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Australian police are using the Clearview AI facial recognition system with no accountability – 7 March 2020
Australian police agencies are reportedly using Clearview AI, a private, unaccountable facial recognition service that combines machine learning and wide-ranging data-gathering practices, to identify members of the public from online photographs. The system raises concerns over system’s privacy implications and the legality of the web-scraping used to build the database.
Full Federal Court rips into Deloitte appeal – 3 March 2020
A partner of Deloitte Reuben Saayman, successfully claimed the right against self incrimination , to stop the handing over of audit papers, as part of a landmark class action over the quality of the firm’s audit work, of collapsed construction firm Hastie.
https://www.accountantsdaily.com.au/business/14092-full-federal-court-rips-into-deloitte-appeal
Why You Shouldn’t Lie On A Home Loan Application – 3 March 2020
Most people don’t realise that lying on your loan applications is ‘fraud’ and you can be prosecuted. Since the Royal Commission into banking lenders, big banks are now able to see statements from other banks when examining a loan application making it harder than ever to fudge the numbers.
https://www.lifehacker.com.au/2020/03/why-you-shouldnt-lie-on-a-home-loan-application/
ASIC confirms iSignthis probe amid queries over CEO’s shareholding – 2 March 2020
ASIC is formally investigating the billion-dollar “technical giant ‘ iSignthis’ due to significant discrepancies in the shareholdings of chief executive John Karantzis. ISignthis, which provides payment processing and verification services, was suspended from trading in October last year for suspected contraventions.