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PayDay News | Australian Payments News

Risk reports torpedo Bolt Group’s Federal Court bid to re-connect Bano to A2A

Technology Reporter
21 Jul, 2026
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Warwick Ponder, Alex Zaharov-Reutt
Technology Reporter
21 Jul, 2026
Add us as a preferred source on Google
An explosive judgement against Bano in Banking Circle’s favour is the clearest statement yet from an Australian court that a rails provider which genuinely assesses a client as an unacceptable AML/CTF risk won't be forced to keep giving it access to the financial system.
Risk reports torpedo Bolt Group’s Federal Court bid to re-connect Bano to A2A
Bolt Group’s ANZ CEO is James Woodward and Banking Circle Australia CEO Piers Cracknell. Background generated by AI.

An explosive judgement against Bano in Banking Circle’s favour is the clearest statement yet from an Australian court that a rails provider which genuinely assesses a client as an unacceptable AML/CTF risk won't be forced to keep giving it access to the financial system.

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