Australia

Australian Gov’t Discloses Attack On Parliament Computer Network
Australian Gov’t Discloses Attack On Parliament Computer Network
February 18, 2019  |  Security & Fraud

The Australian government has disclosed that it was the victim of a cyber attack and said the government suspects a state actor, according to a...

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Down Under, Supermarkets Combat Late Payments
Down Under, Supermarkets Combat Late Payments
February 18, 2019  |  B2B Payments

In Australia, large supermarket chains are among the firms combatting late payments, and adhering to a supplier payment code. In the U.S., the government shutdown impact...

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Intuit Study: A Third Of Small Businesses Grapple With Late Payments
Intuit Study: A Third Of Small Businesses Grapple With Late Payments
February 11, 2019  |  B2B Payments

Cash flow is steady when accounts payable and accounts receivable are well managed. Hiccups in accounts receivable — such as not getting paid on time —...

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NAB CEO, Chairman To Step Down Amid Performance Criticism
NAB CEO, Chairman To Step Down Amid Performance Criticism
February 07, 2019  |  Bank Regulation

National Australia Bank chief executive Andrew Thorburn and chairman Ken Henry are leaving amid criticism of their leadership at the bank. The Financial Times, citing...

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Australia Commission: Tighter Regulation Not The Right Move For SMB Lending Misconduct
Australia Commission: Tighter Regulation Not The Right Move For SMB Lending Misconduct
February 05, 2019  |  B2B Payments

The Australian government is taking major steps toward overhauling the nation’s banking industry amid revelations of misconduct by top financial institutions (FIs), but small businesses...

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Australian Reg: Banks Need More Competition
Australian Reg: Banks Need More Competition
February 03, 2019  |  Bank Regulation

Australia’s competition regulator is going after the banking industry in the country, vowing to punish what it claims is misconduct, reported The Financial Times. The...

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Aussie Lawmaker Calls For Mandatory Timely Supplier Payments
Aussie Lawmaker Calls For Mandatory Timely Supplier Payments
January 29, 2019  |  B2B Payments

Australian Senator Pauline Hanson is urging the government to adopt mandatory, timely B2B payments for small suppliers, reports in The Australian said on Monday (Jan....

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Japan, Australia Back X-Border eCommerce Data Regulation
Japan, Australia Back X-Border eCommerce Data Regulation
January 25, 2019  |  Regulation

More than 70 nations are planning to restart World Trade Organization talks in an effort to create a standard set of rules to govern the...

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SWIFT Messages Hit All-Time High, Driven By gpi Adoption
SWIFT Messages Hit All-Time High, Driven By gpi Adoption
January 23, 2019  |  Digital Banking

SWIFT, a leader in secure financial messaging services, said that it facilitated an average of 31 million messages a day in 2018, an increase of...

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