‘No hard and fast rule’: Fintechs and banks size each other up
Westpac’s banking services partnership with Afterpay will force fintechs and the big banks to reassess their relationship with each other.
TNS leverages Fortinet Secure SD-WAN to help retailers embrace digital transformation and cloud adoption
The new service can help businesses achieve digital transformation, embrace cloud adoption and maximise technology budgets.
8common (ASX:8CO) raises $2.25M in extra capital
ASX-listed Australian fintech company 8common has successfully completed its recent capital raise, walking away with $2.25 million in extra capital.
Australian government to review domestic payments system regulation
The Australian government will review the regulatory architecture of the country’s payments system to ensure it can support continued innovation.
Bitcoin goes mainstream as institutional ‘wall of money’ begins buying
Bitcoin is on track to hit US$1 million (A$1.4m) per coin in the next five years as a result of a wall of money looking to tap into Bitcoin appreciation.
Wisr Warehouse funding facility upsized to $250 million
The Wisr Warehouse went live in November 2019 with an initial $50 million commitment and has grown rapidly since and and is now increased to $250 million.
Australian Fintech Parpera secures $800,000 through Equitise campaign
New Australian fintech company Parpera has successfully secured $800,000 through its Equitise campaign.
Days of cash payments numbered as 19% of Aussie wallets go digital
New research shows that 19% of Australians – equivalent to about 3.7 million – now use digital wallets such as Apple Pay, Google Pay, and Samsung Pay.