$22b of bank revenue at risk from smartphone wallets: Morgan Stanley
Smartphone digital wallets offered by Google, Apple and other technology giants will put $22 billion of revenue across the major Australian banks at risk, according to Morgan Stanley
Bills can now be paid with cryptocurrency even if biller doesn’t accept it
Thanks to Gobbill and Cointree, Australians who own cryptocurrency can use it to pay household bills even if the biller doesn’t accept digital money.
NAB’s move signals digital wallets are ‘the future’ of payments in Australia
NAB has become the third big four bank to offer Apple Pay, further cementing cardless payments as a major development in Australia’s financial landscape.
Australian FinTech company profile #16 – Doshii
With just one integration to Doshii’s API platform merchants can connect a variety of Apps using the Doshii marketplace to their Doshii Certified POS system
Samsung is developing its own Ethereum-based blockchain
South Korean tech giant Samsung is creating its own Ethereum-based blockchain network and may be planning to issue its own token
Australia’s favourite everyday department store Kmart switches on Zip
From the end of May, Kmart shoppers will be able to select Zip for flexible, interest-free repayments when they shop online with the iconic Aussie brand.
Westpac out in the cold as Apple Pay arrives for NAB customers
Westpac is the last remaining big Australian banking institution not to offer Apple Pay after NAB announced that the service had gone live for its customers
Frost & Sullivan: The great shift towards a cashless society
Banknote producers and mints are starting to consolidate and merchants are seeing the merits to cashless payments, shifting in favour of consumer demands
