Apple Pay is growing faster than the internet’s favourite payment service, PayPal
Apple CEO Tim Cook said that Apple Pay is now completing nearly one billion transactions per month, which is more than twice the volume of a year ago.
Australian fintech company GBST to be acquired for AU$269mn
ASX-listed Australian fintech company GBST has entered into a binding agreement to be acquired by UK fellow fintech company FNZ for $269m.
Fintech urges regulators to better support Australians
Fair Go Finance has called on state governments to better support initiatives aiming to bolster regional areas across Australia.
Australian draft bill excludes digital currency from new cash payment limit
This makes it difficult to apply the cash payment limit in a way that would not largely prevent the use of digital currency in Australia.
Facebook warns investors that Libra may never see the light of day
Facebook reminded investors that while it expects to launch its Libra digital currency in 2020, a number of factors could keep that from happening.
DomaCom Ltd completes first crowdfunding into large NSW wind farm
DomaCom’s crowdfunding of Sapphire Wind Farm in NSW is Australia’s first large-scale public community investment into a utility-scale wind farm.
Zip Co master trust up and running with $400m deal
Buy now, pay later payments provider Zip Co has won over equity investors in recent months, and has now set its sights on credit funds.
ASIC expands Australia’s regulatory sandbox regime for FinTech start-ups
ASIC’s regulatory sandbox regime for FinTech products allows eligible businesses to test particular financial services or credit activities.