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Inside trade finance fraud: risks, losses, and recovery

Trade finance is the engine behind approximately 80% of global trade, supporting more than $25tn in annual transactions. Its role is vital in reducing...

ANZ fined record $240m for misconduct by Asic

ANZ is facing the largest set of penalties ever imposed by the ASIC after the regulator accused the lender of serious misconduct in both...

Swift pilots AI model to cut cross-border fraud

Swift has reported strong results from a series of AI-driven experiments designed to accelerate fraud detection in international payments, highlighting the potential of cross-border...

ANZ unveils instant account lock against fraud

ANZ has officially launched its Digital Padlock feature, designed to give customers instant control if they suspect their accounts are under attack.

Australia unveils green finance taxonomy for net zero push

Australia has taken a significant step forward in its sustainability journey with the release of its national sustainable finance taxonomy, developed by the Australian Sustainable Finance Institute (ASFI). This marks a major milestone in aligning the country’s financial sector with its net zero ambitions.

ANZ rolls out password-less web banking to fight scams and boost...

ANZ is set to become the first bank in Australia to launch a completely password-free web banking experience, with the rollout of Password-less Web Banking for its digital platform, ANZ Plus, expected in mid-2025.

ANZ slapped with A$236m in fines and repayments

Australia and New Zealand Banking Group (ANZ) has been ordered to repay A$211m to customers and has been fined A$25m.

Data Republic closes $22m Series B led by Singtel

Data Republic, a platform for securely transferring data between organisations, has raised $22m in its Series B.

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