The US fintech giant is an example of how artificial intelligence is already being incorporated into financial services products today.
The government will regulate Afterpay and its rivals as credit,closing a gaping loophole – but there’s a twist.
It’s been a rocky ride for investors since Afterpay’s owner,US fintech giant Block,arrived on Australia’s sharemarket via a dual-listing last year.
As Block fends off explosive allegations from short sellers Hindenburg Research,data illustrates how some sectors are attracting the interest of investors who are shorting.
ASX-listed shares of Afterpay-owner Block plunged more than 20 per cent on Friday after a report from short seller Hindenburg Research alleged the fintech facilitated fraudsters and other criminal activity.
Fintechs may be falling out of fashion,but Afterpay’s owner says it has “unique” advantages when it comes to taking on banks.
Small businesses around the world were left unable to process payments for more than an hour on Tuesday morning.
Buy now,pay later player’s youth-focused app - Money by Afterpay - is being shuttered less than a year after its launch.
The billionaire co-founder of Twitter and fintech Block says Afterpay will form a central part of a financial “super app” he is developing.
Cryptocurrencies have mainly taken off as speculative assets,but the US fintech giant thinks more Australians will use them for payments.
Diane Smith-Gander says the buy now pay later group has a positive story to tell but the entire sector missed a fundamental shift in the market.