zdnet

Asia Driving Global Mobile Payments, With Eight in Top 10 Markets

Vietnam is the fastest-growing global market in mobile payments, clocking a 24 percent climb from last year, with 61 percent of its consumers tapping such services. Across the globe, China leads the pack with 86 percent of its population tapping mobile payments, followed by Thailand at 67 percent.

Read More

Singtel’s Cross-border Payments System Expands to Japan

Singapore’s largest telecommunications carrier Singtel has expanded its Via cross-border payments alliance to Japan.

Read More

12 Months On, PayID Still Not Completely Implemented by Australia’s Big Four Banks

Australia’s New Payments Platform (NPP) went live in February last year; the platform allows for the transfer of money from one person to another in near real-time, using an email address or phone number rather than the traditional BSB or account number process.

Read More

In This Country, Your Cryptocurrency Must Go Through Your Bank

When Bitcoin (BTC) took a firm hold on the imagination of the general public, the idea was entrenched as a means to seize the control of personal, financial assets away from centralized authorities.

Read More

Why Alibaba Wants to Conquer the Australian Market

The ecommerce giant, however, has its eyes on global domination, with Australia touted by the company as a country full of intrigue. To support its growth in Australia and New Zealand, Alibaba Group in February 2017 opened an ANZ headquarters in Melbourne, overseen by Australia and New Zealand managing director Maggie Zhou, who has been […]

Read More

​Microsoft and NAB Trial Biometrics for Cardless ATMs

The National Australia Bank (NAB) is looking towards a cardless future, unveiling a partnership with Microsoft that sees the companies develop a proof of concept Automatic Teller Machine (ATM) to allow customers to withdraw funds using their face.

Read More

Emergency Payments the First Commonwealth Service to Move to the NPP

The federal government is keen to move some of its payment capabilities to Australia’s New Payments Platform (NPP), but according to Reserve Bank of Australia (RBA) Assistant Governor Lindsay Boulton, the Commonwealth wants the platform’s capabilities proven out by industry first.

Read More

ANZ Banks on Its Agility to Stay Relevant in the Financial Services Industry of the Future

The future of the financial services industry in Australia will be dependent on banks redefining their business model, Australia and New Zealand Banking Group (ANZ) CEO Shayne Elliott has said, but to him that means being a master of one element, rather than merely good at a few.

Read More

SWIFT’s Instant Cross-border Gpi Payments Test Touted as a Success

Financial messaging service SWIFT has announced the successful testing of its new instant cross-border payments proof of concept, alongside banks from Australia, China, Singapore, and Thailand.

Read More

Credential Stuffing Attacks Cause Heartache for the Financial Sector

The financial industry has always been a target for cyberattackers. Credit card data, customer information, and the wealth of corporate data available for the taking has ensured that cybercriminals will try, again and again, to compromise companies in the sector. In August, cyberattackers made off with 13.

Read More

Blockchain – The End of Banking as We Know It?

Blockchain has the potential to create upheaval in the way lots of day-to-day processes and transactions are conducted–and banking is one of them.

Read More

Samsung Pay Celebrates Three Years: Available on Six Continents, 1.3 Billion Transactions Completed

Samsung posted a press release highlighting the third anniversary of Samsung Pay. You can now use Samsung Pay on every continent in the world, except for Antartica. Found in 24 markets, the latest includes South Africa, Samsung has seen more than 1.3 billion transactions completed.

Read More