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
AUSTRAC has established an internal cryptocurrency task force to identify and take action against crypto ATM providers that do not comply with the country's anti-money laundering laws.
cryptocurrency, AML, money laundering, fraud management, fraud prevention
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
LexisNexis Risk Solutions has announced that it has completed the IDVerse acquisition, as the latter will be available within its LexisNexis RiskNarrative platform.
acquisition, fraud management, fraud detection, fraud prevention
Australia-based digital auto marketplace carsales has joined forces with Monoova to introduce a solution that simplifies buying and selling a vehicle online.
partnership, online payments, online platform, digital payments, identity verification
Australia-based AMP has announced the launch of its new digital bank, with the bank aiming to serve the needs of small businesses and everyday customers.
product launch, digital banking, SMEs, digitalisation, financial services
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
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
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