Anti-money laundering pros find expanding uses for AI, but adoption remains slow
Using AI technology in anti-money laundering processes has become critical for financial institutions as they work to comply with regulations and combat financial crime.
Stryd recruits Cheok Lee as Head of Product to boost broker and lender offerings
Stryd has recruited Cheok Lee as Head of Product, as it continues to boost its digital data-led solutions for mortgage brokers, aggregators and lenders.
Bizcap joins AFG’s lending panel to expand SME financing options
Bizcap has joined the Australian Finance Group’s (AFG) lending panel, giving brokers greater access to funding solutions for SMEs.
Wisr delivers EBITDA profitability on increased loan originations
Wisr has delivered EBITDA of $0.8 million, driven by continued Net Interest Margin expansion from front book repricing initiatives and improved funding margins.
ASX-listed Earlypay announce increased net profit and cash flow
ASX-listed Earlypay’s half-yearly net profit is up 24% to $2.6 million and operating cash flow of $4.8 million is up 186%.
Backbase and MeaWallet partner to transform digital payment security in Australia and New Zealand
Backbase have announced a strategic partnership with MeaWallet to addresses the growing demand for secure, seamless digital payment security experiences.
Australian FinTech hits 50,000 social media followers
Australian FinTech, the #1 source of fintech news and information in Australia, has just reached 50,000 social media followers.
CME Group and DTCC to enhance existing cross-margining arrangement, extending benefits to end users by December 2025
CME Group and The Depository Trust & Clearing Corporation (DTCC) today confirmed plans to expand their existing cross-margining arrangement.
