PYMNTS

JANUARY 9, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Tyro ‘s integration of Alipay into airport duty-free shops in Australia. s Paysend rolled out a new service named PaySendLink, and Merchant Machine report found that cashless payments are gaining ground in the European Union.

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PYMNTS

AUGUST 9, 2019

The company rolled out a test in Australia to offer milk, bread and fruit from a Sydney store and is in talks with supermarkets in Europe and North America, the news outlet said. Movie theaters in Australia and Canada are even delivering fresh popcorn to people who would rather stay home for entertainment.

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TheGuardian

JULY 15, 2020

Like countless others he struggled to hold down a job and service the loan for the family home in suburban Sydney. It had me recalling two stories embedded in the Robinson family psyche. The first concerns my grandfather who returned from the first world war affected by wounds and gassing. Continue reading.

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PYMNTS

NOVEMBER 7, 2019

Amazon Australia is partnering with buy now, pay later (BNPL) startup Zip Co, Reuters reported on Wednesday (Nov. News of the arrangement triggered a 24.1 The popularity of the BNPL space, however, has prompted the Reserve Bank of Australia and other regulators to closely examine the sector.

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PYMNTS

JUNE 21, 2019

In other news, a new report has revealed that the deceased owner of the now-defunct Canadian crypto exchange QuadrigaCX was allegedly using customer funds for his own trading. Karlsson was arrested earlier this week in Thailand, and the United States is looking to extradite him to stand trial in the Northern District of California.

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PYMNTS

NOVEMBER 23, 2017

Amazon.com is coming to Australia, notifying third-party sellers to prepare to accept retail orders on Thursday (Nov. 23), Amazon Australia will be open and running just in time for Black Friday , the busiest holiday shopping day for U.S. In April, Amazon confirmed it was entering the Australian retail market but wouldn’t say when.

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Retail Customer Experience Marketing Management 100

PYMNTS

JULY 17, 2019

Uber Eats in Australia can no longer charge restaurants for delivery mistakes that were out of their control, according to a report by The Wall Street Journal. Jodie Auster, general manager of Uber Eats in Australia and New Zealand, said the new rules are a good thing and that they “better reflect the way we operate in practice.”

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PYMNTS

NOVEMBER 13, 2017

13) reports from business news source The Age announced Amazon has confirmed plans to expand its marketplace offerings into Australia. While no official word has come down about the official date of the Amazon Australia launch, analysts have reported expectations that the it will be ready for the Christmas shopping season.

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Retail Customer Experience Regional Marketing 100

PYMNTS

DECEMBER 21, 2018

In other news, Litecoin Founder Charlie Lee is trying to shift focus away from the fact that he sold all his holdings at the height of the market bubble one year ago. ” In addition, a Sydney-based startup has launched a crypto debit card that can be used at any business or ATM across Australia. However, there is a $4.99

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PYMNTS

AUGUST 5, 2019

According to a report in The Sydney Morning Herald , National Australia Bank’s outgoing chairman Ken Henry and other executives held discussions last week with its independent auditor, Ernst & Young , about the shortcomings in the bank’s risk management. EY has been the bank’s independent auditor for 13 years.

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PYMNTS

FEBRUARY 12, 2018

ANZ, one of Australia’s largest banks, is set to doll out nearly $8 billion in refunds to small business customers using the FI’s commercial card products. News of the refunds comes as Australian regulators take a tougher stance on large banks, especially when it comes to small business services.

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PYMNTS

NOVEMBER 14, 2018

Last month, tech giant IBM launched its own platform at the Sibos conference in Sydney, Australia. In the November feature story, Eck shares how API-driven initiatives like open banking are opening new doors for banks. Overall, these platforms are helping banks pursue API-based innovations — and much more. About The Tracker.

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PYMNTS

MARCH 24, 2017

Instead, it appears as though Amazon might make a pit stop to set up shop in Australia first. ABC News Australia reported that Amazon had recently hired over 100 employees in logistics, IT and security roles in Sydney.

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PYMNTS

NOVEMBER 11, 2019

In further news tied to late payments in Australia, the Sydney Morning Herald reported that an ombudsman is likely to further scrutinize the use of supply chain finance, as the practice is used to pay smaller suppliers. For about a year, there have been plans in place to create a national payment times register. In the UK, Too.

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PYMNTS

OCTOBER 3, 2017

Australia’s Small Business Ombudsman Kate Carnell wants the country to establish a government-backed bank to support small businesses (SMBs), news reports said on Monday (Oct. The SMB lending and banking market, the policymaker said, lacks competition, with bank regulations forcing lenders to focus on property-secured lending.

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PYMNTS

MARCH 28, 2017

Recently, news broke that Amazon had run up against a roadblock in its play to revolutionize brick-and-mortar grocery shopping. But it wasn’t all delays and complications for the online retail giant over the past few weeks — new hires indicate Amazon might be setting up shop in Australia. Souq currently sells an estimated 1.5

Retail 100

Retail Online Marketing Regional 100

Insights on Business

OCTOBER 17, 2018

The Sibos conference in Sydney is less than a week away. Starting now and running through the event, I will update and revise this blog several times a day with news, announcements, videos, and blogs live from the floor at Sibos. Anna Phan, Research Scientist, IBM Australia. It’s time to pack those bags and hop on a plane.

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PYMNTS

FEBRUARY 3, 2020

The conversation surrounding late supplier payments is proliferating as new controversies emerge about the impact of reverse financing on supplier payment practices, and as some high-profile businesses face their own late payments criticisms. Intros New Late Payments Bill. Cannabis Hit With Vendor Payment Criticism.

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PYMNTS

JUNE 20, 2016

The firm announced last week that it has set down roots in Sydney, following news earlier this year that it had also established a presence in San Francisco to focus on the U.S. Roy told PYMNTS that the region has specific payments and expense management considerations that extend, for example, to Australia’s goods and services tax.

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PYMNTS

FEBRUARY 13, 2018

Three of Australia’s four largest banks have rolled out real-time payments capabilities as the government launches a widespread inquiry into the financial services sector. Reports in The Sydney Morning Herald on Tuesday (Feb. According to the SMH , Lovney said there will be no “big bang” launch of the NPP. Government Probe.

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Insights on Business

SEPTEMBER 12, 2018

For those who keep a close eye on the latest news in the world of payments (we are a wild bunch indeed!), In addition to marking the first decade of UK Faster Payments, at long last Australia has entered the club as well with their New Payment Platform (NPP). Boon to consumers, bane to banks. Fingers-crossed.

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Insights on Business

SEPTEMBER 12, 2018

For those who keep a close eye on the latest news in the world of payments (we are a wild bunch indeed!), In addition to marking the first decade of UK Faster Payments, at long last Australia has entered the club as well with their New Payment Platform (NPP). Boon to consumers, bane to banks. Fingers-crossed.

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Fintech Labs Insights

OCTOBER 28, 2016

New office in Sydney marks TradeShift’s expansion to Australia and New Zealand markets. This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account. On Finovate.com. DemystData lands $7 million round.

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Fintech Labs Insights

MAY 31, 2017

Bank of Sydney replaces its digital banking platform with DigitalAccess from Fiserv. Xero expands online-invoice payment options in Xero for Australia. Stay current on daily news from the fintech developer community! Expensify exceeds 35,000 global customers, adding Xero , HappyFresh, GoCardless, and Adroll as clients.

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Jessica Ellerm

FEBRUARY 3, 2018

The price comparison website found 81% of Australia’s Gen Y population will set financial resolutions in the new year, compared to 56% of Generation X, and only 38% per cent of Baby Boomers. But I still got rid of things you probably have too, like news sites who’s content is sub-par and a dodgy VPN.

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PYMNTS

OCTOBER 8, 2018

Welcome to The Axis, your late look at payments news from around the world. In addition, Alipay payments spiked at international destinations during a public holiday in China , and Australia’s Westpac is giving its customers the ability to make mobile check deposits.

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PYMNTS

FEBRUARY 4, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Tourism Australia and Alipay ’s collaboration on the Sydney City Card program. It comes amid the Chinese New Year, when visitors from China visit international destinations such as Australia.

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Google Cards Training Customer Experience 122

TheGuardian

DECEMBER 25, 2020

Former president of the World Bank determined to alleviate poverty in less developed countries “If you have wealth, you have to share it,” was the watchword of the former president of the World Bank James Wolfensohn, a larger than life, egotistical, supremely confident, inveterate networker, but fundamentally a good and witty man.

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PYMNTS

JULY 20, 2018

Sydney, the most populous city in Australia, is also a burgeoning FinTech hub: In fact, Deloitte has ranked it as the eighth most conducive hub for growth in the FinTech sector. A key element in its emerging global reputation is the speedy progress we have made in FinTech in Sydney.”. stocks, call the city home.

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Tomorrow's Transactions

DECEMBER 12, 2014

The picture shows me paying in a cab in Sydney using a UK contactless card a couple of years ago. On my last trip to Australia. Australia and New Zealand are both well on the way to becoming post-cash societies. Absolutely everywhere takes cards and absolutely everyone has one. The whole continent is contactless crazy.

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Cards Payments Taxes Retail 66

PYMNTS

MARCH 28, 2019

Welcome to The Axis, your late look at payments news from around the world. In addition, European payment provider Klarna has unveiled an Open Banking Platform , and GM Cabs is offering to take payments via Alipay to help serve consumers in Australia. Coverage includes the formal rollout of payments via PayNow with the U.K.’s

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Payments Fintech Cards Report 116

PYMNTS

JUNE 26, 2018

In Australia, for example, Sydney-based financial startup volt bank is bringing the country’s first digital bank to market. To see the rest of the latest headlines from around the Digital Banking space, check out the Tracker’s News and Trends section. How PNC Is Adapting To The Rise Of AI . About the Tracker.

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Trends Digital Banking United States Tools 127

PYMNTS

JULY 4, 2016

As a result of the recent Brexit news , all eyes have remained fixated on the U.K. Sydney Shines As A Tech Scene Down Under. Sydney may be located down under, but the city’s growing tech ecosystem is determined to become top of mind when you think of global tech hubs. s Technology ‘Hotbed’ Picks Up Steam.

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PYMNTS

MARCH 27, 2019

The news comes as The New York Times , citing two unnamed sources familiar with a request made by a grand jury in New York, noted that the investigation is being handled by the U.S. There are 150 companies that had such data sharing deals in place, spanning marquee names such as Apple and Amazon , according to reports.

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