Less than a year after launching its corporate virtual card solutions, Australia-based DiviPay has announced new funding from the venture capital arm of ANZ Bank. Reports in the Sydney Morning Herald on Saturday (Sept. 28) said the VC unit, ANZi, led a $1.56 million funding...
Cash and contactless payments in Australia are all up in each other’s grills (er, barbies) over small-value transactions. And, according to the PYMNTS.com Global Cash Index™ Australia Analysis, cash is winning with more than 60 percent of these transactions powered by the cold, hard stuff....
In Australia, cash and card-based payments have long been playing tug-of-war. In 2017, however, the balance seems to be tilting away from cash with contactless card-based payments powering close to a third of POS transactions. So, is this the beginning of the end for cash...
March 30, 2022
Zerocap, an Australian crypt asset platform, has partnered with ANZ Bank to offer the first stablecoin pegged to the Australian dollar, the company announced Wednesday (March 30). Zerocap introduced A$DC stablecoin, and the initial transaction saw $30 million A$DC transferred from ANZ direct to Zerocap. Zerocap has worked with ANZ Bank and Fireblocks, a global digital […]
