Search Result: split payments

Jun
18

Afterpay rival Splitit surges 50pc on Mastercard deal

Shares in ASX-listed buy now pay later fintech Splitit have surged after it announced a partnership with global payments giant Mastercard.

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Jun
03

Virtual economy bolsters payments industry amid COVID-19 crisis, says Monoova

When high-street shops were closed and people were quarantined in their homes, the virtual economy ensured an alternative supply of everything.

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Mar
27

Touchless payments can help SMEs and their customers amid COVID-19 pandemic: Monoova

Monoova is encouraging small business owners to consider updating or evolving their touchless payments processes amid the COVID-19 (Coronavirus) pandemic.

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Oct
17

Introducing the World’s First Open Banking Real-Time Payments Platform

The Australian payments ecosystem is set for significant change in 2020, as Open Banking is released in stages, and real-time payments continues to grow.

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Splitit

Split Payments in Split Seconds

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Jan
29

Afterpay challenger Splitit up 90 per cent on first day of trade

Israeli fintech start-up Splitit has got the tech initial public offering market off to a cracking start for the year, with the payments-splitting company jumping 90 per cent on it first day of trade. Having raised $12 million and listed with an issue price of 20¢ on Tuesday, Splitit ended the day at 38¢, giving it a valuation of $100.3 million, having capitalised on the momentum behind peers such as Afterpay and Zip Co. The company, which was founded in 2012 by Gil Don and Alon Feit, has created technology that sits on top of the payments “rails” used by Mastercard and Visa to allow individuals to split the cost […]

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Dec
04

Australian payments fintech start-up Verrency secures major deal with the fastest growing bank in the United Arab Emirates

Global payments innovation service and Australia-based fintech Verrency is enabling payments innovation for the fastest growing bank in the United Arab Emirates, Liv., Emirates NBD’s lifestyle digital bank for millennials. The agreement will enable Liv. to leverage Verrency’s cloud-based payments service and fintech partners to enable cost-effective delivery of a multitude of value-added services to customers. Launched last year, Liv. is a mobile-only bank offering a lifestyle-based banking experience targeted at millennials. It is also the fastest growing bank in the country, with over 150,000 customers as of date. Verrency’s Commercial Director for Asia and Middle East, Aaron Oliver, said: “Verrency will enable Liv. to deliver on its innovation-led proposition […]

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May
29

​Big bank-backed Beem It launches Aussie payments app

The Commonwealth Bank of Australia (CBA), the National Australia Bank (NAB), and Westpac in October announced that they would be joining forces to create Beem It, an organisation focused on payments, but behaving like a startup. While the project has been in the works for a few months, Beem It quietly launched in both the Apple App Store and the Google Play Store earlier this year, allowing the use of the app since the beginning of May. The app enables sending and receiving money, with an interface reminiscent of a social media app. “We’re going to do pay, request, and split better than anyone else does in the market,” Beem […]

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