Payments provider eftpos is partnering with accounting software company MYOB in a move designed to deliver low-cost, real-time eCommerce transactions to Australian merchants.

Australia’s second largest telco Optus has suffered a drop in net profits for the year that ended on 31 March, with profits plunging by 15.8% on the previous year.

Revenues generated by fintech platforms will reach US$638 billion by 2024, driven by increasing consumer acceptance of fintech-powered solutions, according to a newly published research.

Global IT services company Vertiv has signed a new partnership with SRA Solutions with the aim of increasing its footprint with Australian government and telecommunications providers as they invest in Internet of Things and smart city applications and infrastructure.

Mobile handsets continue to be the most common way Australian consumers are accessing the internet while the largest volume of data is downloaded over fixed lines, according to a new data report on internet activity by the ACCC.

Digital transformation tops the business agenda globally, with chief executives of organisations revealing that attracting and retaining top talent is the key to transformation, according to a newly released global study.

New York listed global technology company Shutterstock has launched its new self-serve API subscription plans, targeting the solutions at first-time developers, start-ups, and small and mid-sized businesses.

Brisbane-founded video platform Clipchamp has raised $1 million in a seed funding round, with the funds to be used to accelerate the growth of its video editor named Create.

Optus Sport claims its coverage of the UK Premier League and the UEFA Champions League has scored with viewers, with both seasons’ gripping action fuelling “record audience numbers”.

Mobile networks and broadband Internet access for corporate and consumer customers operated by PNG DataCo have been restored by SES Networks, following a 7.2-magnitude earthquake that struck near the town of Bulolo, Papua New Guinea, in the early morning hours of 7 May.

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