National Australia Bank, Bank Leumi of Israel and US financial services group CIBC have launched a global online portal aimed at driving client-focused innovation by facilitating collaboration between the banks and financial technology firms.

New Zealand’s Invert Robotics has secured a US$8.8 million round of funding, with the capital raised to be used to scale the company’s team, and to fund the planned opening of a US office and expansion of its technology platform and industry-specific solutions.

Australia’s competition watchdog, the Australian Competition and Consumer Commission has inked a new memorandum of co-operation with the United States Federal Bureau of Investigation which it says will strengthen the agencies’ joint efforts in combating cartels and other anti-competitive behaviour.