Last year, Australians lost more than $98 million from digital crimes such as fraud and hacking according to the Australian Cyber Security Centre. The financial losses are substantial and life-ruining in many cases which is why it’s understandable that the Federal Government is keen to invest in projects that can reduce future occurrences. One of
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As more and more people prefer to go cashless, it is compulsory now for even the smallest corner store to accept card payments, or risk losing customers. Observing a potential growth opportunity by supplying digital payment terminals to businesses, fintech company Novatti Group (ASX: NOV) has partnered with payment solutions provider DataMesh Group to enhance
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The International Bank of Australia has taken its first steps to becoming a household name, having been granted a restricted banking licence. This segment has been ignored within Australia’s banking sector yet contributes more than $100 billion per annum to the Australian economy. Securing the RADI (Restricted Authorised Deposit-taking Institution) has been a three-year process
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Rapidly growing fintech company Novatti (ASX: NOV) has landed a major coup with the addition of point-of-sale (POS) payments technology, enabling merchants to accept digital payments from Visa and Mastercard without additional hardware. A new partnership with MYPINPAD allows merchants to simply download software for their Android device (mobile or tablet) and enable customers to
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Businesses looking to move money overseas instantly and without incurring significant foreign exchange fees will soon be turning to blockchain technology with digital payments company Novatti Group (ASX: NOV) announcing the launch of their highly-anticipated AUDD stablecoin. Backed 1:1 against the Australian dollar, the Novatti-issued AUDD stablecoin will go live on 1 November 2022. Users
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Although some pandemic trends have lost momentum by returning to their pre-Covid status, one that shows no signs of slowing is digital payments, evidenced by revenue growth from Novatti Group (ASX: NOV) which has invested heavily in their ecosystem and is now eyeing positive cash flow. Operating a global ecosystem that facilitates digital payments, including
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