by admin | Jan 28, 2020 | News & Analysis
Treasurer Josh Frydenberg, is looking into closing a loophole that allows financial advisers or stockbrokers to receive lucrative commissions, for selling poorly performing listed investment funds to mum and dad investors....
by admin | Jan 28, 2020 | News & Analysis
The Australian Privacy Commissioner has launched an inquiry into “Clearview AI”, a facial recognition app. It claims that by using a photo of a suspect the App could find other images and information about them across the internet. The app has led to serious concerns...
by admin | Jan 28, 2020 | News & Analysis
Its up to the Australian regulators to make sure that digital crypto currency transactions grow and are ‘safe’. Australia is now considering the launch of its own, Reserve Bank-regulated cryptocurrency – CBDC (Central Bank Digital Cryptocurrency)....
by admin | Jan 27, 2020 | News & Analysis
The Commonwealth Bank has argued that greater access to public and private data (like ATO data) could help to reduce fraud, regulatory costs and credit risks. This is part of the new ‘open banking’ system that will allow consumers to securely share bank-held financial...
by admin | Jan 25, 2020 | News & Analysis
A 75-year old woman lost her life savings to a Bitcoin investment scam being advertised on Microsoft-owned MSN.com. MSN is addressing techniques to detect, block and remove fraudulent advertisement. Ads for similar scams are also appearing on other trusted...
by admin | Jan 25, 2020 | News & Analysis
London already has one of the highest concentrations of CCTV cameras in the world and now new ‘facial recognition’ cameras will scan the faces of people passing through small targeted areas. Rights groups say it threatens civil liberties and represents an expansion of...
