Payments

Dec
14

Up launches conversational payments

Up, the digital banking platform that went live in October 2018, has today launched conversational payments in app for customers. An Australia first, the experience will bring functionality on par with the United States, Europe and China, where Venmo, SquareCash and WeChat Pay have significantly altered and improved customers’ payment experience. Up’s Chief Imaginer, Anson […]

By Australian FinTech | FinTech . Payments
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Dec
13

ASX-listed fintech iSignthis’ first EU merchant live on unified neobanking & payments platform

iSignthis Ltd subsidiary, iSignthis eMoney Ltd, trading as ISXPay® announced its first merchant has gone live on its own integrated and unified neobanking platform comprising principal acquiring platform for Visa, Mastercard and JCB, with fund settlements being deposited to ISXPay issued ISEMCY22 International Bank Account Numbers (IBANs). John Karantzis, CEO of iSignthis Ltd, said “We […]

By Australian FinTech | ASX . FinTech . Payments
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Dec
12

American Express praises Ripple for cross-border payments, calls blockchain technology ‘very promising’

American Express (Amex), the multinational financial services corporation known amongst the crypto community for their increasing interest in blockchain technology, is at it again with positive comments on blockchain technology and praising Ripple. During the Wings of Change Europe conference, Carlos Carriedo, the American Express’s general manager of corporate payments indicated Ripple has the potential […]

By Reposted by Australian FinTech | Currency . FinTech . Payments
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Dec
11

Assembly Payments rolls out Westpac partnership while announcing international expansion

Leading Australian fintech Assembly Payments has today announced the next stage in its partnership with Westpac and its international expansion. Assembly’s Westpac partnership has seen its unique in-store solution approved by POS companies serving more than 50% of Australian retailers. The solution, which supports Westpac’s Presto payment device, was highlighted by Westpac CEO Brian Hartzer […]

By Australian FinTech | Banking . FinTech . Payments
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Dec
04

Australian payments fintech start-up Verrency secures major deal with the fastest growing bank in the United Arab Emirates

Global payments innovation service and Australia-based fintech Verrency is enabling payments innovation for the fastest growing bank in the United Arab Emirates, Liv., Emirates NBD’s lifestyle digital bank for millennials. The agreement will enable Liv. to leverage Verrency’s cloud-based payments service and fintech partners to enable cost-effective delivery of a multitude of value-added services to […]

By Australian FinTech | FinTech . Payments
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Dec
04

Bankwest accelerates shift to digital cards

Australian retail banks are accelerating their push towards deploying virtualised payment cards to replace vulnerable legacy plastic, as the pace and scale of breaches intensifies sharply. Commonwealth Bank subsidiary Bankwest revealed on Monday it has gone live with a ‘digital card’ feature that can activate a credit card in a digital wallet via the Bankwest […]

By Reposted by Australian FinTech | Banking . Currency . FinTech . Payments
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Nov
28

Fintech currency wars heat up as Pelikin prepares to launch

A travel cash mishap in Croatia was Sam Brown’s inspiration to launch startup Pelikin into the competitive space of travel money and foreign exchange. “I was in Croatia, I went to get money out, put my travel card into the ATM and then cancelled my transaction because I changed my mind. My travel provider thought […]

By Reposted by Australian FinTech | Currency . FinTech . Investing . Payments
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Nov
27

Cash payments are ‘niche’ says RBA governor

The governor of the Reserve Bank of Australia has said that Australians have embraced electronic payments and will continue to favour this payment method. Philip Lowe made the statements at the second annual Australian Payment Summit where he said that cash was becoming an increasingly niche payment. “It looks like a turning point has been […]

By Reposted by Australian FinTech | FinTech . Payments
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