Tyro settles $10 million legal action with Kounta
Tyro Payments have provided an update on the legal proceedings commenced against Kounta, with Kounta pay Tyro $10 million in damages.
ASX-listed fintech Douugh launches new Merchant payment gateway, Douugh Pay
Central to Douugh’s scale up strategy of its direct to consumer offering is via merchant partnerships, with the launch of its new Douugh Pay product.
Australia’s fintech activity falls 76% to A$910 million amidst global slowdown
Australia saw a 76% drop in fintech deal value in 2023 to US$587.5 million (A$910 million), while the deal count fell by a third to 95 transactions.
Visa’s AI-based real-time payment fraud monitoring solution prevents more than $700 million in fraud from disrupting Australian businesses and consumers
Visa’s AI-based real-time payment fraud monitoring solution has helped Australian financial institutions prevent $714 million in fraud from disrupting Australian businesses in a year.
iGoDirect Group awarded Principal Member issuing licence by Visa in Australia
iGoDirect Group has become a Principal Member of Visa, obtaining an issuing licence in Australia and strengthening its position in the fast-growing prepaid payments market.
Australian FinTech company profile #175 – SpendConsole
SpendConsole revolutionizes enterprise business operations by streamlining supplier invoice management and payments, enhancing efficiency, compliance, and security.
Fat Zebra acquires fellow Australian fintech Adatree
Fat Zebra have acquired fellow Australian fintech Adatree, an accredited data recipient transforming data solutions within the CDR framework.
Airwallex announces multi-year partnership with McLaren F1 team
Airwallex have today announced a multi-year partnership with the McLaren Formula 1 team, one of the sport’s most iconic brands.
