia Bank have teamed up to build the next generation of mobile payments and wallets in Australia, starting with a new mobile app. The...

Australia Blames eCommerce, Bitcoin For Uptick In Organized Crime

August 25, 2017
Australia is blaming the growth in online banking and digital currencies like Bitcoin for a huge increase in organized crime in the country’s financial sector. According to a Finextra news article,...

Australia Moves To Reform Digital Currency Laws

August 21, 2017
Digital currency is becoming one of the more pervasive forces pushing its way into all industries. As cryptocurrencies like bitcoin, Bitcoin Cash and Ethereum become more popular, governments around the...