New study: Australian businesses shift credit risk focus as JobKeeper comes to a close
“Government support programs have enabled Australians to avoid overdue debt throughout 2020, however our bureau shows some possible concerning trends as these begin to come to an end,” said Mathew Demetriou, Experian’s GM of Decision Analytics.
End of Government stimulus to cause business cashflow pressures in coming months
Whilst creditors are carrying less delinquent debt than this time last year, their risk outlook continues to rise as we approach the end of government stimuli.
Australian businesses win “wooden spoon” for digital transformation: CPA Australia
Releasing the results of its Asia-Pacific Small Business Survey, CPA Australia says significant public funding is needed to help Australian small businesses go digital.
Melbourne-based fintech Airwallex completes acquisition of UniCard
Acquisition boosts ability to offer new innovative payment methods to empower businesses to grow without borders.“This is an exciting development for the Hong Kong market and Airwallex customers, and we are pleased to have received HKMA’s consent to be a shareholder controller of UniCard,” says...
Australia expected to be predominantly cashless by 2024 as use of digital payments explodes, new report finds
With the Australian e-commerce set to market double in size by 2024, Australian businesses will need to rapidly adapt to accommodate new online and in-store payment preferences.
