Legal tech startup Josef, which helps Community Legal Centres (CLCs), law firms and enterprises create bots to assist clients with legal problems, has raised more than $1 million in a seed funding round.
Government plans to fine social media companies up to 10 per cent of their annual turnover for failing to quickly remove violent material from their platforms sets a “dangerous precedent”, according to the president of the Law Council of Australia.
The Regtech Association (RTA) has welcomed the recommendations in the final report from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, saying the changes represent a huge opportunity for the sector.
Melbourne’s Swinburne University of Technology had been hosting core apps and systems in its two Hawthorn data centres for quite some time. But things are changing as the institution steadily moves towards a hybrid cloud environment.
The government published draft laws today that would let financial technology companies operate without a full licence, a measure it said would encourage innovation without compromising existing levels of consumer protection.
In response to the growing privacy concerns around personal data, the Australian Government recently passed the Privacy Amendment (Notifiable Data Breaches) Act 2017 (Cth) (the ‘New Data Breach Notification Laws’).