Novatti raises $10m for a banking licence

Ambitious fintech Novatti has closed the Series A funding round for its new banking business after raising A$10.5m from investors. It now needs regulatory approval for the new business before the end.. read more

ASIC moves on ME Bank, AMP in Fed Court

ASIC has filed charges against Members Equity Bank Limited in the Federal Court, alleging the bank made false or misleading statements. The corporate regulator is also taking action against AMP in the.. read more

Senators push for a crypto-friendly Australia

A Senate committee will examine the "relative sophistication" of Australia's regulations of cryptocurrencies and digital assets, compared to approaches taken in similar jurisdictions, among a raft of.. read more