Our latest insights

As Australia moves away from legacy business payment systems like batch payments and cheques, the shift to real-time, account-to-account payments is transforming the way businesses interact – not just with their banks, but with each other.

Australia's financial landscape is evolving with the phase-out of cheques and BECS payment systems. This mean your business will need to navigate changes to payment processes and manage evolving compliance requirements, as we transition to real-time, instant payments in Australia.

GenAI is not just a buzz word – it’s a game-changer that has started to revolutionise every business and every aspect of our lives. ChatGPT had 100 million active users in just two months, and has changed the way we research, develop, test and deploy capital, technology, products, services and communications.

Customer expectations are quickly evolving. Unless your business can create a unique value proposition and strong connections with its customers, your relationship with your most important stakeholders is at risk. With demands for personalisation at its core, retailers are no longer encouraged but expected to build a connected consumer experience to support the customer journey and drive loyalty. How can retailers manage this demand for accessibility of products, information, and customer services via their platform of choice, as well as drive brand loyalty in a highly competitive marketplace?

In light of the new penalties and expansion of the unfair contract terms laws, now is the perfect time to review your Gift Card* terms and conditions and ensure they meet all the regulation requirements.

Just over three years old, Verrency provides innovation as a service in the payment space. This exciting fintech allows banks and financial providers to deliver a truly personalised and seamless experience to customers.

On Wednesday February 7th the Productivity Commission released its draft report into Competition in the Australian Financial System. The report, commissioned by Federal Treasurer, Scott Morrison, highlighted a number of areas in which the Commission believes that banking competition could be improved to benefit consumers and the wider economy.

Grant Thornton is pleased to congratulate the shareholders of Eptec, a leading specialist provider of corrosion solutions to the infrastructure and marine sectors on their sale to the Management Team backed by Alceon Private Equity.

Analysing M&A activity over the past 18 months we’ve drilled down to find what makes companies successful and attractive to investors.