Fiserv Acquires Pinch Payments
Fiserv stated that it had acquired payment facilitator (PayFac) Pinch Payments and its management platform Glassbox.
Australia
Mastercard to Tackle Payment Fraud in Australia With Biometrics
In Australia, card-related payment fraud neared $1 billion in 2024. Mastercard suggests biometrics and other advanced security measures will help alleviate the problem by the end of the decade.
Fiserv Brings Clover POS to Australia
Smart POS platform Clover, created by Fiserv, is launching in Australia to power local SMEs.
Google Wallet Now Enables Supervised Payments for Kids
As more and more kids get payment cards, Google Wallet updates its functionality to enable in-store cashless payments for those youngest generation representatives who received parental consent.
Wirex Secures Registration in Australia
Crypto company Wirex has received a digital currency exchange registration in Australia, entering another prospective market as a regulated entity.
Goodman Group Shines Among Australian Property Companies
Goodman Group’s shares have been on an upward trajectory over the current year, performing better than other similar companies in the Australian real estate area, as the so-called artificial intelligence boom has triggered a high-intensity increase in demand for data centers.
Visa Analysis Reveals Online Holiday Shopping Growth
Online retail shopping during the holiday season increased by 7.1%, according to Visa observations, though the majority of purchases still take place in brick-and-mortar stores.
Australia Develops Plan to Boost AI Investment
In Australia, the Department of Industry, Science and Resources is starting work on a National AI Capability Plan.
Australian Fintech Faces Contraction, Blockchain Hit Hardest
Despite global interest in cryptocurrency, Australia has seen the closure of several blockchain and crypto startups, amid the overall decline of fintech innovation in the country.
Deutsche Bank Brings Merchant Solutions to APAC
Deutsche Bank Merchant Solutions capabilities are officially available in Australia, India, Indonesia and South Korea. They provide the bank’s clients with a global payment acceptance platform with a diverse range of local payment methods.
Australia Passes Social Media Ban for Children Under 16
Australia on Thursday, November 28, passed a law banning social media for children under the age of 16 after an active and high-profile public resonance, which has become one of the most discussed topics in the country.
Zeller Unveils Terminal 2 Integrated Payments & POS Solution
Australian fintech Zeller introduced an all-in-one payments and point-of-sale (POS) solution for businesses called Terminal 2, setting a new benchmark in retail technology.
Samsara Eco Raises $65M Funding Round to Expand Its Plastic-Eating Enzymes
Samsara Eco proprietary technology uses enzymes to disaggregate plastic waste into raw materials, which can eventually be transformed into the foundation for new products.
Meta Considers News Blocking From Facebook in Australia
Meta is currently considering blocking news content on its Facebook digital platform in Australia.
PsiQuantum to Build First Commercial Quantum Computer
PsiQuantum aims to build a utility-scale fault-tolerant quantum computer capable of error correction in Brisbane, Australia.
Westpac Announces Tech Upgrade
Australian bank Westpac has announced its intention to invest billions of dollars in simplifying its technology infrastructure over the next four years.
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