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Industry at a Glance 16-Sep-14

22 September 2014

Australian News

 

Counterfeiting on the rise: RBA
Source: The Sydney Morning Herald Business Headlines
Date Published: 09/09/2014

Counterfeiting activity was becoming more frequent as technology made it easier to replicate Australian bank notes, analysis by the Reserve Bank of Australia has found.

It's all up to Apple when you pay with iPay
Source: The Sydney Morning Herald Business Headlines
Date Published: 10/09/2014

Matched on: "Westpac AND app", "Westpac AND customers", "Westpac AND service", "Westpac AND services", "mobile banking", "payments system", "payments AND bank", "payments AND banks", "Contactless Payments"


Australian customers will have to wait to be able to use one of the most hyped features of the latest iPhone: the ability to make “tap and go” payments at retailers.


Current Issues

 

Eating and drinking boost retail sales
Source: Stuff.co.nz - Business
Date Published: 09/09/2014

Shoppers spent a little more with their electronic cards in August, with retail sales up 0.5 per cent.

Twitter tests shopping service with 'buy' button
Source: New Zealand Herald - Technology & Science
Date Published: 09/09/2014

Twitter is taking its users shopping.The short messaging service has begun testing a "Buy" button that lets some of its users make purchases or donate money to charities without leaving Twitter. Initial partners include music stars

PayPal subsidiary Braintree to process Bitcoin payments
Source: CIO
Date Published: 09/09/2014

Online payments platform Braintree will start processing Bitcoin transactions, allowing merchants to accept payments in the crypto-currency.

Apple unveils its virtual wallet
Source: New Zealand Herald - Technology & Science
Date Published: 10/09/2014

Apple, which built its iconic brand by making cool, shiny electronics, on Tuesday entered the daunting world of consumer finance with a new mobile payment system built to resist the relentless attacks of cyber-criminals who have ravaged

Visa Launches Innovative Token Service
Source: Scoop NZ - Business
Date Published: 10/09/2014

Foster City, Calif., September 9, 2014 – Visa Inc. (NYSE:V), the global leader in payments, today announced the launch of Visa Token Service – an innovative technology that provides a secure environment to help drive innovation in online and mobile

Mastercard Works with Apple to Integrate Apple Pay
Source: Scoop NZ - Business
Date Published: 10/09/2014

Purchase, NY and Cupertino, CA – September 9, 2014 – Paying with mobile devices is about to become even more Priceless™. Today, Apple (NASDAQ: AAPL) unveiled Apple Pay that will enable MasterCard cardholders to use their iPhone 6, iPhone 6 Plus

Trade Me buys online payments firm Paystation
Source: Stuff.co.nz - Small Business
Date Published: 15/09/2014


Trade Me has acquired 17-person Wellington online payments company Paystation for a confidential cash sum which it said was "not material" to the firm.

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