New retail investors go digital
The latest Investment Trends 2021 1H Australia Online Investing Report showed the number of online retail investors is up 35% year on year to May 2021.
Three innovations that have accelerated due to the rise in digital payments
According to FIS’ research, Australia will be almost completely cashless within three years, with the pandemic speeding up the shift to digital payments.
Banks feeling the pinch with big approval delays: how digital onboarding and banking automation can relieve the pressure
Digital onboarding and banking automation present a clear way forward instead of a reliance on manual processing of assessments and approval processes.
Businesses seeking government support during COVID sees tech platform record 150% surge in enquiries
Tech platform Synnch, is experiencing a 150% surge in new business enquiries, 12-months on since the first lockdown shut down the Australian economy.
Digital Wallets are now the most popular payment method in the World
The big news this year was a surge in digital wallet spending, which became the most popular payment method for e-commerce and POS transactions.
Bitcoin surges past $60,000 for first time
Cryptocurrency Bitcoin has risen for the first time above US$60,000 (£43,100 / A$77,000 / €50,000), continuing its record-breaking run.
Small businesses shift quickly to digital as they adapt to impact of COVID-19
New Mastercard research on the impact of COVID-19 on Australian SMEs shows they have adapted swiftly to the challenges by embracing digital commerce.
Bitcoin surge analysis from Binance Australia
Thanks to inflation, bitcoin has reached record highs of more than AUD $27k on 1 December 2020, surpassing 2017’s all-time high (ATH) of $26.5k.