Oct
08
Preference for digital payments makes Australian banking ripe for fintech disrupters
Australian consumers’ love of contactless payments has helped push the country up global rankings that measure the use of non-cash payments across the world. Australia had the fourth-highest number of non-cash payments per person in the world, the report by consultancy Capgemini and bank RBS said. There were more than 300 non-cash transactions per person a year, the report said, putting Australia behind only Finland, the United States and the Netherlands. This is an increased from a few years ago, when Australia was ranked sixth in the report, and the rise reflects strong growth in digital payments for smaller purchases, where “tap and go” services on credit and debit cards […]
May
06
Currency in Fintech
Powered By: CompareForexBrokers.com Currency has always been the backbone of our modern society and since the day we stopped swapping gold with its real value for paper and coins with only agreed value we have been advancing the way we deal with currency. Today we can trade currency across the community and across the world without ever actually touching the notes and coins we once considered the most important part of our economy. In an era that requires only the digital version of what money represents we no longer need to focus on what the Treasury of each country can produce and can now re-imagine what currency is and how […]
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