September 17, 2025 10:12 AM
Software owned by Australian banks being tested for social media ban
Software owned by Australia's biggest banks is being tested as a way to comply with a teen social media ban, which begins in December, people involved in the process said, potentially involving the country's financial sector in the world-first regulatory crackdown. ConnectID is an identity verification tool owned by Australia's top lenders, which confirms a person's age from their bank account details. It is part of a package of software being pitched by Singapore-based age estimation provider ...