Timing couldn’t be better for Open Banking
The impact of Open Banking, and the wider Consumer Data Right has the potential to be one of the most significant reforms in recent history.
Libra crypto gets revamp
Facebook’s Libra cryptocurrency will now be available as a single-currency stablecoin, assuaging some of the concerns of regulators.
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
