Australia

Ant Financial’s push to expand global acceptance of its Alipay mobile wallet to wherever Chinese tourists go continues in Australia through Tyro, a fintech payments operation that obtained a banking license in 2015.

The vast majority of card fraud in post-EMV Australia affects digital payments, a trend that has prompted government action, expedited security projects, and financial pressure on banks from retailers.

Fleet card and corporate payment provider WEX has partnered with Melbourne, Australia-based fintech Payment Logic to support automated vehicle registration for fleet operators in Australia.

Angela Clark will be CEO of Beem It, which launched in May and has the backing of National Australia Bank, Westpac and Commonwealth Bank.

Australians' love for contactless payments is driving the Australia and New Zealand Banking Group to incorporate mobile withdrawal technology to its ATM network.

Electronic payments processor Mobile Credit Payment has launched an app that allows small businesses to invoice customers through social media channels and accept various payment methods.

Contactless card and mobile payments are set to see significant uptake in Australia, already a world leader in contactless card acceptance, as the country starts to implement open transit payments.

Under the Australian government’s direction, the country is implementing an open banking plan — but it's not going as far as the U.K. and EU have.

As the trade war ramps up, some cross-border payment companies are steering into the storm by selling lower-cost automated processing as a way to offset expensive supply chains.

The Australian state of Queensland has selected Cubic Corp. of San Diego to develop a mass-transit ticketing system that will support contactless payments and real-time rider account information for public transportation in the region surrounding Brisbane.