ELECTRONIC COMMERCE – AUSTRALIA

Major bitcoin ATM rollout on the way

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Original article by Ruth Liew
The Australian Financial Review – Page: 16 : 25-Jul-14

ABA Technology plans to place Bitcoin ATM machines in shopping centres and other high-traffic, high-profile locations around Australia. Chris Guzowski, founder and CEO of the company, says five more ATMs will be rolled out in various capital cities by September 2014. Shoppers already have access to three Bitcoin ATMs, in the Emporium Melbourne mall, Sydney’s Westfield shopping centre, and the Canberra Centre

CORPORATES
ABA TECHNOLOGY PTY LTD|WESTFIELD CORPORATION – ASX WFD|ASX LIMITED – ASX ASX|DIGITALBTC|SCENTRE GROUP – ASX SCG|EMPORIUM MELBOURNE

Banks still protected from start-ups

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Original article by Shaun Drummond
The Australian Financial Review – Page: 23 : 6/19/2014

Banks have spent billions on technology, but they are still vulnerable to competition from start-ups in the field of new banking technologies. The issue was discussed at a forum held in Sydney on 17 June 2014. Paul Bassat, co-founder of SEEK and Square Peg Capital, said that start-ups were particularly active in developing new technologies that facilitate payments and peer-to-peer lending. The position of banks is however so strong that disruption in the banking sector is not an immediate issue

CORPORATES
SEEK LIMITED – ASX SEK, SQUARE PEG CAPITAL PTY LTD, ATLASSIAN SOFTWARE SYSTEMS PTY LTD, MACQUARIE BANK LIMITED – ASX MBL, KOGAN TECHNOLOGIES PTY LTD, GOOGLE INCORPORATED, BENDIGO AND ADELAIDE BANK LIMITED – ASX BEN, PAYPAL INCORPORATED, TYRO PAYMENTS