As in neighboring Germany and Austria, cash is still king in Switzerland albeit a much diminished one. But the Swiss will soon have the chance to vote on whether to preserve notes and coins indefinitely.
This is a rare positive news story […]
A report into the potential effects of implementing a ‘cashless society’ has found that millions of people would be left struggling, with many vulnerable people being heavily reliant on physical tender.
A report published on Wednesday has found that a […]
ISO 20022 may be delayed in its global rollout, but that doesn’t mean banks can afford to put off or ignore upgrading their payments systems to meet this new messaging standard.
Broadly speaking, ISO 20022 is a global standard […]
Vulnerability hunters for the NSW state government turned up more than 22,000 vulnerabilities in NSW government systems last year, according to Cyber Security NSW’s 2022 […]
Woolworths is expanding the rollout of its self-checkouts using cameras and artificial intelligence in stores across Australia.
The self-checkouts use camera vision and artificial intelligence to detect when items aren’t scanned correctly.
If a product is not scanned a short video is replayed for the customer on the […]
There […]
The Department of Defence has signed contracts with two universities to help develop its AI capabilities.
The University of South Australia and Deakin University will receive a combined $1.75 million from Defence’s next generation technologies fund […]
Government services minister Bill Shorten has flagged a possible major re-architecture of myGov, potentially modelled on – or even using components of – the e-government systems of Estonia.
In a speech yesterday, Shorten said he found parts of Estonia’s digital government approach – particularly its open […]
Australia is the latest country to be the test dummy for the G7 CBDC. CBDC stands for Central Bank Digital Currency. It is a digital form of a country’s currency that is issued and backed by the central bank of that country. Unlike traditional fiat currency, which is physical cash, CBDC is entirely […]
