digital payments Archives

CHEQUE OUT TIME: the Australian government’s payments strategy plan goes digital, ending cheques by 2030

David Braue - June 9, 2023 3 MIN READ

Buoyed by dramatic changes in the way consumers pay for goods and services, Australia’s payments processing ecosystem will be overhauled based on a new strategic plan that includes the phasing out of cheques and full transition to the New Payments Platform (NPP). The newly launched Strategic Plan for Australia’s Payments System – developed through consultation with regulators,… Read more »

Fintech

‘We want to pioneer a better banking experience’: Aussie fintech tackles pains of inflation and hidden fees

Adam Bub - February 8, 2023 3 MIN READ

As inflation and interest rates continue to rise, digital banking alternative Yondr is stepping up to help Australians save on hidden fees and budget better. Backed by former ANZ CEO Mike Smith, the fintech startup was developed and founded by Shane Chanel in 2018. Bringing more than 15 years of experience in finance and banking to… Read more »

Cryptocurrency

CRYPTOPIA: Australian government unveils major payments reforms to embrace cryptocurrencies and digital assets

Simon Thomsen - December 9, 2021 3 MIN READ

The Australian Government is looking to embrace cryptocurrency and digital assets with federal treasurer Josh Frydenberg announcing plans to investigate the feasibility of a Central Bank digital currency, as well as the existential fintech terror of de-banking. Speaking at the Australia-Israel Chamber of Commerce on Wednesday, Frydenberg said his plans “were most significant reforms to… Read more »

Fintech

Australia’s digital wallet use has doubled in just 12 months to $2.1 billion in transactions

Simon Thomsen - May 19, 2021 2 MIN READ

Digital wallets use has jumped 90% in a year, and the amount paid has risen 110%, pushing it towards becoming the most popular contactless way to pay according to new analysis from the Commonwealth Bank. Digital wallet usage is the 12 months spanning the coronavirus pandemic to March 2021 saw transactions rise from 36 million… Read more »

CHEQUE OUT TIME: the Australian government’s payments strategy plan goes digital, ending cheques by 2030

‘We want to pioneer a better banking experience’: Aussie fintech tackles pains of inflation and hidden fees

CRYPTOPIA: Australian government unveils major payments reforms to embrace cryptocurrencies and digital assets

Australia’s digital wallet use has doubled in just 12 months to $2.1 billion in transactions

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