Smartphone payments soar as digital wallets gain traction
Figures from banks show the use of digital wallets – smartphone payments or wearable devices that can make payments – is soaring.
Australian businesses shun cash amid pandemic concerns, research finds
A new report from payments company Square reveals that Australian businesses have experienced a cashless growth spurt amid the coronavirus pandemic.
Facebook is reportedly expanding its banking ambitions with a new division that will run all of the tech giant’s payment projects, including Facebook Pay
Facebook is launching Facebook Financial – or F2 – which will oversee all of the tech giant’s payments projects, including Facebook Pay.
Revolut rolls out in Australia with financial ‘SuperApp’
Global fintech Revolut is building towards a financial SuperApp that enables Australians to truly take control of their finances in one place.
Visa, Mastercard and PayPal are changing their tune on Bitcoin and Crypto
Payments giants Visa, Mastercard and PayPal have had a rocky relationship with bitcoin and cryptocurrencies in recent years.
Mastercard accelerates cryptocurrency program for crypto card issuers
Mastercard announced the expansion of its cryptocurrency program by inviting cryptocurrency firms to join their Accelerate program.
How the pandemic pushed forward the development of digital payments
The pandemic has accelerated the worldwide transition to digital payments while serving as a catalyst for the modernization of the financial industry.
Aussie startup Sempo bags $1.6 million from the EU to fund crypto-for-good project in partnership with Oxfam
Aussie blockchain fintech Sempo has secured $1.6 million in funding from the European Commission to fuel digital aid projects in partnership with Oxfam.
