CFOtech Australia - Technology news for CFOs & financial decision-makers

Digital Payments stories

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Visa's digital payment service uplifts Asia's economy, cuts fraud by 58%
Last month
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martech
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commerce systems
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payment gateways
Visa's digital economy and anti-fraud efforts in Asia Pacific are making strides. Over USD $2bn in transactions were processed through its Token Service, and merchants reported a 58% decrease in fraud.
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NVIDIA's breakthroughs redefine quantum computing landscape
Last month
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edutech
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quantum computing
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power / energy
Nvidia Technologies advances quantum computing with breakthroughs in science, finance, and educational realms, reshaping research strategies and propelling quantum era applications.
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SAP Concur & Mastercard unite for streamlined expense process
Last month
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commerce systems
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martech
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payment gateways
SAP Concur and Mastercard join forces to simplify expense processes, integrating transactions on corporate cards into Concur Expense to enhance user experience and compliance adherence.
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PPRO secures €85m funding to boost local payment services
Last month
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martech
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fintech
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commerce systems
With €85m in new funding, PPRO seeks to capitalise on growth opportunities in key markets and broaden its local payment services. It is backed by leading investors, including PayPal Ventures and J.P. Morgan.
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Travel tech investments rise per new Amadeus study
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big data
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data analytics
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bi
Amadeus's study predicts a 14% surge in travel tech investment in 2024, with machine learning considered crucial and 98% of airlines eyeing biometric solutions for airport services.
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Australia's financial crime compliance cost surpasses AUD $5 billion
Last month
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big data
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data analytics
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bi
Financial crime compliance costs in Australia have soared beyond AUD $5 billion, with 98% of institutions reporting a rise, driven largely by increasing technology and labour costs.
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TerraPay & Alfardan Exchange partner to boost digital remittances
Last month
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cloud services
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security
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accessibility
TerraPay partners with Qatar's Alfardan Exchange with a strategic aim to create advanced digital cross-border remittance solutions, enhancing global financial inclusivity.
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Pandemic propels UK towards cashless economy despite resistance
Last month
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cloud services
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biometrics
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martech
The pandemic-associated rejection of cash is seen as accelerating the switch to a cashless economy, despite some resistance and concern over security.
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Southeast Asia fintech firms set to double by 2027, says UnaFinancials
Last month
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cloud services
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malaysia
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vietnam
UnaFinancials predicts a twofold increase in Southeast Asia's fintech firms by 2027, driven by a robust super-platform economy, supportive regulations and favourable economic conditions.
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Visa's AI averts fraud worth $273m in New Zealand banks
Thu, 15th Feb 2024
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commerce systems
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martech
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payment gateways
Visa uses AI to help New Zealand financial institutions prevent $273m in fraud, marking a three-fold increase from 2021 and highlighting the pivotal role of AI in financial security.
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Online privacy changes may hike Australian eCommerce prices
Wed, 7th Feb 2024
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bi
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big data
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martech
Impending alterations to online privacy practices could inflate Australian e-commerce prices by up to 25 per cent.
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Giesecke+Devrient expands stake in Netcetera to 95%
Wed, 7th Feb 2024
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digital transformation
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cryptocurrency
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blockchain
Munich's Giesecke+Devrient boosts stake in software corporation Netcetera to 95%, enhancing its financial platforms and reinforcing future growth in digital banking and payments.
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Southeast Asia's digital economy to reach 56% of region's GDP by 2027
Wed, 31st Jan 2024
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martech
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commerce systems
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malaysia
Southeast Asia's digital economy contributed 45% to the region's GDP in 2022, as per UnaFinancial, with digital payments playing a crucial role.
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Melbourne's grand slam boosts local business sales
Thu, 25th Jan 2024
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commerce systems
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martech
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payment gateways
Melbourne's fashion and experience retailers stand to benefit from a predicted 12.6% rise in sales during the 2024 grand slam.
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Kaspersky forecasts increased cyber threats for APAC
Fri, 12th Jan 2024
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smart cities
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iot
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advanced persistent threat protection
Kaspersky's cyber threat forecast for 2024 asserts escalating digitalisation and political tensions in the APAC region.
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e& enterprise and Fils join forces to green digital payments
Tue, 9th Jan 2024
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martech
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commerce systems
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digital transformation
E& enterprise partners with Fintech startup, Fils, to pioneer a sustainable digital payments system in the UAE, allowing customers to offset carbon emissions with each transaction.
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Jscrambler secures PCI DSS v4.0 compliance boosting client-side protection
Wed, 20th Dec 2023
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big data
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data protection
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bi
Jscrambler, a client-side protection platform, achieves PCI DSS v4.0 compliance, showcasing their commitment to secure transactions.
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AI and sustainability amongst key fintech trends for 2024
Wed, 20th Dec 2023
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cx
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cryptocurrency
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blockchain
Lanistar Chief Executive Officer, Jeremy Baber, spotlights AI, Gen Z adoption, and sustainability as 2024's major fintech trends.
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Monavate teams up with Kasssh to boost cash payments in UK e-commerce
Tue, 12th Dec 2023
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apple
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martech
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commerce systems
Monavate collaborates with startup Kasssh to allow UK online retailers to accept cash payments from customers.
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Griffin bank boosts executive team with seven new senior appointments
Tue, 5th Dec 2023
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fintech
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groupon
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banking
Griffin Bank strengthens its executive team, appointing seven new senior executives to drive its global embedded finance ambitions.
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Waave & Gr4vy unite to launch 'Pay by Bank' in Australian retail outlets
Mon, 4th Dec 2023
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digital banking
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merchants
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cfo
Waave and Gr4vy partner to introduce the 'Pay by Bank' solution for retail outlets in Australia, providing a safe and secure payment alternative.
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dLocal & Jeeves partner to streamline global client payments
Mon, 20th Nov 2023
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partner programmes
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fintech
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cross-border
dLocal partners with fintech firm Jeeves to enhance secure client payments in Africa, Asia, and Latin America.
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EzyCollect unveils direct debit feature for seamless B2B payments
Fri, 17th Nov 2023
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customer satisfaction
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revenue
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customers
Automated B2B payment specialist, ezyCollect, has introduced a Direct Debit Authorisation feature to streamline client onboarding and ensure timely payments.
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Fuiou Pay teams up with Visa for global expansion of China's exporters
Thu, 26th Oct 2023
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martech
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commerce systems
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payment gateways
Shanghai's Fuiou Pay teams up with Visa Cross-Border Solutions to expand global market access for China's exporters.