Westpac, one of Australia’s leading banks, has unveiled an innovative security feature, Westpac SaferPay, aimed at significantly reducing customer losses due to scams. This Australian-first innovation utilizes Artificial Intelligence (AI) to identify potential scams and prevent fraudulent payments, providing enhanced protection for customers. Westpac SaferPay operates by alerting customers to potential scams through a series...
Westpac has announced a significant investment of $63 million to empower female entrepreneurs, aiding over 350 women in starting or expanding their businesses since the unveiling of a $500 million commitment aimed at bolstering female-led small businesses a year ago. In a proactive move to reinforce this commitment, the bank is rolling out several new...
Monoova, a leading provider of business-to-business (B2B) digital payments in Australia, announced the strategic expansion of its leadership team. This move comes as the Australian digital payments landscape experiences significant growth, with the projected transaction value reaching a staggering $240.75 billion in 2024. The appointments of David Greene as Chief Commercial Officer (CCO) and Shen...