Tag: Australia
Aussie banks hit back at Apple over mobile payment dispute
A consortium of Australia’s biggest banks has abandoned its attempt to negotiate as a bloc with Apple over the cost of using its mobile payment system. Read more: www.bloomberg.com
Afterpay partners with Tyro to offer its service to SMEs
The partnership will have Afterpay’s deferred payment product provided to several thousand small businesses using Tyro’s EFTPOS terminals. Read more: thetechportal.com
Apple hits out at Australian banks over Apple Pay boycott motive
Apple has stepped up its battle with Australia’s banking industry over the future of mobile payments. Read more: www.bloomberg.com
Australia plants seeds for FinTech cybersecurity industry
Australia wants to nurture a homegrown cybersecurity speciality in FinTech, as the government moves to be less dependent on technologies from overseas. Read more: www.bankinfosecurity.com
Australian Federal Treasurer pushes FinTech agenda
Federal Treasurer Scott Morrison said the growth of FinTech has produced a shift in how businesses operate resenting challenges and opportunities. Read more: Read more: www.cryptocoinsnews.com
SoFi targets mortgage lending in Australia
SoFi, is preparing to launch in Australia to offer mortgages in direct competition with the banks. Read more: www.afr.com
Square launches suite of payment APIs to enhance offerings
Square continues to roll out its new products in Australia, Build with Square being its latest offering which offers a suite of payment APIs (Application Programming Interface). Read more: www.thetechportal.com
FinTech: UK vs Australia
Australia has struggled in many of the aspects that have allowed the UK to thrive. Australia’s banks have a strong foothold and are nimbler than their UK counterparts. Read more: www.altfi.com
Australian FinTech forecast for 2020
Australian FinTech revenue will grow at a CAGR of 76.3% and exceed A$4 billion by 2020. Read more: www.prnewswire.com
2017 Predictions for InsurTech, Australia D&O & India cyber insurance
Insurtech was an insurance buzzword in 2016 and that’s likely to continue next year when it will permeate almost every aspect of U.S. industry. Read more: www.insurancejournal.com