Australia news and trends

Zip: BNPL Offers Solution to 100 Million Americans Who Can’t Access Traditional Credit
Buy Now Pay Later // February 25, 2025

Australia-based buy now, pay later (BNPL) provider Zip said Tuesday (Feb. 25) that demand from consumers and merchants drove its growth in the most recent half. The company’s growth was especially strong in the United States, where it aims to serve consumers who are unable...

eCommerce Merchants in the Land Down Under Turn to PSPs for Fraud Expertise
eCommerce // February 03, 2025

For merchants the world over, the bid to improve eCommerce checkout — boosting sales as a result — is a bit of a tightrope walk. It’s critical to balance the desire to let more transactions through with the risks of doing so. After all, fraudsters...

HSBC Reportedly Weighing Sale of Australian Retail Banking Unit
Banking // January 20, 2025

HSBC is reportedly considering a sale of its Australian consumer banking operation. That’s one of the options before the British banking giant as it tries to pare down its business, Bloomberg News reported Monday (Jan. 20), citing sources with knowledge of the matter. One of...

Banking Circle to Acquire Australian Settlements Limited
Acquisitions // January 13, 2025

Banking Circle said Monday (Jan. 13) that it plans to accelerate its expansion into Australia with an acquisition of Australian Settlements Limited (ASL). The acquisition will add ASL’s capabilities as an Australian authorized deposit-taking institution (ADI) to Banking Circle’s global payment infrastructure, the companies said in...

Interviews & Exclusives
Australia and Brazil’s Shared Vision for the Future of Checkout

March 11, 2025
As digital economies race to streamline the payment process, the checkout experience is at the forefront of change, with innovations around customer experience and security redefining how merchants and consumers engage with payment technologies. Merchants, payment service providers (PSPs) and issuers must align their strategies to prioritize both security and user experience, and PYMNTS hears […]

eCommerce Merchants in the Land Down Under Turn to PSPs for Fraud Expertise

February 03, 2025
For merchants the world over, the bid to improve eCommerce checkout — boosting sales as a result — is a bit of a tightrope walk. It’s critical to balance the...

How the World Does Digital: Two-Thirds of Aussie Consumers Use Mobile Phones to Bank

July 16, 2024
There’s no shortage of images that come to mind when the subject is Australia. Most of them are outdoors, like the vast outback and iconic Table Mountain, any number of...

Australia Leads Global BNPL Charge, Triples US Adoption Rate

June 28, 2024
As buy now, pay later (BNPL) options become more common around the world, the Land Down Under is leading the charge by a considerable margin. By the Numbers On Wednesday...

Quick Reads
Zip: BNPL Offers Solution to 100 Million Americans Who Can’t Access Traditional Credit

February 25, 2025
Australia-based buy now, pay later (BNPL) provider Zip said Tuesday (Feb. 25) that demand from consumers and merchants drove its growth in the most recent half. The company’s growth was especially strong in the United States, where it aims to serve consumers who are unable to access traditional credit and who use BNPL because of […]

HSBC Reportedly Weighing Sale of Australian Retail Banking Unit

January 20, 2025
HSBC is reportedly considering a sale of its Australian consumer banking operation. That’s one of the options before the British banking giant as it tries to pare down its business,...

Banking Circle to Acquire Australian Settlements Limited

January 13, 2025
Banking Circle said Monday (Jan. 13) that it plans to accelerate its expansion into Australia with an acquisition of Australian Settlements Limited (ASL). The acquisition will add ASL’s capabilities as an...

Deutsche Bank Inks Corporate Banking Pact With Crypto.com

December 10, 2024
Deutsche Bank is now Crypto.com’s corporate banking provider in Singapore, Australia and Hong Kong. The partnership is expected to involve additional banking support and coverage in new countries as the...