Australians who own cryptocurrency can now pay household bills even if the biller doesn’t accept digital money.

Crypto exchange Cointree and bill payment Gobbill, both startups based in Melbourne, have started a landmark partnership to make this happen.

Gobbill is an artificial intelligence service that allows Australians to check if their bill is a scam or authentic, then have them paid securely.

Customers of Gobbill from this week can nominate to have bills paid using one of more than 100 cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, Ripple and Litecoin.

Find out more about paying everyday bills with digital currencies. 

Read more at Yahoo Finance.

Five people have been arrested and luxury cars seized in western Sydney over an organised criminal syndicate suspected of defrauding the National Disability Insurance Scheme of millions of dollars.

It will be alleged the syndicate controlled three NDIS providers that fraudulently claimed $1.1 million in NDIS payments from more than 70 people on disability plans or those managing their affairs.

Investigations are ongoing, with more than 100 other potential victims identified in connection to the three entities allegedly controlled by the syndicate.

Gobbill is fighting back and is currently piloting a solution to make payments easier and safer for NDIS self-managed participants and plan managers. See https://gobbill.com/ndis

Read more The Australian

Read more ABC News

After $1 million was siphoned off their company’s accounts and their bookkeeper charged with 250 counts of fraud, a Brisbane couple wants banks to be more accountable for electronic fund transfer (EFT) fraud.

Their bookkeeper has been charged with 250 counts of fraud and fraud-related offences in relation to the missing money, and accused of using electronic funds transfer fraud.

“We thought that our money was safe, we thought our lives were safe — but it’s destroyed us,” Ms Saggers said.

Detective Inspector Vince Byrnes warns EFT fraud can have a “devastating” impact on people.

Banks in Australia don’t have to cross-check account names against account numbers in EFT transactions.

Reducing the risk of fraud and ‘segregation of duties’ is important even with micro and small businesses. That’s why Gobbill in the mix would help small business owners, bookkeepers and accountants prevent fraud and other potential cyber-related crimes.

Sign up for a Business Plan or our Partner Program if you’re a bookkeeper/accountant.

Read more at ABC News. 

The Association of Accounting Technicians (AAT) and Gobbill have partnered to provide bookkeepers with cutting-edge technology that helps combat invoice fraud while automating the accounts payable process. Accounting Technician asked Gobbill all about the partnership in the latest edition of Accounting Technician March 2019

Automation technology in the hands of accounting technicians will make the greatest difference in reducing the risk of invoice fraud. Gobbill provides top five tips to avoid bill scams in the article.

Gobbill was also invited to present to the Victorian Accounting Teachers Network 10th May 2019 to raise awareness of increasing fraud impacting small businesses and how new automation technologies such as Gobbill can help combat it.

Source: AAT Accounting Technician