Australian financial instos show support for blockchain
The Australian financial services industry may have seen a shift in sentiment towards blockchain, with major financial institutions supporting BC Gateways’ new blockchain platform, The Gateway. The platform, which is designed for the global industry to publish and distribute any type of structured data, conducted a pilot in Sydney late last year focused purely on distributing pricing data in the Australian wealth management industry, with IRESS, Aberdeen Standard Investments, Perpetual and Equity Trustees among the participants. IRESS chief executive, Andrew Walsh, said it was keen to change the way financial data was delivered, and the multiple connectivity options to the BC Gateway would allow them and other participants to quickly […]
Heinemann Sydney Airport stores now offering Alipay through Tyro
Australia’s business-only bank Tyro, announced its next Alipay integration with Sydney Airport tax and duty-free retailer Heinemann Australia, where the payment system is now live. Tyro is the first Australian bank to offer Alipay to its merchants with Heinemann Gold Coast International Airport going live last month, following the deal signed with Alipay in August 2018. With 900 million users choosing to pay for goods and services globally via Alipay and its strategic partners, it has evolved from a digital wallet to a lifestyle enabler and is the number one payment method in China. Through its partnership with Alipay, Tyro is now helping Australian businesses access the ever-expanding Chinese visitor […]
Aussie fintech brings leading Chinese mobile payment platform to local shores
AirPay Financial Technologies has teamed up with major Chinese company SwiftPass to give Australian retailers, e-commerce sites and mobile apps better access to a booming consumer market through mobile payments. The two groups have formed the new lifestyle brand ‘AirPass’, allowing local Australian businesses to accept WeChat Pay and Alipay both online and offline, as well as reaching overseas markets to capitalise on the global Chinese spending boom. AirPass will also help Australian retailers and brands set up their own WeChat eStores to tap into Chinese social marketing channels, reaching new customers in China along with Chinese communities around the globe. The Australian company has offices in Melbourne, Sydney and […]
Don’t miss out on Moneytech’s Coding For Payments workshop
Building tailored payments workflows is often difficult. But as people increasingly are expecting seamless movement of funds as part of their app/product/service experience, coding for payments is becoming more important. Simply adding a credit-card gateway might not be enough. This workshop is about exactly that: how do we build tailored API-driven payments workflows. From “receive” through “manage” to “pay”. The Moneytech workshop will cover the following: Non-technical overview of payment landscape and what NPP and Open Banking means High-level compliance considerations The “building blocks” of Australian payments – direct entry, BPAY, credit cards, NPP, virtual accounts, tokens etc – and things to think about for each of them Practical code […]
Lakeba achieves $20M startup sales record for Paid By Coins
Australian technology innovator Lakeba, who has launched over ten new ventures in the Australian market since 2016, today announced the $20M sale of their Paid by Coins venture to Mobecom (ASX:MOB) only seven months after launching the platform in early 2018. “Lakeba built, deployed and exited the Paid By Coins business in less than seven months, achieving what few startups have before them. This accelerated acquisition timeline demonstrates the rigour and depth of Australian innovation and sets a new benchmark for the rapid commercialisation and sale of market-relevant, high demand emerging technology solutions,” said Giuseppe Porcelli, CEO and Founder of Lakeba. Paid by Coins is a secure payment solution for consumers, enabling […]
Industry experts appointed for the next phase of Peppermint’s strategic growth
Peppermint Innovation Ltd (ASX: PIL) today announced the appointment of two strategic advisors to assist in implementing the Company’s next phase of growth. Ms Gayle Cilfone has been appointed a Key Compliance Consultant to the Company and Mr Colin Chandler is taking up a position as a Strategic Advisor to the Board of Directors. Commenting on the respective appointments, Peppermint’s Managing Director Chris Kain said, “Gayle Cilfone has more than 20 years’ experience in the financial services industry, with specific expertise in compliance and risk management. Her skills set in the area of compliance and regulation will be very valuable for the Company’s remittance operations. “Colin Chandler brings to Peppermint […]
MT4 tech specialist Gold-i opens an office in Australia
MetaTrader technologies and integration specialist Gold-i has announced that it has opened an office in Australia, headed up by FinTech sales and technology specialist, Daniel Picone. The new Sydney-based office is a significant development for Gold-i as it focuses on increased business opportunities amongst brokers in Australia and New Zealand as well as expanding its footprint across the Asia Pacific region. Daniel Picone, who has spent the last seven years at Australian FinTech company, IRESS brings a wealth of experience to the role in terms of business development, account management and client support. He has spent four months on an intensive training programme at Gold-i’s UK headquarters in preparation for […]