While cash was once king on a global stage, digitization is marching forward, and quickly. Case in point: Australia, where cash still has a prominent...
In the 26 years of continued economic growth in Australia, cash has continued to play an imperative role. In 2016 alone, Australian consumers and businesses...
Australia’s alternative finance community has vowed to heighten transparency following criticism over Prospa‘s high interest rates, which caused the FinTech to scrap its initial public...
Australia’s crackdown of the banking sector continues, this time with regulators’ latest probe into financial institutions’ (FIs) lending practices with small farmers. The inquiry begins...
Financial firms have their work cut out for them when battling the bad guys, trying ensure that funds go where they need to go, and...
Days after Australian alternative lending platform Prospa delayed its Initial Public Offering (IPO) indefinitely, one of its bank partners, Westpac, announced it was ending its...
Chatbots are already being used in a variety of industries — and now those in the legal industry are finding ways to experiment with artificial...
After applying for a banking license in Europe, Revolut plans to apply for one in United States in the near future. Chief Executive Officer Nikolay...
The Commonwealth Bank of Australia (CBA) has formally agreed to a record fine of A$700 million ($529.3 million) in the hopes of bringing to an end...