Traditional checks verify an identity exists but do not confirm whether the person claiming to own the identity is the real ...

How bizarre. The House Economics Committee has seriosuly banks consider lodging a new application with the ACCC to pursue ...

Judo Bank yesterday shocked the market with news of a hike in provisions, and a hike in what it terms ‘cost of risk’, via ...

With regulated entities potentially switching from KPMG as their external auditor after this year’s 30 June work is done, ...

The bundling of payments processing with integrated Point of Sale platforms, or rather how best to go about unbundling these ...

Dating apps, standalone online marketplaces and crypto exchanges are out of scope under the proposed Scams Prevention ...

KPMG Australia is carrying $557 million in debt borrowed from NAB and DBS. That is roughly $815,000 per partner. The annual cash distribution to partners, and the nature of accrual accounting profit ...

One year on from joining Vencora, Data Action has celebrated 40 years supporting Australia’s banking and financial sector with technology capabilities. It remains headquartered in Adelaide, and ...

In an appeal brought by ASIC, the High Court has unanimously found that the fixed-yield digital asset product ‘Earner’ offered by Block Earner was a financial product, and that Block Earner ...

Card acquirers must directly manage the technical uplift of POS hardware on behalf of their merchants to comply with the updated AS2805 Australian Standard for electronic funds transfer, used ...

Westpac plans to slash the number of products offered via its consumer bank, but will proceed slowly. From 227 consumer banking products today, the bank aims to reduce this to fewer than 35. By 2029, ...

Last week Prague hosted the biggest bitcoin event in Europe, called BTC Prague, which has been held annually since 2022 (bitcoin’s bear year). Blockrise CEO Jos Lazet took to the stage and delivered a ...