Bank of Australia stories

CommBank deploys agentic AI to uncover emerging fraud and scam patterns, generating detection rules across 80 million daily payment signals.

CommBank's new FX Barometer finds Australian companies and superannuation funds are hedging heavily, with exporters covering 86 per cent of exposure.

Persona taps ConnectID to let Australian firms verify users' ages through banks, avoiding passport uploads as child-safety rules tighten.

PayNuts widens its Australian SME offer with a new POS platform and partner services as RBA payment reforms heap pressure on fee-based models.

Mastercard and Lobster.cash to let OpenClaw users authorise AI agents to spend on existing cards, backed by Verifiable Intent.

Australian fintech Zeller enters Britain as small merchants face rising card costs, betting on faster onboarding and lower fees to win market share.

Australian business and household sentiment slumped after fuel costs jumped, with CreditorWatch warning of rising insolvency risks if oil markets stay strained.

RMS adds direct bank payments through GoCardless as Australian hotels brace for Reserve Bank reforms that could ban card surcharges and lift merchant costs.

CommBank research finds staff are more likely than managers to spot workplace scams, as email-based payment redirection fraud keeps hitting Australian firms.

David Hyman's monō ai opens for enterprise clients as it targets the gap between AI pilots and full-scale deployment across established businesses.

Australian residential building approvals surged in February, driven by a volatile apartment rebound, but higher rates and energy costs threaten builders.

Australia's central bank will outlaw card surcharges and squeeze interchange fees, forcing merchants, banks and payment firms to rethink costs.

Australia's fintech sector could add AUD $37 billion to GDP and hit AUD $71 billion in revenue by 2035, if capital and policy align.

Anthropic will open a Sydney office within weeks, expanding its Asia-Pacific footprint and deepening AI partnerships in Australia and New Zealand.

Xero launches AI-driven analytics and cash flow forecasting in ANZ, aiming to help small firms anticipate shocks and plan with richer data.

Ripple seeks to secure an Australian Financial Services Licence via BC Payments deal, aiming to scale regulated cross‑border payments in APAC.

Anthropic will open a Sydney office as its ANZ hub, deepening Claude AI partnerships and exploring local compute capacity in Australia.

Warehouse automation shifts from a discretionary cost play to a strategic necessity as labour shortages and weak productivity squeeze ANZ firms.

Colter Bay launches Australian private credit fund with AUD $100m facility to plug an estimated AUD $25bn lower mid-market funding gap.

Swift enlists over 50 banks to launch common rules for faster, clearer cross-border retail payments, with first flows live by June.