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Australia’s second-largest bank lost its CEO earlier today after a cross-border transaction service was alleged to have broken anti-money laundering rules.
In December 2015, the ASEAN countries will form the ASEAN Economic Community. The economic prognosis is good.
Outdated legal barriers and licensing laws are unsuited for payment apps, and the markets that provide them.
ANZ has gone live with its mobile payment app that allows treasurers to approve payments on the go. The lender is Australia's first local bank to venture into the mobile app space for companies.