Transfers to crypto exchanges beyond A$10,000 will be declined. In some cases, certain payments to crypto exchanges will be held for up to 24 hours, regardless of the amount.
August 8, 2023The ACCC said a merger between Bendigo and Adelaide Bank and Suncorp would be a better outcome.
August 7, 2023Westpac and CBA used a CBDC to execute trades with certificates of deposit. Imperium Markets hosted the trades on its marketplace.
July 26, 2023CBA deputy CEO David Cohen warned of a "moral hazard trap". ANZ CEO Shayne Elliott said the UK voluntary code model wouldn't stop scams.
July 14, 2023AUSTRAC discourages the "indiscriminate and widespread closure of accounts across entire industries".
June 28, 2023Digital currency exchanges have to meet additional requirements to continue using services on Cuscal's platform.
June 22, 2023Caroline Bowler, head of BTC Markets, warns that the move could push crypto investors to overseas platforms that have fewer protections.
June 9, 2023CBA sent more than 65 million emails that did not comply with Australia’s spam laws, the ACMA said on Wednesday.
June 9, 2023Only 13 percent of scam payments made by customers were detected and stopped by the big four banks. Customers were "overwhelmingly" the bearer of scam losses.
April 20, 2023As of end December, the major banks paid or offered to pay almost AUD 4.7 billion (USD 4.2 billion) in compensation to over 1.6 million customers.
March 15, 2023