Tag: Australia
Klarna closes a $800M investment fund to strengthen its valuation
BNPL fintech Klarna has announced the closing of a $800M investment fund that has elevated its valuation to $6.7bn.
With an eye on expanding the...
NPP Australia expands PayTo service in the region
In a boost for the Australian payment market, the country’s first payment service providers have begun offering PayTo to their merchant and business customers.
The...
Identitii and Rabobank AU sign a five-year SLA
Risk mitigation firm Identitii has signed a five-year software licence agreement with Rabobank Australia.
The contract will see the Australian arm of the Dutch multinational...
ACCC sues Mastercard for alleged supply of debit cards
The Australian Competition and Consumer Commission (ACCC) has commenced legal proceedings against Mastercard Australia and Asia Pacific over alleged anti-competitive conduct.
The ACCC goes into...
Mobile wallet market forecasted to grow by 22% by 2031
Research carried out by Transparency Market Research expects the global mobile wallet market growing by 22.2% over a forecasted period between 2022-2031.
These recent findings...
NAB set to launch BNPL offering
The National Australia Bank (NAB) is set to launch a new BNPL function to its services for inviting customers to pre-register.
Labelled ‘NAB Buy Now...
Commonwealth Bank of Australia halts cryptocurrency project
The project was meant to provide bank customers with the option to buy and sell up to 10 cryptocurrencies.
QR code payments in Australia receive guidatory framing
Quick Response (QR) payments in Australia were given a set of guidelines issued by the Australian Payments Network (AusPayNet).
Designed to bring clarity and consistency...
Monoova and TrueLayer to bring CDR-powered payments in Australia
Monoova will use TrueLayer's CDR-compliant open banking service to ramp up invoice processing and more.
MogoPlus and TrueLayer connect to enhance financial data
MogoPlus has joined forces with TrueLayer to enhance its knowledge and growth in the financial data space.
The partnership looks to enable the bank transaction...
