Tyro Payments Ltd

Rio Tinto’s (ASX: RIO) share price fell at the start of the week, despite a positive update on its proposed takeover of Canadian miner Turquoise Hill Resources. The mining giant announced it received the required support from Turquoise Hill shareholders for its proposed acquisition of the remaining 49% the Canadian miner’s issued and outstanding common […]

Health insurance provider Medibank Private’s (ASX: MPL) shares are down this week after the company revealed it suffered a major cyber security incident. Despite the concern, the provider urged there was no evidence of customers’ data being accessed and has since returned to business as usual. Medibank has a large database, covering more than 3.7 […]

Westpac Bank (ASX: WBC) has confirmed it is in preliminary talks to acquire 100% of Australian fintech Tyro Payments (ASX: TYR). The bank has said the acquisition would strengthen its small business proposition, enabling it to “better support customers and grow merchant acquiring”. It referenced a push into the competitive hospitality and healthcare spaces, where […]

The $39 billion takeover offer for Afterpay (ASX: APT) highlights the stupendous potential of our home-grown digital-oriented fintech minnows, bearing in mind the towering buy-now-pay-later (BNPL) oak tree was a mere acorn five years ago. Naturally, investor attention has turned to the slew of listed BNPL wannabes who are emulating the Afterpay model with various […]