Discover all the payments and fintech-related news and analysis about Australia in The Paypers News, Reports, along with other Australia-specific insights on the payments and fintech industry:
Discover all the payments and fintech-related news and analysis about Australia in The Paypers News, Reports, along with other
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Earlypay has announced its acquisition of the assets and loan portfolio of Australia-based fintech Timelio, aiming to optimise SMEs’ development process in the region.
acquisition, payments , online payments, digital payments, mobile payments, ecommerce, SMEs
The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) have jointly unveiled the results of a collaborative research endeavour focused on the potential implementation of a central bank digital currency (CBDC) in Australia.
CBDC, central bank, study
humm has announced its acquisition of the Australian-based fintech provider BidFin in order to meet the growing needs and preferences of its customers.
acquisition, banking, online banking, mobile banking, digital banking, financial services, financial institutions
Breezepay has announced it has received a grant of USD 130,000 from the XRPL Grants accelerator program.
stablecoin, funding, digital assets, cryptocurrency
Tech-led payments business Banking Circle Group has expanded in Australia with the launch of its licenced subsidiary BC Payments to help fintechs scale internationally.
expansion, banking, fintech, paytech, cross-border payments, B2B payments, ecommerce, compliance, online security
Australia-based Summerland Bank has announced its partnership with cloud banking firm nCino to drive efficiency and optimisation through digital development.
partnership, banking, online banking, mobile banking, digital banking, cloud, cloud banking, cloud services, financial services, financial institutions
National Australia Bank has blocked more than AUD 270 million in customer payments citing cryptocurrency scam concerns.
banks, cryptocurrency, scam, fraud prevention
The Australian Government has revealed its plans to allocate AUD 166.4 million towards implementing reforms for the country’s AML/CTF regime.
fraud prevention, AML, funding, fraud management
Australian banks, led by AP+ and ABA, have announced the launch of Confirmation of Payee service by 2025, enhancing security by verifying payee details before payments.
Confirmation of Payee, fraud prevention, API, SWIFT, identity verification
Fintech Zai has teamed with payment service provider Cuscal to deliver its PayTo solution and improve its PayID offering, both initiatives of the New Payments Platform Australia.
partnership, payments , online payments, real-time payments, PayTo, payment methods, banking, money transfer, omnichannel payments solution, digital payments, online platform, fintech, financial services, ecommerce
Australia-based payment service provider Monoova has been selected by airline Bonza to provide PayTo to consumers paying online for their flights or travel booking.
account-to-account payment, payment methods, payments , chargebacks, online payments
Australia-based accounting software provider Saasu has leveraged Skript’s solution to automate bank data feeds into their platform via the Consumer Data Right (CDR).
data, partnership, SMEs, personal finance management, digitalisation
The government of Australia has revealed its intention to modify the country’s legislation regarding digital payment services.
regulation, compliance, digital payments, mobile payments
Australia-based ConnectID has partnered with online referencing solution Referoo to provide identity verification services to recruiters.
digital identity, identity verification, partnership, data protection
Australia-based ConnectID has announced its partnership with Hold Access in order to accelerate the development of WUNA and to include it within its network.
partnership, financial inclusion, payments , online payments, mobile payments, digital payments, ecommerce
Australia-based digital identity ecosystem ConnectID has announced that property management platform RentBetter has integrated its digital identity services.
digital identity, fraud prevention, data sharing, partnership, identity verification
Australia-based cryptocurrency exchange Coinstash has partnered with crypto education platform Investified to launch the Aussie Bundle, a crypto investment package.
cryptocurrency, investment, cryptocurrency exchange, product launch, DeFi
SumUp, a global financial technology company, has launched in Australia aiming to serve the country's business community as it continues its expansion.
merchants, POS, SMEs, payments , ecommerce
Australia’s competition regulator has blocked a USD 3.2 billion buyout planned by ANZ Group of insurer Suncorp’s banking arm.
regulation, acquisition, banks, lending, insurance
Digital identity ecosystem ConnectID has partnered with Ping Identity to enable simplified integration into existing systems and the adoption of new customers.
partnership, identity verification, digital identity, identity fraud, online security