Digital Economy stories - Page 5

GovHack's 2025 Red Carpet Awards in Sydney spotlighted innovative open data projects driving public benefit across Australia and New Zealand.

China's vast data economy faces hurdles from poor data quality, prompting a push to build a clean, reliable foundation crucial for AI leadership.

Australia's National AI and Data Centre Plan sparks calls for enforceable energy standards amid rising power demands and concerns for small businesses.

Agentic AI will transform Asia-Pacific and Japan businesses by 2026, boosting productivity but raising new insider risks and security challenges.

Australia's peak retail season intensifies with US tariffs, as retailers leverage real-time payments, smart contracts, AI, and cross-border solutions to boost cash flow.

Beau Tydd has been elected President of the Australian Computer Society for 2026-27, succeeding Helen McHugh to lead Australia's tech profession forward.

TerraPay launches Xend, a global payments network linking wallets, banks and cards for seamless cross-border transactions with Swift integration.

Babeltext enables Shopify merchants to communicate in 195 languages via AI-powered messaging, easing global sales and boosting customer confidence.

British firm TMT ID secures GBP £30m from BGF to expand real-time age verification and fraud prevention globally, focusing on the US market.

A Cloudflare outage disrupted major online services worldwide, revealing how fragile the global digital economy and payments infrastructure have become.

Malaysia aims to build an inclusive digital economy by equipping small businesses with affordable communication tools, boosting growth and trust nationwide.

Every six minutes, a business faces a $4.17m cyber-attack; for Australian firms, investing in cybersecurity is now critical to avoid ruin.

Groq launches a 4.5MW AI inference facility in Equinix's Sydney data centre, enhancing AI compute speed and compliance across Asia-Pacific.

As Asia Pacific's energy sector digitises, guaranteed packet-level visibility must underpin operational resilience to secure critical utility networks from rising cyber threats.

Over 2 million Australian developers boosted productivity and innovation, embracing AI tools like GitHub Copilot amid record growth on GitHub in 2025.

Pave Bank secures USD $39 million to expand its programmable banking platform, merging traditional finance and digital asset management for institutions.

Australian firms are shifting from fragmented AI pilots to unified platforms, aiming to boost trust, speed and scalability amid rising regulatory demands.

Australian firms lead globally in AI and observability use, with 87% dedicating more time to innovation, boosting productivity and revenue growth.

AI could boost Australia's economy by up to AUD $142 billion annually by 2030, driving productivity, wage growth, and small business benefits, a new report finds.

Ripple has acquired GTreasury for USD $1 billion, enhancing its corporate treasury services and expanding digital asset use in global payments.