Banks still stalling real time payments: RBA
Big banks clinging to their legacy payments and IT platforms are continuing to stymie tangible benefits to consumers and business
EML Payments acquires UK fintech for $40.5m
EML Payments is bolting onto its growing European business with the purchase of UK fintech Flex-e-Card Limited.
Payments the ‘latest victim of disruption’ – consumers modernising wallets
Afterpay originally launched in 2015 and merged with payments technology company Touchcorp in mid-2017. Afterpay now services more than 3.1 million active users
RBA warns of ‘lock-out’ risk from rise of phone payments
The Reserve Bank has warned that growth in payments driven by smart phones, watches and other wearable devices must not stifle competition.
Global digital payments solution company, Splitit’s securities at a trading halt
The securities of Splitit Payments were placed in a trading halt at the request of the company, pending the release of an announcement.
Why AI-powered personalisation is crucial for QSRs
For a new customer, reading a menu for the first time can be overwhelming and confusing. AI removes this stress by presenting intuitive options.
PayPal skips Bitcoin while ‘clearly working on Blockchain and Cryptocurrency’
PayPal believes it is too early to pronounce Bitcoin as the future of payments. Nevertheless, the $128 billion financial services firm is pursuing blockchain and cryptocurrency projects.
Facebook ‘has lit a fire’ under Bitcoin and crypto
Facebook, boasting more than two billion users across its various platforms, is ramping up its plans to launch a rival to bitcoin.
