ABA Technology has opened a Bitcoin ATM machine in the Westfield Sydney Central Plaza on Pitt Street mall — Australia’s first such machine for the occasionally controversial digital currency. Consumers will be able to buy and sell Bitcoins for cash. First-time users are required to provide identification and undertake a

Facebook has filed for regulatory approval for the right to issue digital credits which can be converted into money. It filed in Ireland recently, with approval apparently only weeks away. The giant dotcoms like Facebook, Google, Amazon and eBay are increasingly expected to enter the lucrative payments markets, having sat

Australians spend $60 billion a year on groceries, the vast majority of it in store.  And while the data suggests times might be ripe for change  – smart phone owners outspend non smartphone owners by two to one – for now grocery remains the retail category least susceptible to digital

Digital marketers want to tell stories, build beautiful experiences and romance the customer. Ecommerce managers want to collect the money. Cue comic interludes. Tears. In the majority of companies these two disciplines work in different silos usually chasing different KPIs, and that can lead to bad customer outcomes such as

It’s something of a breath of fresh air. A banker in Australia – the CBA’s chief Ian Narev – openly acknowledging that he doesn’t know what technology will do to banks.  The report of Narev’s comment went on to his speculation about the future evolution of tablets and check off the

The group buying market has hit the wall in Australia, with its revenues flatlining for three years, and indeed declining slightly last year. Instead any growth the incumbents achieved came out of market consolidation as early movers fail, or exit. New research by Telsyte – which remains upbeat on the

Employees across all levels of the business need to be trained to understand what data the company uses, how that information will be stored and how it can be used to enhance the customer experience to drive sales, according to management consultants McKinsey & Company This was a key conclusion

Banks derive a huge slab of their revenue from fees on electronic payments and those revenues are under threat, as myriad studies have shown. Now research from the Commonwealth Bank Of Australia (CBA) helps explain the scale of contestability. According to a study by the bank, the majority (73 per cent)

Retailers that collaborate across corporate structures, share data across divisions and who encourage employee participation in analysing customer data are stealing a march on their competitors according to a new study. IBM, along with Planet Retail studied leading retailers in the US & UK, which surveyed 325 senior merchandising executives

Napster wasn’t the first peer to peer file sharing company at the dawn of the dotcom era. Nor was it the only company to flagrantly disregard the law during those halcyon days before and just after the crash. But more than any other company it was the harbinger for the