Search Result: propell


Scale to profit: Afterpay, Zip plot global domination

Global domination propelled by the accelerating shift to e-commerce during the coronavirus pandemic has helped buy now, pay later leaders Afterpay and Zip.


Zip Co propels higher on US takeover target update

A proposed US takeover that propelled Zip Co shares in June is once again lifting investor sentiment for the buy-now-pay-later group.


World FinTech Report 2020: FinTech collaboration is even-more essential now for banks to achieve customer-centricity

Capgemini Australia has launched its annual World FinTech Report for 2020, examining how FinTech collaboration is even more essential for banks to thrive.


Amex spotlights bank hypocrisy in screen scraping liability row

American Express has put the boot into Australia’s Big Four banks over their objections to fintechs using screen scraping to onboard customers.


Australian FinTech company profile #22 – BGL Corporate Solutions

BGL Corporate Solutions develop amazing compliance software solutions simplifying our clients lives with cloud-based, award-winning technology.


CBA plugs 500,000 customers into Apple Pay in just two weeks

The Commonwealth Bank of Australia’s backflip on its longstanding Apple Pay boycott has paid off in spades, with more than half a million people flocking to the new payment service just two weeks after it was made publicly available to customers. The stampede of iPhone users is so big it has boosted the CBA’s total number of mobile banking by half, propelling the number from 1 million Android users to a total of 1.5 million total mobile numbers. The fresh numbers were revealed to investment analysts this week by CBA chief executive Matt Comyn, who credited the bank’s customer engagement platform for the delivering the result, before outlining how robust […]


Fintech disruption threatens wholesale payment revenues

Banks with large wholesale payments and cash management operations must innovate to avoid being ousted by disruptors. Wholesale payments and cash management (PCM) is a rapidly growing area, but existing players are under threat from technological disruption and must innovate in order to survive, according to a report by management consulting firm Oliver Wyman. In ‘Wholesale payments report: Disrupt from within’, the consultancy argues that banks must look closely at the strategies adopted by challengers and make changes to their legacy systems in order to defend their turf. “We see up to $175 billion (70% of revenue pool) in revenues at risk for incumbents,” writes Ronan O’Kelly, partner at Oliver […]


The reasons Bitcoin is still first in the ranks

After a decade, Bitcoin is still ranked number 1 on the list of cryptocurrencies. No other coin has come close to taking its crown and reaching the level of the Bitcoin price. In fact, in 2018, it seems to be cementing its place at the top rather than slipping. We know that Bitcoin is just a protocol and that protocols can easily be copied and forked to create new cryptocurrencies. Many of those new currencies seem to have a technological advantage over Bitcoin. So what is it about Bitcoin that keeps it at the top?   Bitcoin is Still Number 1 Despite everything that has happened, Bitcoin has retained over […]