Big Four banks under pressure to drop digital debit fees
Australia’s Big Four banks may have paused payment terminal rental fees for businesses shuttered by COVID-19, but a fresh battle has broken out.
Western Union looking into Ripple for cross-border payments
International money transfer firm Western Union is studying and deliberating the “payments-as-a-service” (PaaS) model that Ripple currently implements.
Access to credit critical to small business survival: Ombudsman
The Australian Small Business and Family Enterprise Ombudsman welcomes the decision to provide some non-bank lenders with access to the SME Guarantee Scheme
Global fintech leader Airwallex closes $250m fundraising round, announces worldwide growth plans
Global fintech leader Airwallex today announced that it has closed its Series D fundraising round at A$250m (US$160m), marking its biggest raise to date.
Buy Now Pay Later market to double by 2023: Report
The buy now pay later market in Australia has grown from 3% of all ecommerce payments in 2018 to 8% in 2019.
RMIT Activator leverages global and digital strength to support emerging startups
RMIT Activator is bringing its digital and global credentials to the fore in 2020, running simultaneous online LaunchHub programs for startups
Wisr surpasses $200 million in loan originations
Neo-lender Wisr has surpassed $200 million in loan originations. The milestone was reached with all Wisr employees working from home since mid-March 2020.
Cash, ATM and bank branch use dips as virus transforms how we pay
Even paying with a plastic debit or credit card can risk spreading the virus, if it involves using your finger to key in a PIN number.
