Category Archives: Business

Using mobile phone

It takes more than just a cute app

Innovations in mobile payment systems are rapidly changing consumer payment behaviours, creating opportunities for non-banking players to enter the digital payments industry. The global tech giants, Google, Amazon, Facebook and Apple, in particular, are utilizing their formidable market reach and consumer behaviour know-how to reshape consumer expectations and the digital payments landscape. Millennials and Gen-Z display far less brand loyal…

Secure Trading

Bluechain joins Secure Trading network

Bluechain has signed an agreement with Secure Trading for payment gateway services, giving Bluechain access to their extensive acquirer network across Asia, Australia, Europe, North America and South America. Secure Trading is one of the world’s leading independent payment service providers and is integrated with banks all over the world. The Secure Trading partner program enables Bluechain to introduce customers…

Location Kenya

New fintech hits major milestone

Yesterday in Nairobi, Kenyan payment solution provider PesaPrint signed a licence agreement that will see Bluechain rolled out to over 5 million users in Kenya in the next 5 years. Under the licence agreement, PesaPrint will white-label the Bluechain payments app and will be responsible for in-country marketing to merchants and consumers. Apart from securing an important revenue stream in…

org chart

Robin Halliday appointed CFO

The Board is pleased to announce the appointment of experienced finance professional Robin Halliday as group Chief Financial Officer. Robin, who will be based in the UK, adds considerable depth to our senior management team as we prepare for the transition from start-up to operations in the coming months. Bluechain CEO Mike McAuley commented “Robin’s experience in both the public…

Bluechain request-to-pay

Request-to-pay: a better a way to pay

In a survey of UK payments users (World Class Payments Report, Payments UK, www.paymentsuk.org.uk), customers expressed the need for “more choice and control over the timing and method of their payments”. Payments UK identified four capabilities as priorities for giving customers more control, simpler access, better information and improved confidence in their payments. One of those priorities is request-to-pay (RtP),…

UK-Australia

UK-Australia fintech agreement welcomed

The UK-Australia FinTech Bridge agreement, signed yesterday by Australian Treasurer Scott Morrison and the UK Chancellor of the Exchequer Philip Hammond, is good news for Australian and UK fintechs. The agreement provides a framework for governments, regulators, trade promotion agencies and industry bodies from the two countries to work together and drive fintech growth. The UK is one of Bluechain’s…

e-commerce fraud

Fraud in mobile payments continues to rise despite increased fraud prevention efforts by merchants

The Mobile Payments & Fraud 2017 Report sheds light on the current status of payments in the mobile channel from the merchant perspective. With over 800 merchants participating in the 2017 Mobile Payments & Fraud Survey, spanning small and large merchants in every part of the globe, the survey provides a reliable and independent measure of trends in the mobile…

Latest funding round completed

Although securing private funding has proven a difficult path for many Australian tech companies, Bluechain has continued to fund its development from private and institutional sources. In doing so, Bluechain is following a path more commonly seen in Silicon Valley start-ups, in which IPO and trade sale options are pushed further down the timeline, allowing seed investors to maximize return…

Trust and technology: banks should heed the warning signs

According to a recent article in the Australian Financial Review “Bank dominance under threat from technology, trust”, banks need to start taking notice of how the world has changed around them. The days when the banks dictated how consumers paid for goods and services or borrowed money are gone. And if they don’t pay attention, they could find themselves being…

Financial inclusion: one of Africa’s greatest challenges

Financial inclusion has been a major challenge for developing economies for many years. The reason it is such a hot topic, especially in Africa, is that many governments have identified it as one of the key enablers for sustainable economic growth. When too much business activity is conducted informally, outside traditional financial systems, governments lack the controls they need to…

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