After raising $40 million in January, online lender BlueVine has closed an additional $49 million to expand its team and develop additional finance solutions.
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Nearly 2 million Eftpos-only cardholders from ANZ and Cuscal will be able to make payments using their Android devices.
Alipay and Commonwealth Bank have signed an agreement that will see Alipay tapping the Australian market and CommBank business customers tapping Chinese tourists and students.
Adyen, the fintech company powering the payments systems of companies like Netflix and Spotify, believes there is a big opportunity to serve Australian enterprises looking to go global.
The first interbank trade transaction combining blockchain technology, smart contracts, and the Internet of Things has been executed by Commonwealth Bank, Wells Fargo, and Brighann Cotton.
Samsung Pay is expanding to three new countries this year and is looking to add new features for its US users, while Apple Pay's launch in Japan took off to a rough start.
Westpac has reported interim cash profit of AU$4.02 billion, following busy six months in digital transformation efforts.
Atlassian co-founder Mike Cannon-Brookes has shared his long-standing views of the Australian banking industry and reminded fintech entrepreneurs to take advantage of regulatory changes and shifts in the financial environment.