Understanding Australia’s proposed digital wallet regulations
APRA has suggested better accommodations for digital wallets, payment services and other stored value facilities.
APRA could oversee Facebook’s controversial cryptocurrency play Libra
The banking regulator APRA says it could oversee Facebook’s controversial push to introduce a new global cryptocurrency into Australia.
Liven x Apple Pay partnership encourages Aussies to leave their wallet at home when they dine out
Melbourne-based fintech startup Liven announces Apple Pay partnership so Aussies using the Liven app will now be able to make use of invisible payments.
Jack Dorsey’s Square says Aussie banks were anti-competitive
Jack Dorsey’s US payments giant Square has accused Australia’s major banks of engaging in anti-competitive conduct when it entered the local market.
The RBA’s daring crypto experiment
The RBA has revealed that it has simulated a crypto experiment using central bank-backed digital tokens in the wholesale payments system.
Novatti secures $18m investment in preparation for digital banking service
Fintech company Novatti Group has secured further cornerstone investors committing $18m in preparation for the launch of their digital banking service.
Zip shares jump as ‘older millennials’ look to buy now, pay later
Zip shares jumped 3% on Monday after a market update showed revenue hit $38.5 million in the December quarter, a 24% increase on the previous quarter.
Survey points to the devastating impact of late invoice payments on families and SME’s
Nearly one in two (47%) surveyed SME decision makers said that late invoice payments had caused them ‘significant’ stress in the past.
