Work From Home Fuelling Fintech Cyberattacks
British financial firms have been warned to bolster their defences in the face of rocketing cyberattacks after employees began working from home.... Read More
Xero Shares Slide Despite Strong Year
Xero shares have tumbled more than 10 per cent at ASX opening despite continued revenue and subscriber growth. The New Zealand-based fintech... Read More
Afterpay Launch Savings Account In Westpac Deal
Buy-now-pay-later platform, Afterpay, has inked a deal with Westpac to launch a savings account from next financial year – the first major... Read More
Canberra’s New Push To Bring Tech To Small Biz
CANBERRA: Last night’s Federal Budget delivery by Australian Treasurer Josh Frydenberg, pictured, has shown that the Covid-19 pandemic that has affected all... Read More
ZipTel Swallows Fintech Outfit
SYDNEY: ZipTel has agreed to buy 100 percent of a fintech outfit dubbed Douugh – presumably pronounced “dough”, rather than “doo-ugg”. Once... Read More
PayPal Australia Under Compliance Audit
Local financial intelligence agency, Austrac, has reportedly ordered an audit of PayPal Australia after concerns of potential anti-money laundering law breaches. Austrac... Read More
CBA Take On Afterpay With Swedish Giant ‘Klarna’
The Commonwealth Bank of Australia has made a US$100 million investment in a Swedish buy now, pay later platform ‘Klarna’ as it... Read More
Afterpay Share Price Tumbles As AUSTRAC Orders Audit
UPDATE: Afterpay shares (ASX: APT) closed the day down just over 12 per cent. Shares in buy now, pay later service Afterpay... Read More
Afterpay In Regulator Crosshairs Over Compliance Issues
Buy-now-pay-later provider Afterpay has revealed federal regulators have raised issues over the potential for terrorism funding and money-laundering. Afterpay provided an update... Read More
New ‘Digital Banks’ Emerge To Challenge Australia’s Big Four
Australia has two new banks this week, both claiming to be either digitally or cloud-based and to offer a better experience than... Read More