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POLi Payments
POLi Payments Pty Ltd (formerly known as Centricom) is an online payments company based in Melbourne, Australia. It is the developer and provider of POLi, an online payment system that is used by merchants and customers in Australia and New Zealand. POLi Payments was acquired by SecurePay Holdings, a fully owned subsidiary of Australia Post, in December 2014. POLi enables customers to pay for goods or services directly from a merchant's website without the need for a credit card, but by using a direct connection to the user's internet banking. A benefit is that the merchant receives an instant receipt and that customers do not have to register to use POLi. The service is used in Australia and New Zealand with its largest merchants being Jetstar, Virgin Australia, Air New Zealand, Sportsbet and Sportingbet. The service has attracted widespread criticism from banks and others. The service has also been implicated in enabling payments that could be used for illegal gambling. Hi ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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McAfee
McAfee Corp. ( ), formerly known as McAfee Associates, Inc. from 1987 to 1997 and 2004 to 2014, Network Associates Inc. from 1997 to 2004, and Intel Security Group from 2014 to 2017, is an American global computer security software company headquartered in San Jose, California. The company was purchased by Intel in February 2011, and became part of the Intel Security division. In 2017, Intel had a strategic deal with TPG Capital and converted Intel Security into a joint venture between both companies called McAfee. Thoma Bravo took a minority stake in the new company, and Intel retained a 49% stake. The owners took McAfee public on the NASDAQ in 2020, and in 2022 an investor group led by Advent International Corporation took it private again. History 1987–1999 The company was founded in 1987 as McAfee Associates, named for its founder John McAfee, who resigned from the company in 1994. McAfee was incorporated in the state of Delaware in 1992. In 1993, McAfee stepped do ...
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Online Companies Of Australia
In computer technology and telecommunications, online indicates a state of connectivity and offline indicates a disconnected state. In modern terminology, this usually refers to an Internet connection, but (especially when expressed "on line" or "on the line") could refer to any piece of equipment or functional unit that is connected to a larger system. Being online means that the equipment or subsystem is connected, or that it is ready for use. "Online" has come to describe activities performed on and data available on the Internet, for example: "online identity", "online predator", "online gambling", "online game", "online shopping", "online banking", and "online learning". Similar meaning is also given by the prefixes "cyber" and "e", as in the words "cyberspace", "cybercrime", "email", and "ecommerce". In contrast, "offline" can refer to either computing activities performed while disconnected from the Internet, or alternatives to Internet activities (such as shopping in bri ...
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Credit Cards
A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt (i.e., promise to the card issuer to pay them for the amounts plus the other agreed charges). The card issuer (usually a bank or credit union) creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance. There are two credit card groups: consumer credit cards and business credit cards. Most cards are plastic, but some are metal cards (stainless steel, gold, palladium, titanium), and a few gemstone-encrusted metal cards. A regular credit card is different from a charge card, which requires the balance to be repaid in full each month or at the end of each statement cycle. In contrast, credit cards allow the consumers to build a continuing balance of debt, subject to interest being charged. A credit card diffe ...
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Police Bank
Police Bank Ltd. is an Australian, member-owned mutual bank. Founded as NSW Police Credit Union (PCU) on 24 October 1964 by a group of officers from the Clarence Street Police Station in Sydney, its members passed a resolution to enable "Police Credit Union" to become "Police Bank Ltd." on 3 December 2012. Membership with Police Bank is open to employees and their relatives, as well as friends of the NSW Police Force, Australian Federal Police, Emergency Management Australia, Corrective Services NSW, Australian Courts, or any other area of law enforcement and associated services. Police Bank also offers membership to employees of the Australian Customs and Border Protection Service as well as Australian Quarantine and Inspection Service under their "Customs Bank" subsidiary. Police Bank is a member of The Customer Owned Banking Association, the industry body representing the Australian mutual and cooperative banking sector. Police Bank is a member-owned institution and has n ...
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Bank Australia
Bank Australia is an Australian customer-owned bank based in Collingwood, Victoria. The organisation can trace its origins back to 1957, when the CSIRO Co-operative Credit Society was formed. Over succeeding years, mergers among 72 other credit unions and co-operative banks eventually led to the creation of the Members & Education Credit Union (mecu) in 2003, which became Bankmecu in 2011, and Bank Australia in 2015. Bank Australia is a member organisation of the Australian Banking Association, the Global Alliance for Banking on Values, and is a certified B Corporation. History Bank Australia is an amalgamation of 72 credit unions and co-operatives. Starting in 1957 as the CSIRO Co-operative Credit Society, the bank expanded to become Australia’s first customer-owned bank in 2011, trading under the name Bankmecu. In 2015, the bank rebranded itself as Bank Australia. Sustainability In June 2020, Bank Australia became a certified B Corp. Bank Australia has been carbo ...
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Bank Of Queensland
The Bank of Queensland (branded BOQ) is an Australian retail bank with headquarters in Brisbane, Queensland. The bank is one of the oldest financial institutions in Queensland, having begun as a building society. It now has 163 branches throughout Australia, including 53 corporate branches and 103 "owner managed" branches. In 2021, customer satisfaction with BOQ was rated at 82.9% by Roy Morgan Research. In 2007 customer satisfaction levels were placed at 88%. The bank does not currently have any board directors who are based in Queensland. History A Bank of Queensland was established in 1863. It collapsed in 1866 closing its doors in the severe financial depression known as the Panic of 1866. Another bank took the same name in 1917 but disappeared into the National Bank in 1922. The current Bank of Queensland was established in 1874 as The Brisbane Permanent Benefit Building and Investment Society. It was incorporated in 1887. It amalgamated with City and Suburban Building ...
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Westpac
Westpac Banking Corporation, known simply as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place in Sydney, New South Wales. Established in 1817 as the Bank of New South Wales, it acquired the Commercial Bank of Australia in 1982 before being renamed to Westpac Banking Corporation. Westpac is one of Australia's Big Four (banks)#Australia, Big Four banks, and is Australia's first and oldest banking institution. Its name is a portmanteau of "Western" and "Pacific". As of 2021, Westpac has 14 million customers worldwide, and employs around 40,000 people. History Established in Sydney Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountain ... in 1817, the Bank of New South Wales (BNSW) was the first bank in Australia. Edward S ...
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Commonwealth Bank
The Commonwealth Bank of Australia (CBA), or CommBank, is an Australian multinational bank with businesses across New Zealand, Asia, the United States and the United Kingdom. It provides a variety of financial services including retail, business and institutional banking, funds management, superannuation, insurance, investment and broking services. The Commonwealth Bank is the largest Australian listed company on the Australian Securities Exchange as of August 2015 with brands including Bankwest, Colonial First State Investments, ASB Bank (New Zealand), Commonwealth Securities (CommSec) and Commonwealth Insurance (CommInsure). Its former constituent parts were the Commonwealth Trading Bank of Australia, the Commonwealth Savings Bank of Australia, and the Commonwealth Development Bank. Founded in 1911 by the Australian Government and fully privatised in 1996, the Commonwealth Bank is one of the " big four" Australian banks, with the National Australia Bank (NAB), ANZ and Wes ...
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Kiwibank
Kiwibank Limited is a New Zealand state-owned bank and financial services provider with approximately 4% of market share in terms of assets. Kiwibank is owned by the New Zealand Government and provides some of its banking services through its branches. Kiwibank branches were previously located within ''PostShops'' (post offices). The company's Board of Directors was chaired by former New Zealand Prime Minister Jim Bolger from 2001–2010. The current Chair of the Board of Directors is Jon Hartley. History Earlier state-owned banks Kiwibank is similar in many respects to an earlier post office-based bank owned by the New Zealand Government. The New Zealand Post Office Bank was established in 1867. In 1987, the bank was corporatised and separated from New Zealand Post and Telecom New Zealand to form a stand-alone company – PostBank. Then in 1989 PostBank was sold by the government to ANZ. Establishment period (2002–2010) The bank originated from Alliance Party policy du ...
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Bank Of New Zealand
Bank of New Zealand (BNZ) is one of New Zealand's Big Four (banking), big four banks and has been operating in the country since the first office was opened in Auckland in October 1861 followed shortly after by the first branch in Dunedin in December 1861. The bank operates a variety of financial services covering retail banking, retail, business and institutional banking and employs over 5,000 people in New Zealand. In 1992 the bank was purchased by the National Australia Bank and has since then operated as a subsidiary, but it retains local governance with a New Zealand board of directors. As of June 2022, BNZ is the second largest bank operating in New Zealand, with a market share of 19.1%. History * 1861: The Bank of New Zealand formed as a private company and incorporated by The New Zealand Bank Act 1861 creating the company and authorising it to issue banknotes. First branch in New Zealand opened in Queen Street, Auckland, Queen Street in Auckland and a Dunedin branch ...
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ANZ New Zealand
ANZ Bank New Zealand Limited (commonly referred to as ANZ) is a New Zealand banking and financial services company, which operates as a subsidiary of Australia and New Zealand Banking Group Limited of Australia. ANZ is one of New Zealand's big four banks, and is the largest bank in New Zealand with approximately 30% of market share as of March 2021. Australia and New Zealand Banking Group bought the National Bank of New Zealand from Lloyds Bank in 2003. The banks operated as separate brands until 2012, when they were unified under the ANZ brand. The company was renamed ANZ Bank New Zealand in 2012, following the withdrawal of the National Bank brand. ANZ provides a number of financial services, including banking services, asset finance, investments and payment services. History 19th century In 1840, Union Bank of Australia (UBA), a British bank with head office in London, agreed with the New Zealand Company to accompany settlers to New Zealand to provide them with banking servi ...
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