NatWest Bank and National Australia Bank (NAB) of Australia announced the need to consider the possibility of creating an organization in the Australian financial system like the British OBIE, which would help ensure the maximum level of efficiency of interaction between industry representatives and regulatory authorities.
Shift, a provider of credit and payment platforms for Australian businesses, has attracted investments in the amount of AUD$27 million following the results of the Series C financing round.
Westpac is giving credit card owners the opportunity to pay off their bills in four monthly BNPL instalments
The Australian operator BNPL Openpay declared bankruptcy a few days after reports of a record quarterly profit.
Australia’s national regulators have identified four major products in the crypto sector.
The National Bank of Australia plans to issue stablecoin in the summer of 2023.
Tech startups across the globe are now facing a massive drain of funding from the segment. The total number of startups has also significantly declined. Why does it happen, and what to expect next?
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