Apr
30
e-Pocket: new platform brings crypto and traditional currencies into one digital wallet
E-pocket is a new platform set to transform the mobile payment market by making cryptocurrencies just as easy to earn, spend and manage as your regular Aussie dollar.
Apr
30
Jaguar could pay you every time you drive your car
Your driving data is important and Jaguar Land Rover wants to pay you for it. And the company will use it in a surprisingly worthwhile way.
Zip Co revenue soars as new partners come on-line
Shares in buy now pay later company Zip Co have surged higher after the group reported a 20 per cent lift in revenue for the third quarter.
Apr
29
No more PIN payments as fingerprint-scanning bank cards launch in the UK
Biometric cards which enable people to verify payments using their fingerprint rather than needing to enter a PIN are now being trialled for the first time.
Apr
29
PayPal agrees to invest $500m in Uber, says it will help develop taxi operator’s digital wallet
Global online payments operator, PayPal, has gotten into an agreement to invest $500 million in cab aggregator provider, Uber.
Apr
17
Bluechain launches in Australia with Amex
Anglo-Australian fintech Bluechain Payments Ltd has partnered with American Express, enabling Bluechain to offer highly competitive rates on Amex card transactions for its rewards payment service in Australia and New Zealand. Bluechain’s payment platform will assist Amex grow its share of the US$250 trillion bill payments market and allow consumers and businesses to “cardify” their purchases by using an American Express card for almost any payment—even where Amex or other major credit cards are not accepted. A Bluechain user could, for example, pay their council rates with Amex, even though most councils don’t accept Amex cards either when paying online or in person. The cardholder gets the American Express reward […]
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Apr
17
Big cards, personal loans player takes a look at Zip Co
Payments company Zip Co's shareholders have more than doubled their money this year, but the strong run may have crippled their chance of a buyout. Street Talk understands local credit cards and personal loans company Latitude Financial Services - which is owned by global heavyweights KKR, Varde Partners and Deutsche Bank - has been watching the ASX-listed payments provider. Sources said Latitude's new management team, spearheaded by former Australia Post boss and investment banker Ahmed Fahour, has spent some time considering ways to get into the buy now pay later sector, which looks like disrupting part of its more traditional banking book. And as small cap managers know - and […]
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Apr
16
What does NPP mean for businesses and how on earth do they implement it?
Since going live on the 13th of February last year, retail banking customers have adopted NPP on mass. In fact, a number of major banks now use the NPP as a default method of transferring funds between Australian accounts. However, so far, progress has been slower for businesses despite some obvious benefits of real-time, data-rich, immediately-resolved payments. And not only that: NPP payments have the potential to be significantly cheaper than credit cards – the only alternative real-time option. We at Moneytech specialise in the automation of domestic payments flows for businesses. From our perspective, it looks like there are two reasons for the slower business adoption rate. The first […]
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