by admin | Feb 5, 2019 | News & Analysis
Independent Reserve has become Australia’s first insured cryptocurrency exchange, with coverage underwritten by Lloyd’s of London. Insurance covers the loss or theft of cryptocurrency from Independent Reserve trading accounts and is considered a...
by admin | Feb 4, 2019 | News & Analysis
Interesting opinion on online credit card fraud in Australia and who really pays. Approximately $500 million a year in losses are passed on to merchants thereby removing the incentive for banks to fix the problem....
by admin | Feb 2, 2019 | News & Analysis
Experts are warning of the threat posed by China’s use of artificial intelligence (AI) to develop a surveillance state, and say the risk of such authoritarian behaviour spreading to other parts of the world is increasing. Other experts warn the world needs to...
by admin | Feb 2, 2019 | News & Analysis
Digital currency exchanges, which let people trade online assets like bitcoin, must be registered with AUSTRAC. This gives the industry credibility, however reports of fraud and investor loss related to digital currencies continue....
by admin | Feb 1, 2019 | News & Analysis
Article describes the key shocks and revelations from the banking royal commission including the $1 billiion fees from no service scandal, charging dead people fees, the AMP scandal, witness collapses, aggressive sales tactics, drought stricken farmers, small business...
by admin | Feb 1, 2019 | News & Analysis
The United States justice charged China’s Huawei Technologies Co, its chief financial officer (Meng Wanzhou) and two affiliates with bank and wire fraud, obstructing justice and conspiring to steal trade secrets....