Australia
🎉Australia🇦🇺: Digital banking surges thanks to the boom in mobile wallets Paid Members Public
🎉Australia🇦🇺: Digital banking surges thanks to the boom in mobile wallets According to the latest report by the Australian Banking Association (ABA), 99.3% of all transactions in the country now take place via digital channels. Here are some key figures: ▶️Since 2019, the volume of digital banking operations has
🎉Australia🇦🇺(and beyond): Banks launch a nationwide “confirmation of payee” scheme Paid Members Public
🎉Australia🇦🇺(and beyond): Banks launch a nationwide “confirmation of payee” scheme The system has been implemented to protect customers from scams and prevent money from reaching criminals. A similar solution is already operational in the UK🇬🇧. ➡️ The core element of the system is name-matching technology, in which $100 million USD
🕊 The U.S. fintech Stripe 🇺🇸 integrates the Chinese payment service WeChat Pay 🇨🇳 Paid Members Public
🕊 The U.S. fintech Stripe 🇺🇸 integrates the Chinese payment service WeChat Pay 🇨🇳 Stripe, the platform founded by the Collison brothers, will begin accepting payments via Weixin Pay (the official name of the wallet) in 20 countries. Until now, the service was available only for online transactions—and even then, not
📣 Kraken Expands Globally: Now Available in Canada 🇨🇦, Australia 🇦🇺, the UK 🇬🇧, and More Paid Members Public
📣 Kraken Expands Globally: Now Available in Canada 🇨🇦, Australia 🇦🇺, the UK 🇬🇧, and More Kraken continues its international expansion strategy: ➡️ In Canada, the platform has secured a restricted dealer registration. During the pre-registration process (PRU), the number of monthly active users doubled, and assets under custody surpassed CAD 2 billion. 🔸 Canadian clients
🦘 Australia 🇦🇺: new cryptocurrency regulation on the horizon Paid Members Public
🦘 Australia 🇦🇺: new cryptocurrency regulation on the horizon The regulation will impact operators, exchanges, digital asset platforms, as well as custodial services and brokers. ➡️ A statement from the Treasury mentions tokenization, real-world assets (RWA), and central bank digital currencies (CBDC) as part of a broader plan to modernize the financial system.
👀 Australia🇦🇺: AMP Bank and Mastercard will launch Numberless Debit Cards Paid Members Public
👀 Australia🇦🇺: AMP Bank and Mastercard will launch Numberless Debit Cards In a radical shift, one of Australia’s largest retail banks is introducing numberless cards, featuring only 4 digits on the back. ▶️ Goal: To offer a fully digital service, available exclusively through an app. While the 16-digit card number is
🇦🇺 Financial Titanic? Star Entertainment faces AU$200 million loss amid chaos! Paid Members Public
🇦🇺 Financial Titanic? Star Entertainment faces AU$200 million loss amid chaos! 🚨 Star Entertainment is facing a financial meltdown, with losses totaling AU$1.69 billion. Although they’ve secured a AU$200 million credit line, the company's future remains uncertain! 📉 Learn more: ➖ Massive Losses: AU$1.69 billion
☠️Australia 🇦🇺 bans the use of cryptocurrencies and credit cards for online gambling Paid Members Public
☠️Australia 🇦🇺 bans the use of cryptocurrencies and credit cards for online gambling It's similar to what's happening in Brazil 🇧🇷, where the regulator is taking strict measures. The restriction came into effect on Tuesday, June 11. ➖ The goal of the Australian regulator is to align online gambling