Australia

Cover Genius Acquires Embedded Warranty Provider Clyde

Cover Genius, an Australian insurtech for embedded protection, announced that it has acquired US-based embedded warranty provider, Clyde Technologies. Details of the transaction was not disclosed. The insurtech said that the assets acquired will assist its continued expansion into the

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Payments Firm Nuvei Launches in Australia to Strengthen Global Footprint

Canadian payments company Nuvei has launched its services in Australia as it continues growing its APAC presence following its expansion to Singapore and Hong Kong last year. Australian businesses will have access to Nuvei’s full suite of payments solutions including

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Australian Central Bank Set to Launch CBDC Live Pilot in a Few Months

The Reserve Bank of Australia (RBA) will be launching its live central bank digital currency (CBDC) pilot in the next few months. The central bank has been collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project

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ShopBack Extends Series F With US$30 Million From Westpac

Shopping and rewards platform ShopBack has extended its Series F fundraise yet again with an investment of US$30 million (AU$44 million) from Australian multinational banking and financial services company Westpac. Shopback begun its Series F raise in June with US$80

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Australia vs New Zealand Payment Tech & What’s New in 2023

Australia and New Zealand. Two nations so alike, but in other ways so different; an antipodean version of the US and Canada, or England and Ireland. Finance forms one of those key differences, but the differences seen now are likely

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The Australian Pavillion Returns to Singapore Fintech Festival — Here’s What to Expect

The Australia Pavilion returns for the first in-person SFF since 2019 and Australian Trade and Investment Commission (Austrade) is gearing up an extensive programme for visitors to look forward to at the upcoming Singapore Fintech Festival (SFF). Joining Austrade as co-exhibitors

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Australia to Explore Potential for Retail and Wholesale CBDCs

The Reserve Bank of Australia (RBA) is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) to explore use cases for a central bank digital currency (CBDC). The (DFCRC) is a 10-year, A$180 million research programme funded by industry partners,

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Australian Central Bank Begins CDBC Pilot to Explore Its Use Cases

The Reserve Bank of Australia is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project to explore use cases for a central bank digital currency (CBDC). The DFCRC is a 10-year, AUD$180 million research program funded

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Syfe Officially Launches in Australia, Offers Digital Brokerage Services

Singaporean robo advisor Syfe announced that it has officially launched in Australia, its third market after Hong Kong in the last quarter. Syfe will first roll out its digital brokerage offering and has built a unique offering for investing into

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Why and How to Use VPN for Banking

Thanks to powerful internet technologies, we live in an age where monetary transactions can be executed within seconds. Banks now offer online banking services that make the customer experience easier. You no longer have to wait in long lines to

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