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Big Tech Compliance Tracker: Apple, Google, Amazon Boost UK Fees To Cover New Digital Tax; Amazon Gets FAA’s OK For Drone Delivery 

PYMNTS

Here’s the latest news for Big Tech’s Google , Amazon , Apple and Facebook , which are coming under increasing scrutiny from legislators and regulators the world over. Facebook Might Ban Users From Posting News Articles in Australia. Regulation. Russian Legislator Seeks to Place Limits on App Commissions.

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How The Cost-Conscious Aussie SME Approaches Innovative Tech

PYMNTS

The latest research from the SMB Technology Adoption Index , for example, revealed news that just 13 percent of U.S. SMBs are willing to embrace innovative technologies beyond moderate use of new solutions. In Australia, however, adoption of technology by small and medium-sized enterprises (SMEs) seems to be a bit more accelerated.

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Is blockchain startup Flux the answer to direct democracy?

Jessica Ellerm

This morning Australia woke up to a hung parliament and continuing uncertainty about its political direction. Certainly Labor Senator Sam Dastyari’s appearance on Sky News suggested the latter. The news of another potential leadership spill will unleash yet another collective groan amongst Australian voters.

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Australia should force banks to repay scam victims and adopt better protections, advocates say

TheGuardian

The call comes as Australia’s big four banks pushed back on mandatory reimbursements, arguing they could “inadvertently lead to increases in scam activity” and that customers should keep themselves safe. Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading.

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Death of the cheque by 2030 as Australia embraces digital payment reforms

TheGuardian

In a speech to be delivered to the Australian Banking Association in Sydney on Wednesday, Chalmers will say there has been a 90% decline in the use of cheques over the past 10 years alone but it remains a legacy payment method, while other economies have transitioned to digital payments.

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Philip Lowe has a good game face. If he has any doubts over his decisions, they aren’t showing | Katharine Murphy

TheGuardian

Australians saw this quality during the opening months of the coronavirus pandemic when he was communicating with the public reasonably regularly on television. Lowe’s public projection during those opening months of freefall was calm and considered, purposeful and reassuring.

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Liberal MPs pour cold water on inquiry backed by Frydenberg into bank lending for coal projects

TheGuardian

Related: Australia's banks are well placed to weather Covid crisis, RBA says Related: Nationals call for ANZ boycott after bank's push for net zero emissions Continue reading.

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