Transactions stories

IDnow has secured a strategic majority investment from Corsair Capital, enhancing its position in the European identity verification market and fuelling global expansion.

Payit, powered by NatWest, has been integrated into the Salad Money platform, revolutionising how customers make loan repayments online.

Aerospike has launched Database 8, enhancing its multi-model distributed system to ensure real-time performance and strict consistency for enterprise applications.

LG Electronics has acquired a controlling 51% stake in Bear Robotics, enhancing its AI-driven robotics capabilities as part of a strategic growth initiative.

Global forklift manufacturer Combilift has boosted efficiency and revenue following the implementation of Infor SyteLine, resulting in a 30% revenue increase.

Net Essence has acquired Workshop IT, enhancing its IT services reach, supported by a loan from Growth Lending to fuel future growth.

Yuno has launched Smart Routing, an automated payment solution to optimise processes for merchants, enhancing approval rates and reducing costs.

Marqeta, in partnership with Klarna and Affirm, has launched Marqeta Flex, a new BNPL marketplace enhancing consumer access to tailored credit options.

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 and Etraveli Group have joined forces to tackle travel fraud, integrating Etraveli's advanced Precision risk management into Outpayce's payment platform.

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.