BNPL, Afterpay, Klarna
Business

ASIC is cracking down on buy now pay later fintechs and wants to know what everyone thinks

- February 24, 2025 2 MIN READ

Corporate and and financial services the Australian Securities and Investment Commission (ASIC) is seeking feedback on its new regulatory guidance for the buy now pay later (BNPL) sector New laws offering increased protections for consumer users of BNPL kick in from June 2025, treating BNPL as a credit product. That means BNPL providers will need… Read more »

Ed Husic
AI/Machine Learning

The Australian government wants feedback on regulating artificial intelligence and its risks

- June 2, 2023 2 MIN READ

The federal government is seeking feedback on mitigating any potential risks from the use of artificial intelligence technologies (AI) and how to build a safe framework for its use amid growing global concerns that seeing machine learning as potentially an existential threat to humanity. Science and industry minister Ed Husic released two discussion papers on… Read more »