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Union Pay International (UPI) has recently announced a partnership with First Parking in Australia to launch a frictionless parking payment service which aims to make life easier for locals and foreign drivers.
partnership, debit card, credit card, mobile payments, contactless payments, online payments, digitalisation, ATM, member card
Australia-based regtech and onboarding provider LAB Group has successfully completed a USD 4.09 million private investment round led by Global Credit Investments.
regtech, compliance, regulation, investment, AML, KYC
New Zealand-based anti-money laundering technology developer First AML has partnered with Actionstep to facilitate international AML compliance.
AML, digitalisation, compliance, fraud prevention, identity verification
UK-based foreign exchange company Travelex has launched new stores and partnerships across Europe, the Middle East, Asia-Pacific, and Brazil.
expansion, partnership, mobile payments, online payments, digital payments, ATM
Identity tech company IDEMIA has announced that the Australian Department of Home Affairs has installed its technology for border control in eight international airports.
biometrics, identity verification, identity fraud, digital identity, fraud prevention
Australia-based lender ANZ has agreed to a USD 3.3 billion deal to acquire insurer Suncorp’s banking arm in a bid to boost the size of its mortgage book.
acquisition, central bank, banks
Australia-based fintech Lumi has secured another AUD 10 million in capital funding from existing investors Arbel Fund and Perennial Partners.
funding, SME lending, investment, financial services
Ikea Australia has announced the introduction of a new phone technology for faster checkout.
mobile payments, online authentication, QR code, QR payments, product upgrade
fraud prevention, Arkose Labs, bot attacks, cybercrime
Arkose Labs, Dropbox, account takeover, fraud detection, fraud prevention
QLD AI Labs has launched in partnership with Heritage Bank a four-week problem solving challenge across regional Queensland, Australia.
QLD AI Labs, AI, Hackathon, Australia, banking, fintech, Heritage Bank
Andy White reveals the Australian Payments Network`s strategy of mitigating CNP fraud in ecommerce, which is built upon a strong industry framework
Australian Payments Network, CNP fraud, industry collaboration, SCA, PSD2
Australia Post, the country’s delivery service, has started using digital identification technology to enable cryptocurrency exchanges to carry out KYC checks in a matter of minutes.
Australia Post, KYC, Bitcoin, crypto trading, AML, digital ID, identity verification, Australia
Alipay has formed a partnership with the Australian Tourism Export Council (ATEC) to expand its mobile payments platform into the nations tourism industry.
Alipay, Australian Tourism Export Council, mobile payments
Amazon is looking for potential property in Brisbane, Sydney and Melbourne to the first of many fulfilment centres to come, according to Sydney Morning Herald.
Amazon, ecommerce, market, Australia, Brisbane, Sydney, Melbourne, fulfilment centres, property
Paysafe, a global provider of payment solutions, is expanding its product capabilities by acquiring Income Access Group, an affiliate technology business for a cash consideration of nearly USD 30 million.
Paysafe, acquisition, affiliate technology, provider, Income Access, online sales, merchants, advertising, internet
Imagus, a facial recognition technology provider, and Payonyx, a global payment solutions company, have teamed up to develop a facial recognition payment authentication service.
biometrics, applications, online security, web fraud, digital identity, facial, authentication, Imagus, Payonyx
GlobalCollect, a global payment service provider, has opened a new office in Sao Paulo, Brazil, further consolidating the company’s position in the Latin-American ecommerce market.
Brazil, GlobalCollect, ecommerce, office, Latin America, B2C, online payments