Payments

Aug
12

BPS Technology acquires Entertainment Publications

Leading channel enablement and payments platform provider BPS Technology Limited (“BPS”, “BPS Technology” or “the Company”) is pleased to announce the successful completion of its underwritten $27.5 million institutional placement.   Net proceeds of the capital raising will be used to fund the transformative acquisition of Entertainment Publications Australia and New Zealand (“Entertainment” or “Entertainment […]

By Cameron Dart | ASX . FinTech . Investing . Payments
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Aug
12

zipMoney – User Experience

We here at Australian FinTech are mad mountain bike riders. So when one of us – me – decided it was time to buy a new bike, this time a road bike, I thought that instead of just walking in and paying cash or dumping it yet again on the credit card, why not utilise […]

By Cameron Dart | ASX . Borrowing . FinTech . Payments
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Aug
11

The fintechs targeting SMEs

Fintech companies have increasingly started targeting SMEs looking for ways to finance their businesses, but fintechs shouldn’t expect a revolution without a few setbacks. At least, that’s the view of some of the industry’s own experts and participants. With the market having had a few years to run its course, digital lenders, payment platforms and […]

By Cameron Dart | Borrowing . FinTech . Lending . Payments
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Aug
10

Apple says Australia’s banks pose a security threat to iPhones

Apple has launched a blistering attack on three of Australia’s big banks, saying their request to collectively negotiate over digital wallet access to the iPhone will compromise the handset’s security, reduce innovation and blunt Apple’s entry into the payments market in Australia. In a sign of growing acrimony between the world’s largest company and the […]

By Cameron Dart | FinTech . Payments
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Aug
05

Visa hunts Australian and New Zealand fintech start-ups with launch of contest

Payments giant Visa is on the hunt for Australia and New Zealand-based fintech start-ups, with the local launch of a contest it hopes will encourage the brightest young companies to develop applications on its network. They will open up applications for the contest it calls The Everywhere Initiative this week, which will require tech companies […]

By Cameron Dart | Banking . FinTech . Payments
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Aug
03

BPS Technology further expands Bartercard operations in USA

BPS Technology continues to execute its Bartercard growth strategy in North America, opening new franchises in New Hampshire, Alabama and Georgia, with at least four more US franchises in the pipeline Leading financial technology platform provider BPS Technology Limited (ASX: BPS, “the Company”) is pleased to announce that it has continued to expand the reach […]

By Cameron Dart | FinTech . Payments
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Aug
02

TruRating clinches $16.5 million in latest funding round as it looks to further global expansion

UK mass-market ratings system, TruRating has today announced that it has raised $16.5M AUD (£9.5M GBP) in Series A funding, which will be used to further propel the company’s expansion into global markets and enable TruRating to further develop new technology to provide additional value to consumers. This funding round was led by Sandaire, wealth […]

By Cameron Dart | FinTech . Payments
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Jul
29

Fintech luring more bank customers, says UBS

More Australians will turn to start-ups for financial services in the next year, according to a UBS report, which shows incumbent banks are complacent about the threat of disruption but are also seeking to partner with fintech firms to help them cut costs and improve customer experiences. UBS banking analysts surveyed 27,914 customers of more […]

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