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Australian-listed payment solutions and service firm QuickFee says it has achieved record automated clearing house (ACH) and credit card processing volumes in the US for March, April, and May consecutively – driven by continued momentum in its professional services merchant portfolio and go-to-market strategies executed this financial year.
Global employment platform provider Globalization Partners has forged a new partnership with Asia Pacific headquartered payroll, HCM and payment solutions company PayGroup as part of plans to pursue joint global expansion.
Global payment and identity solutions company IDEMIA has announced an expansion of investment in its border processing capability platform in the Asia Pacific region, including expanding its teams in the Canberra and Sydney markets.
Sydney-based start-up incubator Lakeba has announced the $20 million sale of its Paid by Coins venture to Australian-listed customer engagement technology provider Mobecom only seven months after launching the platform in early 2018.
A new digital bank with the name 86 400 is being set up in Australia and it is pitched by its founders as a potential “genuine alternative” to the big four banks.
A new blockchain banking solution aimed at helping financial institutions address the processes of universal cross-border payments has been launched by IBM.
Melbourne headquartered fintech start-up Airwallex has raised US$13 million to drive international expansion of its cross-border payment solutions platform.
Israel-based payments technology provider Zooz has closed a US$24 million funding round and will use the funds to accelerate its growth into new markets and increase presence in existing market alongside the development of new products.
Australian payments solutions provider Emerchants is to acquire US StoreFinancial Services and its subsidiary StoreFinancial Services of Canada for US$35 million in cash and 25% of Emerchant shares.
Asian payment methods are driving global mobile adoption, with a new research study revealing that over a third, or 34%, of browser-based online transactions globally are now made on a mobile device, compared to 30% previously.
Vix Technology darts into US success with the Dallas Area Rapid Transit system, DART, choosing Vix’s state-of-the-art comprehensive fare payment system.
The Malaysian Government’s public transport regulator has awarded a $27 million contract to Melbourne-based global smart booking, ticketing and payment solutions company Vix Technology.
Payment solutions provider Indue says it has signaled its intent to pursue further market growth by bringing on the former Managing Director of First Data, John Tait as Executive Director Strategic Development and Distribution.
Australian digital technology start-up, Unlockd Media, has snared former Google South East Asia executive Richard Kimber, appointing him as the company’s Non-Executive Chairman.
Cloud-based provider of payment and digital banking solutions Bottomline Technologies has established its Australia-New Zealand regional office in Sydney to support the company’s growth and expansion in the region.
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