Payments company Splitit (ASX: SPT) is set to expedite its global growth strategy having partnered with Mastercard Inc (NYSE: MA) to develop Buy-Now-Pay-Later (BNPL) options into Mastercard’s technology suite. Through the partnership, Splitit aims to capitalise on the global BNPL phenomenon while offering payment choices, control and simplicity to consumers and businesses. “We are very
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Cybersecurity company archTIS (ASX: AR9) has confirmed its first entry into the lucrative Defence industry with the securing of Northrop Gruman as a major customer of their platform designed for the secure sharing of classified information. The commercial contract will see Northrop Gruman purchase 50 licenses for archTis’ Kojensi platform which will be used to
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After recommending shareholders take no action to the $1.2 billion takeover bid from UAC Energy at 80c per share, Infigen Energy (ASX: IFN) has today recommended shareholders instead accept an offer of 86c per share from Spanish energy giant Iberdrola. The new takeover offer comes two weeks after the UAC Energy offer was made, with
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Australian credit consumers appear to be returning to financial normality based on fintech company Wisr (ASX: WZR) confirming their loan and repayment figures have returned to pre-coronavirus levels, and are rising rapidly. The Company has reported 48% growth in their loan originations for the month of May, as Australians seek more competitive interest rates and
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Digital marketing company Crowd Media (ASX: CM8) has strengthened its online sales pipeline, partnering with VITAL Innovations for the exclusive marketing of their award-winning consumer products. This comes at a time when online business is thriving through COVID-19. The marketing services agreement will see Crowd Media roll out safety and hygiene products from VITAL’s SuperSafe
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The shift towards sustainable energy solutions continues to gain momentum following regulatory approval from the Clean Energy Council for domestic power bank systems produced by Soluna, a joint venture between Lithium Australia (ASX: LIT) and DLG Energy (Shanghai) Co, to be sold in Australia. In order to gain approval from the Clean Energy Council (CEC),
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In preparation for legislative changes which may soon see cannabis products purchasable over the counter without a prescription, leading medicinal cannabis product manufacturer THC Global (ASX: THC) has partnered with Cannatrek to produce white-labeled CBD products at their high-volume Southport facility in Queensland. As a sizable grower of medicinal cannabis with a diverse range of
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Health tech company MyFiziq (ASX: MYQ) has partnered with Canadian firm NuraLogix which will leverage the two company’s patented imaging technology. Using a smartphone camera, transdermal imaging and artificial intelligence (AI), the newly combined tech aims to determine a user’s probability of having COVID-19, as well as their risk of developing diseases that result in
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Despite COVID-19 having challenged the retail industry, consumers have substituted trips to the mall with online purchases in droves as evidenced by Zip Co’s (ASX: Z1P) results though May with the BNPL provider reporting a 78% increase in YoY monthly revenues to $15.6m. Beyond the significant increase in their online payment volumes, transaction volumes were
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