Tag: Westpac

Australians are most likely to fall victim to scams on Tuesday afternoons at 4pm, according to new data released by Westpac. The bank’s latest...

Australia has officially launched its sustainable finance taxonomy, a key development designed to align the country’s financial system with its net zero ambitions.

Westpac has launched a new AI-powered call assistant designed to help frontline staff detect scams in real-time during customer calls. The development of this AI tool...

Kasisto, the innovator behind KAI, the premier conversational AI platform for the financial services sector, has recently strengthened its leadership team by appointing Don Layden as Executive Chairman of its Board of Directors.

Rich Data, an Australian-based AI decisioning platform for business and commercial lenders, has recently secured a $9m investment.

Overall there were five new unicorns announced across all sectors in September 2023 with one being FinTech, a 20% share of new unicorns. Kin Insurance,...

Westpac has announced the launch of new digital payment security features to help combat scam losses.

Kasisto, which offers digital assistants, has raised $15.5m in its Series C extension round, which was led by Fidelity Information Services and Westpac Banking Corporation.

Australian bank Westpac has been fined $40m after it was founded to have charged fees to over 11,800 deceased individuals.

The total volume of fines levied against firms for breaking money laundering, data privacy, MiFID and know your customer rules jumped by 141% and amounted to $10.4bn in total so far this year.