Australia

RBC Looks To Sell Australia’s Student Payments Platform Cohort Go
RBC Looks To Sell Australia’s Student Payments Platform Cohort Go
January 31, 2022  |  Acquisitions

RBC Capital Markets will auction off global payments platform business Cohort Go, a report says. Cohort Go, based in Brisbane, helps international students pay costs...

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Aussie FinTech Startup Airwallex Rolls Out Payments Services in Singapore
Aussie FinTech Startup Airwallex Rolls Out Payments Services in Singapore
January 13, 2022  |  Cross-border Payments

FinTech platform Airwallex is officially introducing payment services in Singapore after being granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore...

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National Australia Bank Acquires Digital Health Claims Platform LanternPay
National Australia Bank Acquires Digital Health Claims Platform LanternPay
January 13, 2022  |  Acquisitions

National Australia Bank is acquiring digital health claims startup LanternPay, the latest salvo in an ongoing battle for supremacy in the $120 billion health payments...

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Australia’s Financial Regulators Endorse Treasurer’s Plan for Crypto, Payment Reform
Australia’s Financial Regulators Endorse Treasurer’s Plan for Crypto, Payment Reform
December 16, 2021  |  Regulation

The Council of Financial Regulators released on Thursday (Dec. 16) its quarterly statement, where it endorsed the treasurer’s plans for a major reform in the...

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Australian Banks Debut Quarterly Reliability Reports for Retail Payments 
Australian Banks Debut Quarterly Reliability Reports for Retail Payments 
November 16, 2021  |  International

The Reserve Bank of Australia (RBA) recently unveiled its first quarterly reliability report on banking payment services for households and businesses, part of an effort...

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Australian Watchdog Probes Commonwealth Bank’s Move into Crypto
Australian Watchdog Probes Commonwealth Bank’s Move into Crypto
November 05, 2021  |  Cryptocurrency

Australia’s banking watchdog is taking a closer look into the decision by the Commonwealth Bank of Australia (CBA), the country’s largest lender, to move into...

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BNPL Firms in Australia Can’t Block Merchant Surcharges 
BNPL Firms in Australia Can’t Block Merchant Surcharges 
October 22, 2021  |  Regulation

The Reserve Bank of Australia on Friday (Oct. 22) said buy now, pay later (BNPL) companies can’t stop merchants across the country from implementing surcharges...

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Salsify Acquires SKUvantage for Australian Expansion
Salsify Acquires SKUvantage for Australian Expansion
October 20, 2021  |  Retail

Commerce experience management platform Salsify announced on Wednesday (Oct. 20) that it has acquired Australia-based SKUvantage, which offers products and services to help retailers, distributors...

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Archa FinTech to Debut Smart Business Credit Card in Australia
Archa FinTech to Debut Smart Business Credit Card in Australia
October 10, 2021  |  B2B Payments

Archa, the FinTech and ex-consumer neo bank, has now announced plans to roll out a smart business credit card and spend management platform that will...

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