Fintech
Opinion
Opinion
iPhone and apps are trumping cards for payments – but be cautious
As tech giants muscle their way into finance, regulators are wary of the risks to competition from these new players.
- by Clancy Yeates
Latest
Scottish fintech sets its sights on Australia
Combining credit checks, payment chasing and debt collection, the Scottish fintech claims its technology can help small businesses get a better handle on their cash flow and better manage their credit risk.
- by Tim Biggs
Opinion
Payments
Why the RBA needs powers over Apple and Google’s payments forays
Tensions between the banks and Apple are bubbling up to the surface as the government prepares to give the RBA powers over digital wallets.
- by Clancy Yeates
AI is having a Google moment: Square boss
The US fintech giant is an example of how artificial intelligence is already being incorporated into financial services products today.
- by Clancy Yeates
Opinion
BNPL
How the buy now, pay later changes could affect you
The government will regulate Afterpay and its rivals as credit, closing a gaping loophole – but there’s a twist.
- by Clancy Yeates
‘Another nail in the cash coffin’: Businesses can now take payments on their iPhones
Apple is switching on technology that allows Australian businesses to accept contactless credit card payments on their iPhones.
- by Clancy Yeates
Fintech Finspo aims to roll out ‘robo mortgage broking’
Finspo plans to develop technology that would automate part of the mortgage broking business by generating advice to help clients pick a loan.
- by Clancy Yeates
‘Game changer’: Smartphones take on new role in payments battle
First, smartphones were transformed into digital wallets, now technology giants and banks want to turn phones into devices that can receive payments as well.
- by Clancy Yeates
Analysis
Banking products
Why banking’s need for speed could also be its key risk
A big lesson from a turbulent month in global banking is that digital banking and social media have introduced new risks to the industry.
- by Clancy Yeates
Buy now, pay later companies urged to do more for vulnerable customers
Buy now, pay later (BNPL) companies say they will consider improving access to hardship support schemes and be clearer about how they can assist vulnerable consumers.
- by Clancy Yeates
Opinion
Inside China
Out of the shadows: The $382b Chinese split that could heal old wounds
Jack Ma has resurfaced in China after several years out of the public view following a very public spat with Beijing. His return has coincided with the carving up of the company that made him one of the world’s richest people.
- by Stephen Bartholomeusz