Since completing a degree in journalism, Aimee has had her fair share of covering various topics, including business, retail, manufacturing, and travel. She continues to expand her repertoire as a tech journalist with ZDNet.
Visa has partnered with ANZ and Quest Payment Systems to offer its buy now, pay later product to Australian consumers and merchants.
During the half year, net profit after tax dipped 24% to AU$490 million while cash earnings increased by 40% to AU$509 million.
Commonwealth Bank, National Australia Bank, Coles, and Woolworths are some that have signed up for Eftpos' eQR platform.
Australia's black and red bank nearly doubled its statutory net profit to AU$3.2 billion during 1H21, a period where the company invested in a number of digitisation and automation projects.
Technology upgrades might have cost Suncorp AU$19 million in FY21, but the company still achieved significant growth in net profit and cash earnings.
The black and yellow bank has reported statutory after-tax profit of AU$8.84 billion, following AU$1.8 billion in total investments during the 2021 financial year.
Touting deposits and withdrawals can now happen 'in seconds'.
The company, however, was still able to spare AU$170 million to invest in technology infrastructure and AU$200 million in digital and data.
The neobank cites plans to focus on other areas, such as its US share trading product Dabble.
NAB has revealed it saw a further 30% reduction in over the counter and basic servicing transactions in its branches in the last year.