Can banks keep up with tech disruptors?
Established banks should see disruptive technology companies as a major threat, members of the finance industry agreed this morning at an Australian Information Industry Association event in Sydney.
Established banks should see disruptive technology companies as a major threat, members of the finance industry agreed this morning at an Australian Information Industry Association event in Sydney.
The rise of near field communications (NFC) may require updated regulation, according to the Australian Communications and Media Authority (ACMA) in a report released today.
Near field communications (NFC) for mobile payments lacks a clear advantage over traditional forms of payment, according the CEO of mHITs, an Australian SMS-based mobile payments service.
Commonwealth Bank revealed a slew of tech announcements today, including Facebook payments, a redesigned Kaching app for Android devices and new business banking products.
Two Australian small businesses with early trials of PayPal’s new in-store mobile payments system said they see value in the service despite high transaction fees and low consumer awareness.
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