9 Spokes signs global collaboration agreement with VISA USA
9 Spokes (ASX: 9SP), the leading marketplace and insights company to small businesses, announces it has signed a global Collaboration Framework Agreement with VISA USA. This agreement provides a framework for 9 Spokes and Visa to potentially collaborate on mutual areas of interest. The agreement itself does not infer any commercial benefits or obligations on […]
Apple Pay goes plastic: Goldman Sachs and Apple partner on new credit card launch
The Apple and Goldman Sachs joint credit card could be hitting the market soon. After announcing last year that the tech giant and Wall Street firm would be launching an Apple Pay credit card, the Wall Street Journal reports that employee testing of the product should begin within the coming weeks. Both companies are looking […]
72% of Aussies now using digital payments
Latest numbers from Roy Morgan reveal 72.4% of Aussies are using at least one form of digital payment, with adoption tipped to rise as society edges towards a cash and cardless environment. Results stem from Roy Morgan’s Digital Payment Solutions Currency Report, citing face-to-face interviews with 50,000 consumers in the twelve months to November 2018. […]
You want cash with that? ANZ plugs Apple Pay into eftpos
Millions of ANZ debit card holders will now be able to get cash out with over the counter Apple Pay transactions, after eftpos scored a massive win over the dominance of US credit card companies in smartphone payments. From today ANZ customers will get a new choice of picking cheque or savings for purchases made […]
DiviPay launches Australia’s first virtual corporate expense card
DiviPay, an Australian fintech start-up, has launched a virtual corporate card and expense management platform that helps SME’s control company spending and automate their team’s expense reporting. The platform is now open to registrations and a number of Australian businesses are already benefiting from no more reimbursements, credit card sharing and expense reporting. DiviPay enables […]
Fintech player Douugh scores MasterCard partnership
Australian fintech start-up Douugh has scored a new partnership with MasterCard, joining forces to launch a smart bank account with a debit card from the global payments giant. Douugh, which was founded by SocietyOne’s Andy Taylor, has created a personal financial assistant utilising artificial intelligence. But the start-up does not intend to become a bank, […]
Bankwest accelerates shift to digital cards
Australian retail banks are accelerating their push towards deploying virtualised payment cards to replace vulnerable legacy plastic, as the pace and scale of breaches intensifies sharply. Commonwealth Bank subsidiary Bankwest revealed on Monday it has gone live with a ‘digital card’ feature that can activate a credit card in a digital wallet via the Bankwest […]
Cash payments are ‘niche’ says RBA governor
The governor of the Reserve Bank of Australia has said that Australians have embraced electronic payments and will continue to favour this payment method. Philip Lowe made the statements at the second annual Australian Payment Summit where he said that cash was becoming an increasingly niche payment. “It looks like a turning point has been […]
