Australia

Articles

Cashless Society: Myth or Reality? Top Cashless Nations Globally

Envision a future where all the transactions are paperless. For some, it feels like utopia with less theft and more convenience, while others suggest more dystopian scenarios where all your money and assets can be taken away by an evil omnipresent government at any moment. While I, personally, believe truth lies somewhere in between, many […]

Articles

From Cards to Direct Transfers: The A2A Payment Transformation in Europe and Beyond

The global payment landscape is rapidly changing driven by a seismic shift in popular transaction methods. A closer look at payment statistics reveals that account-to-account (A2A) transfers are ascending in importance. Its growing dominance among other payment types is especially evident in the European market.

News

Fiserv Acquires Pinch Payments

Fiserv stated that it had acquired payment facilitator (PayFac) Pinch Payments and its management platform Glassbox.

Fintech & Ecommerce

Mastercard to Tackle Payment Fraud in Australia With Biometrics

In Australia, card-related payment fraud neared $1 billion in 2024. Mastercard suggests biometrics and other advanced security measures will help alleviate the problem by the end of the decade.

Fintech & Ecommerce

Fiserv Brings Clover POS to Australia

Smart POS platform Clover, created by Fiserv, is launching in Australia to power local SMEs.

News

Google Wallet Now Enables Supervised Payments for Kids

As more and more kids get payment cards, Google Wallet updates its functionality to enable in-store cashless payments for those youngest generation representatives who received parental consent.

Blockchain & Crypto

Wirex Secures Registration in Australia

Crypto company Wirex has received a digital currency exchange registration in Australia, entering another prospective market as a regulated entity.

News

Goodman Group Shines Among Australian Property Companies

Goodman Group’s shares have been on an upward trajectory over the current year, performing better than other similar companies in the Australian real estate area, as the so-called artificial intelligence boom has triggered a high-intensity increase in demand for data centers.

Fintech & Ecommerce

Visa Analysis Reveals Online Holiday Shopping Growth

Online retail shopping during the holiday season increased by 7.1%, according to Visa observations, though the majority of purchases still take place in brick-and-mortar stores.

Science & Technology

Australia Develops Plan to Boost AI Investment

In Australia, the Department of Industry, Science and Resources is starting work on a National AI Capability Plan.

News

Australian Fintech Faces Contraction, Blockchain Hit Hardest

Despite global interest in cryptocurrency, Australia has seen the closure of several blockchain and crypto startups, amid the overall decline of fintech innovation in the country.

News

Deutsche Bank Brings Merchant Solutions to APAC

Deutsche Bank Merchant Solutions capabilities are officially available in Australia, India, Indonesia and South Korea. They provide the bank’s clients with a global payment acceptance platform with a diverse range of local payment methods.

News

Australia Passes Social Media Ban for Children Under 16

Australia on Thursday, November 28, passed a law banning social media for children under the age of 16 after an active and high-profile public resonance, which has become one of the most discussed topics in the country.

Fintech & Ecommerce

Zeller Unveils Terminal 2 Integrated Payments & POS Solution

Australian fintech Zeller introduced an all-in-one payments and point-of-sale (POS) solution for businesses called Terminal 2, setting a new benchmark in retail technology.

Science & Technology

Samsara Eco Raises $65M Funding Round to Expand Its Plastic-Eating Enzymes

Samsara Eco proprietary technology uses enzymes to disaggregate plastic waste into raw materials, which can eventually be transformed into the foundation for new products.

News

Meta Considers News Blocking From Facebook in Australia

Meta is currently considering blocking news content on its Facebook digital platform in Australia.