Mobile wallets transactions overtake ATM cash withdrawals in digital banking boom: Australian Banking Association
Australia’s digital banking boom is continuing with payments by mobile wallets surging by 35 per cent in the last year alone, according to a new report.
Grapple launches invoice finance AI tools as invoices funded surges past $200m
Australian SME financier Grapple is launching new AI capabilities and services on its state-of-the-art digital Lendtech platform.
Novatti’s revenue surges 97% to $32.5 million
Novatti’s annual sales revenue increased 97% on FY21 to $32.5 million, with $11 million in quarterly sales revenue – the highest ever.
Parpera growth surges to 500 business members in 3 months of debit card launch
Parpera has seen a surge in the growth of its member base, 80% MoM to 500 businesses, within 3 months of its business debit card launch.
DTCC unveils technology resilience principles to help industry further protect against risks of digital innovation
DTCC have outlined enhanced resilience measures that financial firms should consider adopting to ensure the continued safety of the financial market.
Auto financing is going digital, and it’s a good thing for everyone
Businesses like Driva are leading the charge in auto financing and helping define what buying a car looks like in the digital age.
New retail investors go digital
The latest Investment Trends 2021 1H Australia Online Investing Report showed the number of online retail investors is up 35% year on year to May 2021.
Three innovations that have accelerated due to the rise in digital payments
According to FIS’ research, Australia will be almost completely cashless within three years, with the pandemic speeding up the shift to digital payments.
