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Rozalia Russian s Tom Ford perfume ad a beauty breach
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Van Vuuren asks what s the Big Deal about Aussie Politics
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BNPL for recruiters: Applyflow ready to roll
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Microcap Applyflow is set to get into the instalment payments game.
The software company, whose product runs websites for recruitment firms globally, is preparing to start offering instalment payments to its clients, which it reckons should help ramp up growth globally. Street Talk. Â
Louie Douvis
To make it happen, Applyflow is raising $5 million in an underwritten entitlement offer via Shaw and Partners. The raising launched on Tuesday morning at 0.5¢ a share and was due to wrap up later this week.
Funds raised would put together a kitty to get the instalment payments product up and running, while credit funding facilities are arranged, at a time when job markets globally spring back to life.
East Texas native spent 10 years in the military, now operates a coffee shop in Killeen
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Westpac probed by regulator on insider trading allegations
Bloomberg
Bloomberg
Australia s securities regulator is probing Westpac Banking Corp. on allegations of insider trading, just months after the country s second-biggest lender paid a record fine to settle breaches of anti-money laundering laws.
The allegations relate to Westpac s role in executing a A$12 billion ($9.3 billion) interest-rate swap transaction with a consortium made up of AustralianSuper and a group of IFM entities in October 2016, according to a statement Wednesday from the Australian Securities & Investments Commission. AustralianSuper, Melbourne, has more than A$200 billion in assets.
The probe comes after Westpac paid an A$1.3 billion fine for violating rules to prevent money laundering last year, capping a saga that dented the bank s reputation and cost former Chief Executive Officer Brian Hartzer his job. Scrutiny on the nation s biggest banks remains intense after years of scandals and a litany of mis