Section
Fintech
CommBank AI business loans tool moves into credit workflow
CommBank is preparing an AI companion for business-loan applications, moving generative AI into a customer-facing part of the lending process.
Ethereum Foundation departures test Ethereum's stewardship model
Ethereum Foundation departures have reopened questions about Ethereum's governance, execution pace and who carries the roadmap from here.
Project Acacia turns tokenised finance into a live Australian market trial
Project Acacia has moved Australia's tokenised-finance debate out of crypto rhetoric and into supervised tests of wholesale settlement, collateral and digital money.
Ethereum Foundation exits: what researcher exodus means
Ethereum Foundation exits are testing whether Ethereum's research core is decentralising by design or losing coordination as protocol work shifts outward.
Kraken reportedly cuts 150 staff as AI gains and IPO window slips
Bloomberg reported Kraken cut about 150 staff after AI tools improved efficiency, while Reuters earlier reported the exchange had frozen IPO plans.
Australian investors pour $1.5 billion into US tech ETFs in 2026
Australian capital is racing into US tech ETFs at a record pace, with $1.5 billion in inflows year-to-date and $230 million in May alone. Fund managers say the AI earnings cycle is the driver — but the concentration of gains in a handful of stocks is giving some investors pause.
Wise launches family travel cards, group spending tools for Australian users
Wise has introduced Young Explorers cards for children aged six to 17, shared group balances and PayID support for Australian customers. The features target financial stress among travellers, with 67 per cent reporting money anxiety on their last overseas trip.
APRA warns mortgage brokers on AI risk as CBA scales fraud-detection agent
APRA has told lenders and brokers AI-driven fraud is a board-level prudential risk, after Commonwealth Bank scaled an in-house fraud-detection agent and industry mortgage fraud hit about $A3 billion.
