AI and big data knocks $36.4b off payments fraud
Visa’s Asia-Pacific head of risk, Joe Cunningham, said the vast majority of fraud on payments cards worldwide was now taking place in e-commerce.
Fintech unicorn rewrites forex rules to snag big bank profits
The struggles of a speciality coffee shop run by two budding entrepreneurs in Melbourne lie behind the success of Airwallex, Australia’s newest unicorn.
Apple may be prepping to turn your iPhone into a crypto wallet
Apple is likely preparing to let iPhone owners turn their devices into hardware wallets that allow them to store and use bitcoin and other cryptocurrencies
Visa, Uber and PayPal are reportedly backing Facebook’s Cryptocurrency
The WSJ reports that among those that bought into Facebook’s cryptocurrency are Visa, Mastercard, PayPal, Uber, Stripe, Booking.com and MercadoLibre.
Victorians flock to Google Pay myki alternative
The number of Victorian commuters using Google Pay for public transport is nearing 100,000, just 11 weeks into the state’s new cardless myki scheme.
Opal card integration with Apple Pay, Google Pay? Dominello dares to dream
Commuters hoping to ditch their physical Opal smartcard for a virtual equivalent in a digital wallet could be waiting some time yet.
Visa B2B Connect launches globally
Visa launches the Visa B2B Connect network, giving financial institutions an ability to securely process high-value corporate cross-border payments globally
Global digital remittances forecast to reach US$525 billion by 2024: report
International digital remittances will reach US$525 billion by 2024 as traditional players in the market face fintech challenges, according to a new research report.
