Tag
#fintech
Airwallex China staff move highlights US data risk
Airwallex China staff relocations show how US data rules are forcing Australian-founded fintechs to rework China-linked operations.
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.
ASIC fines Canva $792,000 over late accounts as filings show $US242m loss
ASIC has fined Canva Group A$792,000 over the late lodgement of its 2024 accounts, with each of four entities paying A$198,000. The long-delayed filings show the Sydney design software company posted a US$242 million net loss on revenue of US$2.1 billion.
ASIC sets June deadline for crypto exchanges as digital asset law nears commencement
ASIC has given Australian crypto exchanges until 30 June 2026 to begin licensing under existing financial services rules, ahead of the Corporations Amendment (Digital Assets Framework) Act 2026 commencing on 9 April 2027.
