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.
Commonwealth Bank trials smart-money on blockchain
A new type of smart money, powered by blockchain, has been successfully trialled by CSIRO’s Data61 and the Commonwealth Bank.
Suncorp adds eftpos cash functionality to Apple Pay
Retail bank Suncorp has followed ANZ in adding eftpos functionality to its Apple Pay offering as the tussle to get to the top of consumers’ digital wallets between local and international payment schemes intensifies.
