Rachel Greaves
Data

CSIRO VC fund Main Sequence backs $3 million series A for communications compliance startup

- June 9, 2021 2 MIN READ

Canberra-based communications compliance software startup Castlepoint Systems has raised a $3 million series A led by Main Sequence Ventures. The CSIRO’s deep tech investment fund was joined by existing investor IxTx in the round. Castlepoint’s software uses artificial intelligence to automatically discover, classify, and control documents, emails, chat messages, databases, or webpages in a company… Read more »

AFP, arrest, Ironside
Data

How busting organised crime globally was done with an app born ‘over a few beers’ with the FBI

- June 9, 2021 4 MIN READ

Australian and US law enforcement officials on Tuesday announced they’d sprung a trap three years in the making, catching major international crime figures using an encrypted app. More than 200 underworld figures in Australia have been charged in what Australian Federal Police (AFP) say is their biggest-ever organised crime bust. The operation, led by the… Read more »

Data

AI is now being used to predict traffic jams in Melbourne – and prevent them

- May 24, 2021 < 1 MIN READ

A pioneering project using artificial intelligence (AI) to predict traffic congestion up to three hours before it’s going to happen, and could change the way authorities control traffic in real time, has launched in Melbourne.  The University of Melbourne’s Australian Integrated Multimodal EcoSystem (AIMES) has partnered with PeakHour Urban Technologies, the Victorian Department of Transport,… Read more »

Data

HR tech platform ELMO is using artificial intelligence to predict when staff are about to resign

- May 3, 2021 < 1 MIN READ

ASX-listed payroll and HR software platform ELMO (ASX:ELO) is using artificial intelligence in a new people analytics product that can predict when people are looking to leave the business. The company said its Predictive People Analytics (PPA) module is the first phase of a suite of new machine learning developments  to deliver data-driven insights and… Read more »

Mark Zuckerberg
Data

Apple’s latest iOS update has app tracking controls that threaten Facebook’s revenue. Here’s how it works and whether you should you use it

- April 29, 2021 4 MIN READ

Apple users across the globe are adopting the latest operating system update, called iOS 14.5, featuring the now-obligatory new batch of emojis. But there’s another change that’s arguably less fun but much more significant for many users: the introduction of “app tracking transparency”. This feature promises to usher in a new era of user-oriented privacy,… Read more »

I Robot
Data

AI will shape the future of global trade disputes, but our legal understanding lags behind it

- April 28, 2021 5 MIN READ

In 2030, the adjudicators of the World Trade Organization (WTO) are sitting in the Geneva headquarters to hear a trade dispute between the Republic of Robata and the Federal Republic of Daemon.   Robota, a developed country, is a superpower in artificial intelligence (AI) and takes the lead in designing and manufacturing vehicles equipped with… Read more »

Elliott Donazzan
Data

CBA’s startup investment arm, x15ventures, tips $1 million into ASX-listed fintech subsidiary Payble

- April 13, 2021 < 1 MIN READ

The Commonwealth Bank’s venture scaling arm, x15ventures, has invested $1 million for a 26.7% stake in bill payments startup Payble, a subsidiary of listed IT company Identitii (ASX: ID8). Payble tackles late and failed bill payments before they happen, seeing the possibilities in open banking through Consumer Data Right (CDR) to tackle a problem with… Read more »

Data

How Open Banking can fuel the rise of fintechs and neobanks

- January 6, 2021 4 MIN READ

Two areas that could soon dominate the Australian finance space are the increased success of the fintech industry and the movement toward the adoption of open banking. Interestingly, an ecosystem built on the security needs of banks for sharing consumer data will see fintechs become more intrinsically linked to the innovation opportunities open banking allows… Read more »

Data

The battle at Google over biased algorithms and unaccountable AI shows even the people designing them have deep concerns

- December 11, 2020 3 MIN READ

Artificial intelligence (AI) is no longer the stuff of science fiction. In the form of machine learning tools and decision-making algorithms, it’s all around us. AI determines what news you get served up on the internet. It plays a key role in online matchmaking, which is now the way most romantic couples get together. It… Read more »