Novatti payment processing revenue up 67% as COVID-19 sends world cashless
Australian fintech company Novatti Group (ASX: NOV) has reported a 67% rise in revenues from their payment processing business.
Awareness growing for neobanks
Consumer awareness of neobanks in Australia is growing with a number of these challenger banks leading in terms of brand recognition.
Industry support for consistent Advice Fee Consent approach
Licensees and platform providers have committed to defining a consistent industry approach to manage new requirements under proposed Advice Fee Consent legislation.
Apple, Google, Amazon, Facebook could push deeper into our wallets after coronavirus
The utopian paradise they promise would finally do away with the wallets and purses filled with money and plastic.
Aussies in isolation are finding connection through digital payments, according to Beem It
Dinners and nights out are currently a thing of the past, and without that, a new commonality of transactions and payments have been rising in popularity.
Banks are winning the digital war but for how long
Research from the RFi Group Global Digital Banking Report reveals that consumer trust in digital-only banks is only slightly lower than traditional banks.
Global fintech leader Airwallex closes $250m fundraising round, announces worldwide growth plans
Global fintech leader Airwallex today announced that it has closed its Series D fundraising round at A$250m (US$160m), marking its biggest raise to date.
Cash, ATM and bank branch use dips as virus transforms how we pay
Even paying with a plastic debit or credit card can risk spreading the virus, if it involves using your finger to key in a PIN number.