iTWire Update – Australian Owned and Operated

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Hi John,


Payments technology and Open Banking company Waave has announced the introduction of the Waave Wallet to house its upgraded Pay by Bank product, a real-time account-to-account payment method which now features “industry-leading” biometric security access - a first for payment methods in Australia.

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Five people have been taken into custody in Australia and 32 others overseas on suspicion of being as part of a cyber-crime platform used for credential theft.

Australia and Singapore, which is the world’s busiest transshipment hub, have partnered on a $20 million initiative to help reduce emissions in the maritime sector.

About 11% of the smartphones sold during calendar year 2024 will be capable of using GenAI, the technology analyst firm Counterpoint Research says. adding that this estimate was higher than an earlier one made in December 2023. The figure was predicted to rise to 43% by 2027.

Federation University Australia has partnered with McCain Foods to deliver Co-op placements to students.

The ACCC has instituted proceedings in the Federal Court against Clorox Australia Pty Ltd, the manufacturer of GLAD-branded kitchen and garbage bags, for allegedly making false or misleading representations that certain kitchen and garbage bags were partly made of recycled ‘ocean plastic’, in breach of the Australian Consumer Law.

And as always there's plenty more today, so for all the news please visit www.itwire.com.

Josh Martinez, newsletter editor, iTWire

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