Digital payments have revolutionised commerce, but with convenience comes the risk of fraud. Recent statistics show a 35.6% increase in payment card fraud to $677.5 million, posing a threat to businesses' financial health and reputation. Read more about how fraud is affecting the commerce landscape and how businesses are fighting against it: https://lnkd.in/grC3KECW #digitalpayments #fintech
Novatti Group (ASX: NOV)
Financial Services
Melbourne, Victoria 7,093 followers
Pay and be paid. Acquiring, billing, issuing, processing & banking fintech solutions to unlock your business ambitions.
About us
Novatti (ASX: NOV) is an award-winning fintech that enables businesses to pay and be paid from any device, anywhere. With over 20 years of experience and active partnerships across 58 countries, the company is a home-grown Australian success story with a fast-growing global presence. As an end-to-end payments provider, Novatti’s solutions include the following: • Acquiring: Omni-channel payment acceptance for businesses. • Billing: Subscription billing, invoicing and process automation for telcos, MSP and utility sectors. • Banking via International Bank of Australia Pty Ltd. IBOA has been granted a Restricted Authorised Deposit-taking Institution licence (RADI) to conduct restricted banking business. • Issuing: Visa prepaid, debit and gift cards, digital wallets and end-to-end Program Management. • Cross-border payments: 20+ Global Currency Accounts, send and receive funds globally via local and SWIFT network routes. • Alternate payments: Flexepin vouchers and wallets, ChinaPayments including Novatti BillPay (Australian BPAY bill payment with Asian currency), AUDD (Australian dollar stablecoin) and other payment innovations. The Novatti Group holds extensive regulatory licences, including: • Australian Financial Services Licence (No 448066) • AUSTRAC (RNP100401875-001) as a Remittance Network Provider • Authorised Financial Conduct Authority e-money issuer in the UK • Registered as a Foreign Money Service Business in Canada • Member of the Australian Financial Complaints Authority (AFCA 33296)
- Website
-
https://www.novatti.com
External link for Novatti Group (ASX: NOV)
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Melbourne, Victoria
- Type
- Public Company
- Founded
- 2015
- Specialties
- International Remittance, Voucher Management and Distribution, International Top-Up, Digital Currency, Electronic Value Distribution, Digital Wallets, Mobile Money, Mobile Wallets, Voucher Management System, Card Issuing, Acquiring Services, Subscription billing, fintech, Payments, Visa Partner, Mobile Payments, financial license, cross-border, stablecoin, and digital currency
Locations
-
Primary
3/461 Bourke St
Melbourne, Victoria 3000, AU
-
29 Finsbury Circus
London, England EC2M 5SQ, GB
Employees at Novatti Group (ASX: NOV)
-
Mark Maglaras
General Management | Capabilities Leadership | Account Management | Business Development | Technical Operations | Customer Experience
-
Stan Rubin
-
Prasan Fernando
Head Of Technology - Payments at Novatti Group (ASX:NOV)
-
Peter Cook
Executive Director at Novatti Group (ASX:NOV)
Updates
-
✨ Novatti announced as Finnies finalist ✨ Excited to share our recent news that we have been nominated as a finalist in the #finnies awards. We are honoured to be recognised for both 'Best workplace diversity' and 'Positive impact award' categories. Thank you to FinTech Australia for this opportunity and congratulations to the other great nominees. Read more about the finalists here: https://lnkd.in/gB6zmGv4
-
Institutions that adapt to modern digital payments both enhance the international student experience and bolster their competitive edge. Our latest blog delves into the shift towards digital wallets and explores how they're set to revolutionise the international student experience. Learn more about how modern payment methods can simplify life for students, potentially increase enrolment, and boost the reputation of educational institutions as leaders in innovation. https://lnkd.in/gzBX76D5 #digitalwallets #asianpayments #fintech
-
🚀 We're thrilled to share recent updates on innovative developments and partnerships Our recent strategic partnership with one of Australia’s leading food delivery platforms and the renewal of our collaboration with a key BNPL partner offers enhanced flexibility and convenience. The expansion of our Chinese payment solutions to our New Zealand customers marks another milestone in our journey to meet and exceed the payment needs across the region. These milestones are reflections of our team's hard work, strategic foresight, and commitment to innovation and customer satisfaction. Read the full announcement for more details on recent developments and future plans. https://lnkd.in/g-wPc7DE #Fintech #Innovation #Novatti
🚀 Exciting News Alert! 🚀 I’m proud to have shared some major updates this week as our team's market led, customer driven approach is delivering some great results. Firstly we have secured a new strategic partnership with one of Australia’s largest food delivery platforms. Additionally, we've successfully renewed a contract with a strategic BNPL partner, solidifying our commitment to long-term relationships and excellence in service delivery. And we’re also now able to offer Chinese payment solutions directly to our NZ customers! These achievements validate the strength of our strategic vision and also reaffirm our unwavering commitment to providing our clients with tailored and innovative payment solutions and experiences. Well done team! To read the full announcement view the link in the comments
-
🌟 Industry workshop 🌟 Gain valuable insights and engage in meaningful discussion in the upcoming free 'Securing and Preventing Fraud in Digital Payment Systems' workshop. Dive deep into the challenges, legal nuances, and the latest trends with experts from RMIT Centre for Cyber Security Research and Innovation, LaTrobe University, and Novatti. Stay after the workshop for drinks and canapés. It's a perfect setting to mingle with peers, exchange ideas, and forge new connections in a friendly atmosphere. Spots are limited. Register below to secure your seat: https://lnkd.in/gJ8g2B9u #DigitalPayments #FraudPrevention #CyberSecurity #NovattiEvent
-
"China leads the world in embracing mobile payments, with almost 1 billion users integrating digital transactions into every aspect of their daily life." There is an essential shift towards mobile payments globally, particularly among international students from China, who expect the same level of digital convenience abroad. Our latest report reveals how Australian educational institutions can significantly benefit from adopting digital wallet solutions, in meeting the expectations of international students and enhancing operational efficiency and revenue. Learn more here: https://lnkd.in/g5u8XWbJ #digitalwallets #Educationinnovation #Novatti #Internationalstudents #Futureofpayments
-
Escalating costs and dwindling vacancy rates are increasing the pressure on renters. CoreLogic’s latest market report showed that #rents across Australia had risen by 8.3% in 2023 and this year is looking like more of the same, vacancy rates are also at near record lows with less than 50,000 properties listed nationally. There’s a growing demand for smarter ways to manage money, especially when it comes to #rentpayments. Novatti has teamed up with RentPay to revolutionise the way you pay your rent. Alongside traditional payment methods, you can now use your favourite Asian Wallets like WeChat Pay, Alipay, and UnionPay International. Read more about how renters and agencies are benefitting from the flexibility: https://lnkd.in/gGxVe_4x
-
AI, data, and the future of fintech were in focus at FinTechNZ Hui Taumata. The event celebrated innovation, collaboration, and the collective journey towards a thriving financial technology ecosystem across the pacific. With "thriving together" as its guiding theme, the hui encapsulated the spirit of unity and shared purpose among participants, ranging from industry leaders to emerging startups. Read more about our top takeaways here: https://lnkd.in/gScrzcAT #fintech #payments #fintechhui
-
We’re proud to have partnered with Rent.com.au to offer renters greater payment flexibility, enabling the use of Asian wallets. RentPay users now have the option to pay their rent safely and securely using Alipay, WeChat Pay and UnionPay International. https://lnkd.in/gfQZH4p8 If you’d like to discuss how we can help provide your customers with access to Asian Wallets, reach out to our team of experts. #alipay #wechat #Unionpay #paymentsolutions #asianwallets
Rentpay launches new international payment choices with Novatti
announcements.asx.com.au
-
New report alert 🌏💼 With Australia's booming $38.9 billion education industry, the potential for growth is immense, especially from key international markets. Yet, the gap in adopting modern payment solutions suggests a vast untapped opportunity. Learn how educational institutions are using modern payment solutions to improve the international student experience and institution's bottom line: https://lnkd.in/grS7A6xb #FutureofEducation #DigitalPayments #InternationalStudents #Novatti