fintech

CBA’s x15ventures Set to Lead in Fintech AI Innovation

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CBA’s x15ventures Set to Lead in Fintech AI Innovation

On Aug. 20, the Commonwealth Bank of Australia’s venture-scaling arm, x15ventures, will close applications for its annual Xccelerate program — an opportunity for tech startups to win a $250,000 investment into their company. The competition reflects the CBA’s broader efforts to establish itself as a dominant force in fintech AI. The bank’s initiatives, including its partnership with Microsoft and the work of x15ventures, highlight its intent to replicate the success of its ambitious digital transformation…

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Recap from Singapore FinTech Festival

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Recap from Singapore FinTech Festival

This was my first time attending the Singapore FinTech Festival and I thoroughly enjoyed my time at the conference, chatting with colleagues, listening to sessions, and visiting booths. It was great to see financial services innovations in this part of the world which tends to be a leader as compared to my western centric view and experience of finance. The conference was started in 2016 by the Monetary Authority of Singapore and has been held…

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IT Pros in Australian Crypto Need to Brace for Regulation

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IT Pros in Australian Crypto Need to Brace for Regulation

The Australian government is moving towards regulating cryptocurrency, with a focus on those involved in developing and maintaining crypto platforms. Bitcoin crypto currency coin with cracked Australia flag. Crypto restrictions. Australia’s Treasury Department recently released a proposal paper on regulating digital asset platforms, aiming to support innovation while addressing consumer harms associated with digital assets. The collapse of FTX, which affected over 50,000 Australian consumers, was cited as an example of the vulnerabilities of intermediaries….

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