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Articles by Chris de Bruin
Westpac offers Tap to Pay on iPhone for customers to accept contactless payments
Westpac today announced it has enabled Apple’s Tap to Pay on iPhone contactless payment technology – a new, easy and secure payment option for business customers to accept in-person contactless payments with their compatible iPhone. Tap to Pay on iPhone accepts all forms of contactless payments – including Apple Pay, contactless credit and debit cards and other digital wallets – using only an iPhone and Westpac’s EFTPOS Air iOS app, removing the need for additional hardware or payment terminals.
Westpac to offer customers the ability to track carbon footprint
Westpac has announced it has begun rolling out a new capability where customers can track their estimated carbon footprint in the Westpac App and gain insights to help make more environmentally friendly choices. The tool will provide customers with an estimate of their carbon emissions tracked from spending from their eligible accounts, based on aggregate industry categories such as home energy, car fuel or groceries.
Westpac Announces Initiatives To Back Women Business Leaders
Westpac announced new measures to help female-led SMBs with dedicated start-up and scale-up loans, as research reveals accessing finance is one of the main challenges for women in business Australian banking corporation Westpac has declared its ongoing commitment to back more women in business with the new support measures, including dedicated start-up and scale-up loans. The new initiative is part of the total $500 million program to help female-led small businesses to start or grow.
Westpac Tests New Security Feature
Westpac is testing additional security layer for online payments to alert customers of potential scams, as customer losses to fraud reached a new record high in December Australian bank Westpac is launching a new security feature Westpac Verify to protect customers from potential scams, which led to double customer losses last December. The most common scams targeting Australians include business email compromises, investment scams and bank scams.
Ageing well: cultural care provider grows
Ada Cheng says the organisation she runs has “a very special market niche”. But ‘niche’ as it may be, business is booming for Australian Nursing Home Foundation, the provider of culturally appropriate residential and community aged care in New South Wales, established in 1980. According to chief executive Cheng, an almost 30-year veteran of the aged care industry, the not-for-profit has “grown exponentially”, at around five times since 2005.
Navigating ‘new normal’ next small biz snag
Although Omicron is still throwing up a messy combination of supply chain bottlenecks, staff shortages and vacillating consumer demand, it’s heartening to see optimism among small to medium sized business owners rebounding. After the previously unimaginable hurdles they’ve faced during the past two years of pandemic lockdowns, that light at the end of the tunnel seems to be getting much brighter. But, among those I speak to, they’re also under no illusions that they’re out of the woods just yet.
The benefits of complete digital adoption and increased data flow
Over the last decade, banks have become increasingly aware that the only path forward is digital. We’ve seen banks launch digital strategies, enhance their digital channels, or even launch “digital arms” to their businesses.
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