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technology

14 March 2022 • By Maja Garaca Djurdjevic • 1 min read

Russia might use crypto to circumvent sanctions

While crypto has been providing a necessary lifeline for Ukraine, experts are concerned Russia might use it to circumvent sanctions and move money ...

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Sydney-based crypto platform Immutable valued at $2.5bn

Crypto platform Immutable is now valued at $2.5 billion. Sydney-based Immutable announced on Tuesday the closure of a $250 million funding round, ...

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Block outlines plans for Afterpay

Block and Afterpay have a goal to make the financial system “more fair and inclusive”. Block has declared gross profit growth of 62 per cent to ...

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MoneyMe cancels institutional placement

MoneyMe will not be proceeding with an earlier planned $20 million institutional placement. MoneyMe has decided to raise $25 million of funding to ...

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Big 4 banks invest in real-time direct debit platform Paypa Plane

Consumers will be able to make real-time payments to businesses directly from their bank accounts. Commonwealth Bank has partnered with fintech ...

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Meta’s crash worst in history, sparks unease

What started as grumblings of displeasure from investors led to the worst one-day crash in stock market history. Meta’s shares plummeted 26 per ...

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NAB expands digital messaging capability with new partnership

The bank has partnered with a customer engagement platform to deliver digital servicing and support. Customer engagement software company Khoros ...

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HUB24 reports record growth

The investment platform has reported healthy figures for the December quarter. On Wednesday, HUB24 announced that it had achieved record second ...

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Financial watchdogs to investigate debanking

The Council of Financial Regulators has formed a working group to probe debanking, following claims of banks cutting off their services to ...

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Start-ups are no match for existing technology-forward services firms

Tech savvy start-ups are no match for existing technology-forward services firms, an expert has said. According to Taimur Hyat, the chief operating ...

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