Displaying items by tag: Mastercard

American credit payment provider Mastercard and Japanese technology provider NEC have teamed up to help consumers use biometric technology for in-store payments.

Optus and Mastercard have extended their strategic partnership to provide Optus customers with a “simple, secure way” to prove their identity. 

Global identity verification tech company OCR Labs has become a Gold Partner in FinTech Australia’s corporate partnership program.

Mobile Eftpos reader Tyro Go is now available in more than 300 Telstra stores and business technology centres.

Former Mastercard executive and payments industry veteran Gilles Novel has joined Australian fintech and payments-as-a-service platform mx51 as the company’s new Chief Product Officer.

A newly released report by Harvard Business Review Analytic Services in association with Mastercard has given “clear and compelling guidance for business leaders looking to innovate in the year ahead”, and while many organisations prioritise integration of the most up-to-date technology, “what consumers are really looking for is trusted solutions that offer exceptional value”.

Payment technology company mx51 has raised $32.5 million in a Series B round led by an undisclosed fintech investor.

Australia’s competition and consumer commisssion the ACCC has given notice that competition in payments markets, investigating allegations of anti-competitive conduct, and protecting the interests of consumers will be the focus of its financial services enforcement and policy work over the next year.

The Australian Competition and Consumer Commisssion (ACCC) has instituted proceedings in the Federal Court against Mastercard for allegedly engaging in conduct with the purpose of substantially lessening competition in the supply of debit card acceptance services.

Technology business veteran Anurag Vasisth has been appointed as Group CEO of technology loyalty rewards platform provider Loyalty Now.

NOT FOR PROFIT: The pandemic has disrupted donation drives and crowdfunding initiatives, preventing schools, churches, community groups, and charities from receiving beneficiary aid.

Payments platform operator mx51 has appointed Varghese Mathew to the role of chief customer officer.

Payment provider Mastercard is seeking to become a trusted digital identity provider and, to this end, has applied for accreditation under the Australian Government's Trusted Digital Identity Framework.

Payment provider Mastercard has become the third company in its sector to be banned from issuing cards in India, with the move coming in July, apparently due to its not adhering to rules on local data storage.

REA Group’s data business PropTrack has joined FinTech Australia’s ecosystem partnership program to establish key relationships in the fintech sector and to create opportunities.

Australian scale-up secure coding company Secure Code Warrior has made several senior appointments.

The Sydney Stock Exchange (SSX) has joined FinTech Australia’s corporate program, becoming the 13th organisation it has signed on this year.

Cloud accounting system provider Xero has joined Fintech Australia’s corporate program.

Six subsidiaries of media firm Nine Entertainment have paid penalties totalling $159,840 after the competition regulator the ACCC issued them with 12 infringement notices for allegedly charging subscribers and advertisers excessive payment surcharges.

The migration of retailers and small businesses online has prompted Australian consumers to demand more multiple payment options, according to Mastercard’s latest study. However, the preferred payment method changes on their situation.