Posts tagged "account"

Small businesses and everyday bank customers will soon be shielded from costly scams by a $100 million "confirmation of payee" system, designed to bind a bank account number with the name of its owner.

Small business accounting platform Thriday is launching a new AI system which tracks business spending to automatically prepare a tax treatment, a development CEO Michael Nuciforo claims as an Australian first.

Commonwealth Bank has announced a new security feature which highlights account names when users make a first-time payment, saying the addition will cut down on scams — particularly those using hacked business accounts.

Entrepreneurs are set to gain near-instant access to transaction accounts and physical debit cards without ever entering a bank branch, under an ambitious plan Zeller hopes will expand its market.

A strange Instagram account posing as the Hog's Breath Cafe in Orange is now offline, but not after drawing social media's attention.

Volt on Wednesday confirmed the "difficult decision" to end its deposit-taking functions and return all deposits to its customers.

Accounting platform MYOB is staying mum after reports the bank is considering acquiring a stake in the firm.

Businesses are reminded to strengthen their online banking and payment processes, after an audit revealed the Royal Australian Mint misplace…