Currency

Jun
22

Ethereum, rival to bitcoin, gains traction

With a rising market value and a roster of high-profile patrons, Ethereum in recent months has become the next hot thing in cryptocurrencies. Ethereum is an open software platform, comprising a currency called ether, a public “blockchain” ledger for keeping track of transactions and tools for building so-called smart contracts that automatically make payments when […]

By Cameron Dart | Bitcoin . Blockchain . Currency . FinTech . Payments
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Jun
21

OFX launches new online seller service

OzForex Limited trading as OFX (OFX), one of the world’s largest international payment businesses, has today announced the launch of OFX for Online Sellers, a new online merchant solution that streamlines payments from international marketplaces such as Ebay and Amazon into bank accounts in USA, Canada, UK, Eurozone, Hong Kong, and Australia. The new product […]

By Cameron Dart | Currency . FinTech . Payments
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Jun
03

Bitcoin available over the counter at a newsagency near you

Two Australian tech start-ups are launching an over-the-counter platform for selling Bitcoin making it available to everyday consumers and providing online retailers and the newsagents offering the service more income streams. It means Australians will be able to buy Bitcoin over the counter with cash for the first time. The technology is being deployed to […]

By Cameron Dart | Bitcoin . Blockchain . Currency . FinTech
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May
30

With Gyft.com Inaccessible Outside of the US, You Can Still Buy Gift Cards Using Bitcoins

In May 2013, one of the biggest news was that Gyft.com had chosen to accept Bitcoin. Purchasing almost everything using Bitcoins was now a reality. This is because Gift cards from over 200 retail brands are sold on the digital gift card platform. And that translates to close to hundreds of thousands of both online […]

By Cameron Dart | Bitcoin . Blockchain . Currency . FinTech
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May
24

DigitalX announces deal with global telco Telefónica

ASX ANNOUNCEMENT: DigitalX Limited (ASX:DCC and “the Company”) is pleased to announce that Telefónica Internacional S.A.U. (“Telefónica”) is the Company’s first strategic partner in Latin America following the successful integration of the DigitalX AirPocket App into Telefónica’s network. The mobile phone giant signed a marketing, distribution and sales agreement with DigitalX, which was announced to […]

By Cameron Dart | ASX . Bitcoin . Blockchain . Currency . FinTech . Payments
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May
19

OFX celebrates a momentous $100bn transfers internationally milestone

MEDIA RELEASE: OFX, Australia’s leading international payments provider and Fintech leader, have today announced a significant milestone in their transaction history, reaching $100bn in international transfers since launching nearly 18 years ago.   The announcement follows CEO Richard Kimber’s first financial year results, revealing the company exceeded $100m in profit for FY16.   In the […]

By Cameron Dart | Currency . FinTech . Payments
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May
10

OFX launches weekend trading

MEDIA RELEASE – Customers can now make international money transfers 24/7 OFX (formerly OzForex), one of the world’s largest international payment businesses, has today launched 24 hour, 7 day a week trading, giving customers the convenience to transact on weekends. The 24/7 international payments service is part of OFX’s strategy to focus on its customers […]

By Cameron Dart | Currency . FinTech
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May
05

Budget 2016: fintechs; MoneyPlace, OzForex hail recognition

The Turnbull government’s maiden budget may have lacked the necessary fireworks for the local innovation sector but fintech start-ups are not complaining. Melbourne-based peer-to-peer lender MoneyPlace’s founder and CEO Stuart Stoyan is pleased to see the Australian fintech ecosystem singled out in a budget that didn’t dole out many handouts to start-ups. “It’s an election […]

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