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Financial infrastructure platform Stripe has published a report that shows nearly half of Australian businesses plan to invest in digital payments in the next 12 months.
digital payments, payments , mobile payments, research, NFC, QR payments
Lucy Whitehead and Colombe Herault from Worldline explain how identity connects to payments and why it is important for the two of them to interact at the point of payment.
digital identity, payments , merchants, digital payments, data, banks, biometrics, credit card, debit card, KYC
Lloyds Bank has confirmed that two of its branches in Sussex (Beach Road in Littlehampton and The Street in Rustington) will close in May and June of 2023.
banks, online bank, regulation, ATM, digitalisation
EY has launched its fintech lab, based in London, with a second one planned in Edinburgh in 2023.
product launch, fintech, startup, financial crime, investment
Singapore-based Capital A venture BigPay has added 38 new nations to its global remittance services network.
cross-border payments, digital payments, expansion, money transfer, transactions
Global modern card issuing platform Marqeta has announced it was named the payment processor of choice for Opal Plus, a new transit programme for transport in Australia, in partnership with Mastercard Prepaid Managed Services (MPMS).
partnership, sharing economy, investment, digitalisation, public transportation, mobile payments
Australia-based trading broker Mitrade has partnered with payment platform Azupay to make deposits and withdrawal of funds faster for Australians.
partnership, trading platform, real-time payments, instant payments, cryptocurrency, product upgrade
In Australia, all New South Wales state government agencies will have to use e-invoicing for goods and services valued at up to AUD 1 million from 2022.
e-invoicing, digitalisation, partnership, regulation
banks, COVID-19, expansion
MasterCard, Trasport for NSW, Australia, contactless payments, mobile payments, transportation, Apple Pay, Samsung Pay, Google Pay
New South Wales (NSW) Government has announced that commuters will be able to tap on and off Sydney\s buses using their credit cards.
New South Wales, Sydney, credit cards, contactless payment, mobile wallets
The New South Wales government has announced plans to roll out facial recognition technology across the public transport network, as an alternative to Opal cards.
facial recognition, Australia, transport network, New South Wales, cards, swipe cards, Opal account, anti terror laws, passports
Canberra MSP Citadel Group has acquired government SaaS platform Gruden for USD 1.65 million from ASX-listed digital payments provider IncentiaPay.
Citadel Group, acquisition, Gruden, SaaS, e-procurement, Australia, digital payments, IncentiaPay
Fraudsters scammed Welsh victims out of GBP 17.1 million in just six months, with one man swindled out of GBP 53,000, according to BBC.
fraud prevention, security, cybercrime, dating scams, types of fraud, statistics, UK
The New South Wales government in Australia has extended the payment options available to commuters using public transport in Sydney with Visa, Mastercard, and American Express.
Australia, New South Wales, cards, payments , Visa, MasterCard, American Express
Mastercard has signed two agreements in Asia-Pacific to launch contactless ticketing payments and enable Masterpass in-app payments for a smart bike-sharing service.
MasterCard, digital payments, Asia-Pacific, MasterPass, digital e-wallet, contactless cards
The Australian Cybercrime Online Reporting Network (ACORN) received over 39,000 reports of criminal activity from individuals and organisations in 2015.
online fraud, online security, cyber security, fraud prevention, Australia, cybercrime
Westpac has launched the online banking platform Westpac One, to enable customers to bank using mobile devices.
Westpac, payment service, online payments, online banking, Australasia
In September 2014, retail sales in Australia grew 1.2% despite market expectations for a rise of 0.3%, according to data issued by the Australian Bureau of Statistics, smh.com.au reports.
Australia, retail sales, growth, September 2014, statistics, Australian Bureau of Statistics, Customers, merchants
The JF Hillebrand Group has chosen to invest in an invoice management process from ReadSoft, a document automation and automated invoice processing company. The new process set-up is based on ReadSoft’s cloud-based invoice processing automation solution ReadSoft Online.
ReadSoft, JF Hillebrand, automate, invoice, processing, online, cloud, invoice, automation