Displaying items by tag: Transactions

Everything we do these days has shifted to the digital sphere—be it our social interactions with friends, shopping the latest sales online or even starting our own business. These technological advances have opened many doors for us, some good and some bad. So while we may have the ease of ordering things online and having them delivered to our door, it also opens us up to vulnerabilities. And it’s not just us, it’s businesses too.

With the announcement that Australia will not be exempt from Donald Trump’s 25% tariff on Australian steel and aluminium manufacturers will need to manage the financial and operational impacts.

GUEST OPINION:  As financial institutions continue their transition to multicloud, it’s becoming critical to harness AI to ensure that the infrastructure runs smoothly.

COMPANY NEWS: Intercompany Predictive Guidance significantly reduces transaction failure rates, eliminates costly rework, and expedites processing across the transaction lifecycle

CommBank IQ is a joint venture between Commonwealth Bank of Australia and data science company Quantium that plans to deliver "highly relevant" data insights to institutional clients.

The choice to use eftpos is coming to Samsung Pay, the smartphone payment system Samsung offers on its own brand phones that competes with Google Pay, and with Heritage Bank the first, it certainly won't be the last.

The global instant payments market where transactions are completed within 10 seconds will reach US18 trillion in value in 2025 - up from just US$3 trillion in 2020, according to a new study.

The majority of Australian citizens are willing to share personal information with government agencies in exchange for better service, according to a global study.

Global digital money transfer transaction volume will reach 2 billion by 2024, up from 1.1 billion in 2019, according to a new report.

Global digital money transfer transaction volumes will reach 2 billion by 2024, up from 1.1 billion in 2019, according to a new report.

Global spending on digital commerce will reach US$18.7 trillion by 2024, up from $11.2 trillion in 2019 - an increase of 66% over the forecast period, according to a new report.

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.

Michel van Aalten, Adyen country manager ANZ

According to the Australian Payments Network, payment fraud on Australian credit cards hit $476 million in 2017, surging from $218.1 million in 2016. As of 2018, online card fraud now accounts for 85 per cent of all card fraud in Australia.

Data61 says its next-generation blockchain system Red Belly Blockchain has shown increased speed and energy efficiencies on a global network, with deployment on 1000 virtual machines across 14 of Amazon Web Services' global regions.

Payments platform Adyen is partnering with Australian retail clothing group Cotton On to provide expanded and enhanced payment capabilities as part of its international growth strategy.

Many Australians are spending more than they earn each month, with new research revealing that overspending is impeding their progress towards achieving their financial goals.

Webjet and Microsoft claim the build of a “first-of-kind” travel industry blockchain proof-of-concept (POC) solution has the potential to transform the way the entire travel industry processes and manages online payments for hotel bookings.

Predicting ‘financial inclusion for one billion people in developing markets,’ Juniper’s new research sees mobile financial transactions to more than double by 2021.

Is MasterCard desperate for Australians to give up cash? Cash may ‘no longer be King’ according to a MasterCard survey, but is that just a credit card company’s dream scenario?

ThreatMetrix’s quarterly report looks at cybercrime attacks detected by its ‘Digital Identity Network’, analysing over a billion transactions monthly to do so.