8 Oct 2019

  • In the payments landscape, there is a drive to improve the customer payments experience combined with the need for more efficient and scalable payment processing;

  • As FIs investigate the option of transitioning their back-end payments processing systems to the cloud, the security of payment data needs to be ensured;

  • In March 2019,...

7 Oct 2019

  • The Buy Now Pay Later (BNPL) sector continues to grow rapidly in Australia and new entrants continue to emerge;

  • There are some concerns that the BNPL business model, which is not currently covered by the National Credit Act, means that some consumer protections are not  applicable and consumers are overextending themselves;

  • A num...

2 Oct 2019

  • The global eCommerce market is worth A$2.8 trillion in 2019 and is expected to grow by 25% by 2021. Australian online business will see a 15.1% growth in revenue by end of 2019, with the number of online shoppers reaching 20.3 million;

  • A virtual credit card is a temporary and randomly generated 16-digit card number that is linked to a...

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affecting the payments landscape in Australia today.

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