Transactions stories

New Zealand's banking sector is set to launch a Confirmation of Payee feature to combat payment scams and errors starting November 2024.

Ripple has unveiled an update to its Custody platform, enhancing features for fintechs with improved security and real-time transaction monitoring.

EY and IBM deepen collaboration by integrating Apptio software. This alliance introduces three new solutions aimed at optimising enterprise technology spending.

Jitterbit launches AI-powered App Builder 4.0 during National Coding Week, promising faster, more intuitive low-code app development for all skill levels.

A Sydney startup, Pyng, offers Australians a solution to save billions in annual tap-and-go surcharge fees by facilitating surcharge-free payments through its innovative app.

SOTI Snap’s latest update, with AI-driven paper digitisation and multilingual form generation, aims to streamline Australian retail operations for efficient peak season management.

Adyen's latest report shows businesses can save up to 59% on payment costs and increase revenue, highlighting the power of advanced payment technology.

Paymentology has achieved a milestone by connecting to Mastercard's Cloud Edge, becoming the first to do so via multiple cloud providers.

A study by Applause has found that 76% of consumers abandon transactions if their preferred payment method is unavailable, impacting retailers significantly.

Outpayce from Amadeus has partnered with Etraveli Group to enhance fraud detection in travel payments, leveraging Etraveli's Precision risk management system for accurate, real-time transaction screening.

Immutability is vital for Australian enterprises, ensuring data integrity, compliance, and trust amidst rising cyber threats and stringent regulations.

TanX has hit a quarterly trading volume of USD $1 billion, marking a 70% rise and underscoring the growing reliance on decentralized trading platforms.

Weel has promoted Damon Hauenstein to CFO and COO as the company scales up, aiming to further accelerate its growth trajectory, processing AUD $500 million annually.

UK's eflow Global launches EMIR Refit Readiness Audit, providing firms complimentary consultations to prepare for the upcoming, stringent derivatives reporting rules.

Accor partners with Stripe to streamline payments across 5,600 global establishments, enhancing customer experience as Australia's tourism sector rebounds.

JLL boosts its data centre services in Japan by appointing Fuminiro Asaki, Masue Suzuki, and Andrew Dolan to lead its enhanced platform, meeting rising investor demand.

Pax8 has promoted Nick Heddy to President and Chief Commerce Officer, harnessing his extensive experience to drive future growth and innovation in the cloud commerce marketplace.

Jio Financial Services launches the 'JioFinance' app beta, aiming to revolutionise digital banking and financial activities for Indian citizens.

Trustly’s 2023 annual report reveals a 79% surge in transactions, totaling US$58 billion, and a 51% rise in operating profit, driven by its expanded presence and strategic acquisitions in Europe.

Currencycloud and Pyvio are partnering to enhance cross-border payment solutions for Chinese e-commerce businesses, aiming to simplify transactions in emerging markets.