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.
A record $117 billion in fintech deals have been done this year as cashless payments soar in popularity
Fintech-targeted mergers and acquisitions has increased rapidly over the last five years, and the value of deals in the space has hit a record high in 2019
Afterpay, Zip propping up sluggish retail sales
In the six months to December 2018, listed buy-now, pay-later providers Afterpay and Zip accounted for about 16% of the growth in retail spending.
Verrency reaches a milestone with over 30 strategic partners
Verrency has secured 32 strategic partners to leverage the company’s enterprise grade, curated API capabilities at financial institutions.
