New payments platform turns up heat on credit cards
The New Payments Platform will reduce demand for credit cards that many customers link up to apps such as Uber or Netflix to make automated payments.
FX fintech SendFX partners with Classic Holidays
SendFX announce they have partnered with Classic Holidays to offer their 65,000 members even more value when it comes to making foreign exchange payments.
Tencent’s Afterpay play could provoke US giants
Tencent’s quarterly earnings beat expectations as its social media, gaming and streamed media content was consumed by 1.2 billion users.
Group looks to fill JobKeeper payment lag
MarketLend CEO Leo Tyndall has presented a new way forward for small businesses struggling to pay employees as they wait for their JobKeeper payments.
Apple Pay drives contactless mobile payment increase; older Australians might need a nudge
Data from the Roy Morgan Digital Payments Report shows a sharp increase in use of non-bank contactless mobile payment services compared to a year ago.
Westpac backs mx51 to tackle global payments invasion
Westpac Banking Corp is backing a new payments spin-off – mx51 – to help it fend off an invasion by global payments software companies
CBA invests in Slyp to drive digital receipts
Commonwealth Bank has joined the other big banks as an investor in start-up Slyp, a provider of digital receipts which can help to eliminate paper receipts
Blockchain to secure contactless payments
Blockchain, which keeps track of all transactions, makes an excellent tool for financial services, particularly contactless payments.