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Crypto Used To Launder Nearly Half Of Financial Scam Proceeds In Australia: Report
Thursday, August 17, 2023 - 9:19am | 537Cryptocurrency platforms in Australia are reportedly being used to launder nearly half of the proceeds from financial scams. That's according to the Australian Financial Crimes Exchange (AFCX), a non-profit organization that sourced data from the country's major banks. About 47% of the...
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NAB Places Strict Restrictions On Crypto As Australia Cyber Scam Epidemic Escalates
Monday, July 17, 2023 - 10:15am | 452National Australia Bank Ltd. (OTC: NABZY) has imposed restrictions on certain payments to crypto exchanges deemed as "high-risk," citing concerns over scams. This move aligns the bank with other major Australian firms that have also limited access to digital asset platforms due to similar...
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Startup Point Of Sale Operating System Poynt Raises $100M
Tuesday, November 13, 2018 - 12:34pm | 453Poynt, a startup that builds a point-of-sale operating system on which merchants can plug in third-party apps, has raised $100 million in venture capital funding from backers including Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG)'s Google Ventures, National Australia Bank, NYCA Partners and...
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Global Startup Crowdfunding Platform OurCrowd Expands To India, Australia
Thursday, June 8, 2017 - 2:02pm | 407OurCrowd, an equity crowdfunding platform that allows investors to invest in private companies, announced that it was expanding into some of the world’s largest markets this week. The company formally announced the launch of strategic partnerships with Reliance Private Client, a major wealth...