Payment innovation stories

It’s critical that tradies take the opportunity ahead of the January cashflow slowdown to get their business in shape so they can make a fresh start.

By incorporating open banking with a customer-centric approach, the payment landscape is rapidly transforming, forcing businesses to adapt or get left behind.

In the ever-evolving world of accounting and professional services, one constant remains: the critical importance of being paid on time.

Wise Platform has launched a new way to help enterprises and their customers with cross-border money management.

Universal Partners teams up with Muse Finance to offer digital invoice and trade finance for businesses, expanding their financial product suite.

While the other end of town enjoys regular pay cycles and pontificates about bonus structures, small businesses simply need to be paid on time.

The pace of innovation in meeting customer demand and the shifting economic environment presents a challenge when developing payment technologies.

Zepto, an account-to-account payments technology provider, has announced its launch in New Zealand, offering API-led payment solutions.

Corpay addresses border payments and currency risk management. Offering hedging, payment technology, cash flow solutions and exotic currency capabilities.

This alliance means that Nexio will now utilise Chargebacks911’s end-to-end dispute management offering, while also reaping results for its merchants.

Having the right technology has become mission-critical for organisations of all sizes in the digital economy.

BidFin, an Australian-based fintech, has launched a recurring revenue funding solution for the Australian technology market.

2Forter has launched Smart Payments, a new offering designed to increase conversion rates and digital commerce revenue.

Masabi has formed a strategic relationship with Fujitsu Australia to deliver the next phase in ticketing and payment innovation to cities across ANZ.

The agreement will see ACI provide and run Kiwibank's newly installed, full capability Payment Hub: a SaaS solution hosted in the Microsoft Azure cloud.

Payments innovation will shift from consumers to businesses in the next decade as tech firms create autonomous payments in connected devices, says Forrester.

Block, the company behind payment apps including Square, Cash App, Spiral, and TIDAL, is already making the most of Afterpay's buy now, pay later offering.

Global Processing Services (GPS) has closed a fundraise of over $400m, with Temasek and MissionOG joining the initial investors.

The latest research by Kaspersky reveals that mobile payment apps are booming in APAC, with 90% of respondents using them in the past year.

Adobe Commerce is set to launch a new Payment Services feature that will allow merchants to offer an Adobe-based payment solution.

PPRO integrates with Jenius Pay and LinkAja to offer more payment options to Indonesian retailers, boosting sales in the market.

South African fintech firm Ukheshe Technologies is partnering with dzcard to expand its reach into the Asia Pacific region.

Banks spent on average approximately $360,000 in 2020 on failed payments, whereas the average corporate firm spent just over $200,000.

The company says it will commit more resources to help business in Australia and New Zealand transform their businesses.