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WEEKLY TECHNOLOGY NEWS – Australia

Telstra and the Commonwealth Bank of Australia (CommBank) have expanded their partnership to tackle the growing issue of fraud, with the introduction of the 'Fraud Indicator' technology.

Sara Jones by Sara Jones
February 15, 2025
in Business, Finance, News, Technology
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Weekly Tech news – Australia
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AlayaCare Launches AI-Powered Client Intelligence Suite to Revolutionize Home Care

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AlayaCare, a leading provider of cloud-based home care software, has officially launched its AI-powered Client Intelligence Suite, marking a significant leap forward in the home care industry. This innovative solution aims to enhance the efficiency and effectiveness of home care agencies by leveraging artificial intelligence to predict risks and deliver more personalized care.

The Client Intelligence Suite utilizes advanced AI technology to analyze large sets of data, identifying potential risks before they become significant issues. This proactive approach allows home care agencies to intervene earlier, improving client outcomes and streamlining care delivery. By using predictive analytics, the suite supports care teams in making data-driven decisions, ensuring clients receive timely and tailored services.

Revolutionizing Home Care - Personalized Custom Built Solutions

This launch highlights AlayaCare’s commitment to integrating cutting-edge technology into home care. The Client Intelligence Suite joins the company’s suite of existing AI-driven solutions, such as Layla, an AI-powered assistant that improves caregiver efficiency and reduces administrative workload.

“The introduction of the Client Intelligence Suite represents a game-changing advancement for home care,” said AlayaCare CEO, Mike Wessinger. “We’re helping agencies move from reactive to proactive care management, allowing them to better support their clients and improve operational outcomes.”

AlayaCare has already begun deploying the Client Intelligence Suite in select markets, with plans for wider expansion. The company’s efforts are a part of its broader mission to empower home care agencies with the tools needed to deliver high-quality, personalized care while navigating the complexities of the rapidly evolving industry.

With its focus on innovation, AlayaCare continues to lead the charge in transforming home care through technology, setting the stage for a more efficient, data-driven future in the sector.

Telstra and CommBank Extend Partnership to Combat Fraud

Telstra and the Commonwealth Bank of Australia (CommBank) have expanded their partnership to tackle the growing issue of fraud, with the introduction of the ‘Fraud Indicator’ technology. This new initiative combines the strengths of both companies to protect Australians from identity theft by using mobile service data to detect unusual activity patterns that may indicate fraudulent behavior.

The ‘Fraud Indicator’ technology aims to enhance fraud detection capabilities, particularly for customers who use both CommBank and Telstra services. By analyzing mobile usage patterns, the technology can identify signs of potential fraud, enabling early intervention and reducing the risk of financial loss. It is expected to improve CommBank’s ability to detect fraudulently opened accounts by over 25%.

Telstra and CBA continue fraud prevention team-up - Broker Daily

Fraudsters often exhibit distinct behaviors in how they use mobile services, and by integrating this data with CommBank’s existing fraud detection systems, the ‘Fraud Indicator’ can provide valuable insights to prevent fraud before it escalates. This technology builds on the success of the ‘Scam Indicator’, which has already been instrumental in intercepting scam calls in real-time and saving customers millions of dollars.

Despite ongoing efforts to curb fraud, identity theft remains a growing concern in Australia, with recent reports showing a significant rise in incidents of fraud. The extended partnership between Telstra and CommBank marks a significant step in the battle against these rising threats, offering a more comprehensive approach to protecting customers’ identities and finances.

Both companies have emphasized their commitment to staying ahead of emerging fraud tactics, continuously innovating to ensure the safety of their customers.

UpCover Raises $19 Million to Disrupt the Australian Insurance Market

UpCover, an innovative Australian digital insurance platform, has raised $19 million in a Series A funding round to challenge the traditional insurance industry. The funding, which includes $11 million in equity and $8 million in debt, will help the company expand its digital-first model and disrupt Australia’s $20 billion commercial insurance market.

Founded in 2021, UpCover offers a fully digital alternative to the traditional insurance brokerage model. Specializing in commercial coverage such as public liability, professional indemnity, and directors’ liability insurance, the company aims to simplify and modernize the insurance process for small and medium-sized businesses. Despite the growing popularity of online-first insurance platforms globally, more than 95% of commercial insurance transactions in Australia still rely on traditional brokers.

UpCover Secures $19 Million as It Ramps Up Challenge to Australia's Analog  Incumbents in the Commercial Insurance Sector - FF News | Fintech Finance

UpCover’s co-founder, Skye Theodorou, expressed confidence in the company’s success, citing its ability to thrive even during challenging times for the Australian startup ecosystem. The company is now well-positioned to compete with some of the largest players in the Australian insurance market, which has long been dominated by just a few firms.

The new funding will allow UpCover to expand its services, targeting over 60,000 businesses currently using its platform. The company plans to introduce new insurance products and further integrate artificial intelligence into its offerings, enhancing the customer experience and providing even more tailored solutions.

With its innovative approach and the backing of key investors, UpCover is set to change the way Australian businesses purchase insurance, offering a more efficient, transparent, and customer-centric experience.

Harrison.ai Secures AUD $179 Million to Fuel Global Expansion

Harrison.ai, an Australian healthtech company specializing in AI-powered medical diagnostics, has successfully raised AUD $179 million (USD $112 million) in its Series C funding round. This significant investment will be used to accelerate the company’s global expansion, allowing it to further its mission of transforming healthcare through artificial intelligence.

Founded with the goal of improving diagnostic accuracy and patient outcomes, Harrison.ai has developed AI solutions that assist clinicians in identifying early signs of critical illnesses, including cancer. Its technology is already operational in over 1,000 healthcare facilities across 15 countries, helping to care for millions of patients annually.

Harrison.ai secures AUD $179m for global expansion

The funds raised in this round will allow Harrison.ai to expand its footprint into new international markets, including the United States, Europe, and Asia. The company aims to scale its operations and bring its innovative diagnostic tools to healthcare systems around the world, further improving early diagnosis and treatment for patients.

Dr. Aengus Tran, Co-Founder and CEO of Harrison.ai, expressed excitement about the future, stating that this funding will enable the company to continue enhancing its AI technology and expanding its impact in the healthcare industry. With its continued growth, Harrison.ai is poised to become a global leader in AI-driven healthcare solutions, improving outcomes for patients and healthcare providers alike.

As Harrison.ai moves forward with its plans, the company is expected to continue revolutionizing the healthcare industry, using cutting-edge technology to address some of the most pressing challenges in diagnostics and patient care.

Australia Bans Foreign AI, Urges Increased Investment in Local Tech

In a bold move aimed at securing national interests and fostering innovation, the Australian government has announced a ban on foreign-controlled AI technologies, specifically targeting the Chinese-developed AI, DeepSeek R1. The decision, which affects all government systems and devices, has raised concerns about data security and the potential risks posed by foreign influence on sensitive infrastructure.

The ban on DeepSeek R1 comes as part of a broader effort to ensure that Australia remains in control of its technological future, especially regarding critical sectors like healthcare, finance, and defense. The move reflects growing apprehension among global powers about the implications of using foreign technology that could potentially jeopardize national security.

In light of the ban, industry leaders and experts are calling for significant investment in homegrown AI initiatives. The Australian Information Industry Association (AIIA) has urged the government to focus on building local AI capabilities to ensure that Australia does not fall behind in the rapidly growing global AI race. They warn that without fostering domestic innovation, the country could risk losing out on both economic and security advantages in the long run.

AI use surges in Australia's construction industry

Local AI companies are echoing these concerns, advocating for stronger government support to accelerate the development of sovereign AI solutions. They emphasize the importance of investing in technology that is not only secure but also tailored to the unique needs and values of Australia.

This shift marks a significant step in Australia’s push to assert its technological sovereignty while navigating the complex global landscape of AI development. It signals the country’s commitment to maintaining control over its digital future and ensuring that AI technologies are aligned with its national priorities.

Tags: a leading provider of cloud-based home care softwareAlayaCareAlayaCare Launches AI-Powered Client Intelligence Suite to Revolutionize Home CareAustralia Bans Foreign AIHarrison.ai Secures AUD $179 Million to Fuel Global Expansionhas officially launched its AI-powered Client Intelligence Suitemarking a significant leap forward in the home care industry.tech newstechstoryTelstra and CommBank Extend Partnership to Combat FraudUpCover Raises $19 Million to Disrupt the Australian Insurance MarketUrges Increased Investment in Local Tech
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Sara Jones

Sara Jones

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