Frost & Sullivan: The great shift towards a cashless society
Banknote producers and mints are starting to consolidate and merchants are seeing the merits to cashless payments, shifting in favour of consumer demands
Money flows indicate the future is now
There is a massive shift of money coming out of actively managed funds and into ETFs as investors look to manage their fee budget more effectively.
Banks still stalling real time payments: RBA
Big banks clinging to their legacy payments and IT platforms are continuing to stymie tangible benefits to consumers and business
Fintech lender raises $8m and banks on Prospa IPO boost
Prospa rival Lumi is banking on a growth spurt when its competitor in the non-bank small business lender market lists on the ASX in coming weeks.
EML Payments acquires UK fintech for $40.5m
EML Payments is bolting onto its growing European business with the purchase of UK fintech Flex-e-Card Limited.
Bank of England’s chief economist thinks Bitcoin could replace cash
Payments the ‘latest victim of disruption’ – consumers modernising wallets
Afterpay originally launched in 2015 and merged with payments technology company Touchcorp in mid-2017. Afterpay now services more than 3.1 million active users
Why your bank is set to offer ‘lifestyle services’
Open banking has forced the UK’s big banks to use financial services from other players and to offer lifestyle services such as sourcing mobile phone or energy plans
