Tech unicorn Airwallex raising more funds
Airwallex was valued at over $US1 billion ($1.5 billion) last year, making it a tech ‘unicorn’, after it raised $US100 million from high-profile investors
Payright supports AFIA Buy Now, Pay Later Code
Payright welcomes the recent announcement by the Australian Finance Industry Association (AFIA) on establishing a Buy Now, Pay Later Code of Practice.
ANZ and CBA push for consolidation of EFTPOS, BPAY and NPP
The days of using EFTPOS, BPAY and the humble BSB number to make transactions could soon be numbered, with CBA and ANZ pushing for consolidation.
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.
The RBA’s daring crypto experiment
The RBA has revealed that it has simulated a crypto experiment using central bank-backed digital tokens in the wholesale payments system.
Prospa survey shows no rest for SMEs this holiday season
A new study from Prospa has revealed just how hard small businesses are working this holiday season, particularly in regional Australia.
What is Blockchain Technology and how does it work?
Blockchain technology is a distributed ledger system that offers stronger security to the real-time digital economic process.
Sydney Fintech opens fund raise for $6M with extensive growth plans for digititalised gold
SendGold’s technology platform enables customers and businesses to hold and instantly exchange history’s most reliable safe haven asset, gold bullion.