In recent years, the way we pay for goods and services has evolved significantly. Traditional payment methods such as cash, credit cards, and bank transfers are being challenged by new technologies and alternative payment methods (APMs). So, what exactly are alternative payment methods? Alternative payment methods are any payment option

Fintechs are leveraging technology to deliver innovative financial solutions that challenge the traditional banking model. But the relationship between the two sides is complex and multifaceted. While there are areas of competition, there are also many opportunities for partnership and collaboration. Fintechs vs Traditional Banks 'Fintech' is a

Digital payments have transformed how we pay for goods and services and even how we send and receive money from friends or family. They offer a number of key advantages over traditional payment methods, including connivence, speed and security that have contributed to them being preferred payment method for most

The push to digitalisation has completely revolutionised our lives and how we interact with the world. But the move towards 'online' has also meant that the scope of falling behind if you do not adapt has never been greater. Businesses that have embraced global digital payments are growing

Interest rates continue to rise in Australia and across other major economies in response to the increasing price of goods and services, known as inflation. For businesses operating across borders, understanding how higher interest rates can affect international supplier relationships and foreign exchange exposures are crucial. In this article we&

We live in a world where it is critical for consumers, businesses and financial institutions alike to be able to make frictionless international payments. But the cross-border payments ecosystem still suffers from significant challenges around efficiency and value. Fintechs and specialist payments providers are solving some of the key issues

GameFi refers to play-to-earn blockchain games that offer players economic incentives to participate. Players are rewarded in cryptocurrency or non-fungible tokens (NFTs) by completing tasks, battling other players or progressing through different game levels. GameFi is just the latest sector to emerge as a result of blockchain technology, and the

B2B payments are payments made from one business to another. Traditionally, they were made using cash or cheques, but the shift to online has meant that the more and more B2B payments today are done digitally. Thanks to online B2B payments companies, sending a receiving international payments has become a

Digital Wallets, defined Digital wallets, also known as e-wallets or mobile wallets, are an online payment tool that serves as an electronic version of a physical wallet. Digital wallets are used to store virtual versions of debit or credit cards, but they can also be used to store loyalty cards,

Touted as a game-changer for payments, PayTo is in the process of being rolled out by merchants and banks across Australia, with the 'Big 4' set to go live by the middle of 2023. On the cusp of becoming mainstream, our blog looks at PayTo basics and the

Most people have heard of cryptocurrencies, particularly the most well-known one - bitcoin. But cryptocurrencies suffer a major problem with price stability that has left investors with heavy losses. Stablecoins are meant to provide a solution to the problem of cryptocurrency volatility. Their aim is to mimic traditional currencies, but

APIs (Application Programming Interface) help businesses, banks, financial institutions and platforms scale their payment capabilities faster, streamline operational processes and, ultimately, boost revenue. A payment API operates to integrate a payment solution with another, existing application, for example a customer being able to checkout online without being redirected to a

The banking and fintech landscape is exploding with new business models and technologies, making it hard to keep it all straight. Banking-as-a-Service (BaaS) is one example. You may have heard of it but do you know what it is? What is BaaS? Banking-as-a-Service describes a start-to-finish model in which licensed

Open banking initiatives have taken off in many economies around the world, including Australia. More than just a buzz word, open banking is one of the key initiatives helping to deliver better financial experiences for both consumers and merchants when it comes to payments. What is open banking? In a

The digital asset space is vast, and it can it be easy to get lost in a sea of definitions and labels. But understanding the role that digital assets can play in improving the existing financial ecosystem and the payments space, in particular, is critical for businesses that want to

ISO 20022 promises to modernise cross-border and real-time payments processing using data standardisation.

In recent years, the improvement of payment technology has led to a major breakthrough in cross-border payments, allowing organisations to effectively expand into international markets that they otherwise wouldn't be able to reach. Virtual bank accounts are one of these revolutionary technologies. Whether you are aiming to reduce

Christmas is one of the busiest times of year for everyone, with people rushing to organise gifts for family and friends living away from home. In Australia, where nearly 30% of current residents were born abroad, this is especially true. Every Christmas, millions of dollars are transferred to family members

Web3 is meant to be the next big evolutionary leap forward in the internet. For payments, it promises to completely revolutionise how we send and receive money. But what is Web3, exactly? Web1 vs Web2 vs Web3 Let's start at the beginning. Web1 is basically the internet as

In a world where money is increasingly stored and transferred online it is critical that the institutions involved are trustworthy. Fraud in the News Over the past few weeks it has been hard to escape the headlines about FTX - it's astonishing collapse, the disappearance of billions of

With BFCM just around the corner, we review some of the best strategies for converting cross-border shoppers online.

Small and medium size businesses are increasingly reliant on cross-border payments for growth. They need to be able to send and receive payments to keep up with consumer demand and the evolving digital economy. In a perfect world, sending these payments would be simple, quick and secure. But as a

Tactics used by scammers are rapidly evolving and individuals are the most at risk of falling for their schemes. Staying knowledgable about different scams is the key to protecting your personal information and money. Scams are changing Scams in Australia are getting increasingly sophisticated and scammers are always finding effective