‘100 payments in seconds’: Startup piques Visa’s fintech interest
Yak Pay enable customers to do things quickly – it’s 100 payments in a matter of seconds, compared to the old way of having to ring up or go to each website
ACCC names its open banking testers
Ten fintech companies and start-ups have been chosen to test the open banking component of Australia’s consumer data right in the lead up to its launch.
Australia report shows how banks gouge, and Fintechs may provide a better service, when it comes to International Money Transfers
The Australian Competition & Consumer Commission (ACCC) has published an interesting report on international money transfers.
Xinja Bank receives full banking licence from APRA
Xinja Bank was today granted a full banking licence, and opened bank accounts to early customers: the first transaction accounts from a 100% Aussie neobank
Zip Co master trust up and running with $400m deal
Buy now, pay later payments provider Zip Co has won over equity investors in recent months, and has now set its sights on credit funds.
Frankie Financial powering Aussie neobank boom with new regtech
Frankie Financial announces it has signed deals with Xinja Bank and Novatti Group, as it works to provide the tools to power Australia’s NeoBank boom.
Are we looking at a cashless future?
When was the last time you paid for something with a fat wad of notes or a handful of shrapnel? Even if you wanted to, you may not have had the option – according to the Commonwealth Bank, the number of Aussies making cash payments is shrinking, while the number of businesses going completely cashless is growing. Cashless payments are becoming more and more popular around Australia, with CBA finding that a contactless or “tap” payment is now the preferred payment method for more than 90 per cent of purchases. CBA also found that between January 2017 and January 2019, contactless payment transactions have grown by 140 per cent. A […]
