Ecommerce

Point of sale payments business Square announced this week the Australian launch of its small business lending program, Square Loans. The company claims that its lending program offers Australian businesses access to funds using historical transaction data, without the red tape and paperwork required by traditional forms of funding. According

Total spend over conversational commerce channels will reach $290 billion by 2025; rising from $41 billion in 2021. The figures are contained in a new report from Juniper Research. This represents a rise of 590 per cent over the next four years. It predicts that communications platforms that provide the

One of the biggest challenges e-commerce businesses face is getting access to finance; it’s not uncommon for these businesses to wait up to 6 months for bank approval. Collateral requirements, non-tailored credit assessments and, lack of product cashflow fit leads to business frustrations. Bloom says it is an ecommerce business

Whether it’s Buy Now Pay Later (BNPL), prepaid or lay-by, customers are looking for alternative ways to pay for their purchases. That has seen the emergence of a new class of company currently beloved by investors (and many consumers), and in Australia best exemplified by Afterpay (although at least one

growth innovation

Three quarters of SMBs relied on e-commerce and digital platforms to run their businesses last year. The figures are contained in the  2021 Amazon Launchpad Innovation Report. Amazon says it is helping to launch small and medium sized businesses (SMBs) in Australia through a grants initiative driven by its program

Newly minted online buying habits are proving sticky, consumer spending will rebound quickly, and working from home is here to stay. These are some of the lessons the rest of the world can learn from Australia, according to management consultants Bain and Company, which says that Australia, which has largely

Mobile payment, eftpos, financial services, smartphone

Payments vendor eftpos says it will launch two new eCommerce anti-fraud tools later this year. According to eftpos CEO Stephen Benton with more Australians moving their everyday spending into the digital economy, eftpos was rolling out the eCommerce capabilities to help drive competition, provide choice and enhance online payments security. Two

Australia Post Parcel lockers

Australia Post and DocuSign have partnered on an ID verification arrangement to speed up the often frustrating arrangement of verifying identification, for things like opening a bank account or signing a lease agreement, eliminating the need for Australians to prove their identity in-person in order to verify important documents. The

McKinsey and Company says e-grocery shopping, virtual healthcare visits, and home nesting are likely to endure beyond the COVID disruption. But they argue that remote learning, leisure air travel, and  live entertainment would likely revert closer to pre-pandemic patterns The results of the study are found in a new online

An overwhelming majority (84 per cent) of finance executives say holding Bitcoin poses a financial risk due to its volatility. A smaller number (five per cent) expect to hold some Bitcoin this year and that number rises to nine per cent when looking ahead to 2024. All up, 16 per