Our Blog - Assembly

Insights

Rebuilding the plane, while still flying it. Our journey on building our data platform from scratch.

Find out how Assembly took an eight year old monolithic platform that was slow, manual, and costly and built a fully scalable digital platform that connects all the data dots across our business. Now, we get the big picture view, allowing us to holistically see how our business is running.

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Insights

5 scaling considerations for finance teams

As a company works at a frenetic pace to meet the challenges of scaling up, the finance team plays a vital role in working alongside the management team and the wider organisation to define and execute the business's strategy. Finance’s role in capturing and analysing financial data is central to these efforts, as using data-driven insights to guide strategic business decisions becomes the norm.

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Insights

4 key considerations when developing a scalable payments infrastructure

Online platforms are complex and scaling a fast-growing platform comes with a unique set of challenges. For smaller businesses, a basic payments infrastructure handling a limited number of payment transactions is often adequate, but what happens should the business grow and demand increase due to a sudden influx of new customers?

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Announcements

Assembly Payments and CurrencyFair merger update

In April this year, CurrencyFair and Assembly Payments announced we were merging to create a new global B2B financial services company.

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Company

Assembly’s Hack Day 2021: Tiny Care Slack Bot

Having been through more than a year in lockdown, the objective of this year’s Hack Day was to provide an opportunity for the Product & Tech teams to come together and collaborate on new ideas (outside of payments), learn, and simply have fun!

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Insights

Is your digital platform prepared for growth?

Online platforms have the potential to grow quickly so it’s important to ensure that yours has the foundations in place for an efficient and effective payments infrastructure - one that can evolve as your needs change.

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Insights

Finding the right partners to scale your digital platform

For many digital platforms, success will depend on collaborations with others. Clearly, it’s important to have the right partners in place early on to enable the business to scale as needed - and even accelerate growth where possible.

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Insights

How to build the optimum team to manage payments

Building the optimum team to manage payments can be difficult. Identifying the most important roles and understanding their significance makes it easier to have the right team and capabilities in place. So what roles are most important?

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Insights

3 tips for effective business management using automation

Modern corporations are complicated entities. True management efficiency comes from constant effort and a test-and-learn attitude. And as you can, you’ll be able to achieve effective business management with automation. How can you unlock maximum human productivity using automation?

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Insights

Using customer input to drive business transformation for better results

Customer centered. Customer centric. Customers first. In recent years, management has been blanketed with coverage reminding them just how important their customers are.

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Insights

5 ways to improve your financial processes

Ever since the role of the CFO arose in the 1960s and 70s as a response to increasing (and increasingly complex) regulations, the job’s remit has continued to grow. Companies are more global than ever and need to be highly responsive to market and societal changes if they have any chance of remaining competitive.

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Insights

Best payment solutions for better business processes

How can payment solutions create better business processes in your company? Put your business in front with increased efficiency using these best payment solutions.

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Insights

4 tips on how product innovation can create tangible business gains

Product innovation can either be incremental or radical. Which one is better, and what are the benefits of innovation?

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Announcements

2020: Year in review

An end year message from the Co-CEOs of Assembly Payments, Rimal Gokani and Tim Dickinson.

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Insights

How to achieve operational excellence

We share about what operational excellence is, what are some roadblocks faced and how role clarity and operational discipline can help dissolve those roadblocks.

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Products

Increase user engagement on your platform by choosing BPAY Payout as a payment solution

Enhanced customer experience can increase user engagement on your platform. Read how by enabling BPAY Payouts a PropTech platform can encourage user engagement and time spent on their app.

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Insights

Online payment options for cryptocurrency trading platforms

When establishing a cryptocurrency trading platform or entering new markets, the ability to offer customers a variety of online payment options with access to payment rails and banking networks should be a top priority.

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Payments

Free up people-time with a better payment workflow automation

Payment automation streamlines payment processes so companies gain efficiency, improve customer service, & free up people-time to focus on value-adding tasks.

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Insights

Organic growth for cryptocurrency exchanges has never been easier and your payment provider can help

You are thinking of growing your cryptocurrency exchange and expanding your operations, but what’s the wisest course of action to help you scale up fast? Where are the largest customer segments located? With its largest increase (151%) in crypto exchange users, $46.5 million Bitcoin alone traded and a market worth $55.2 million annual revenue in 2019, you’ve been considering Australia as a potential market.

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Products

Reduce your costs of managing card data with our drop-in UI

To continue our commitment to providing customers with everything they require under one roof, we have added drop-in UI functionality to our feature-packed, comprehensive suite of payment methods, which come with one single integration.

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Payments

A payment workflow health check: Gain efficiencies and bring the focus back to your customer

API automation reduces manual payment processes such as reconciliation, enabling them in real-time so businesses can save time & operate more effectively

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Payments

Managed payments for better brand advocacy

On-platform experience influences customer perception. An efficient payment workflow will benefit your users at the point of payment, create loyal brand advocates and increase sales.

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Platforms

Using automated payment workflows to improve customer experience

The ease or difficulty with which customers can make a payment reflects on your brand. Optimising the experience by managing complex payment workflows is therefore important.

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Company

We make LinkedIn's Top 10 Startups for the second year running

We’re proud to announce that Assembly Payments has been ranked in LinkedIn’s annual Top 10 Startups list for the second year running. Read more here.

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Company

Assembly named as one of LinkedIn’s top Australian startups

We’re proud to announce that Assembly has been named one of LinkedIn’s Top Startups for 2018

Darren McMurtrie

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Co-Founder & GM, Marketing

Marketplaces

Credit card fraud: Are you at risk?

Digital crime is on the rise and changing like never before. Does your business have all bases covered when it comes to fraud prevention?

Ben Jackson

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Head of Services

Platforms

Maintaining your PCI compliance

One of the ways that Assembly ensures a secure environment for customers is through it’s adherence to the Payment Card Industry (PCI) Data Security Standard (PCI DSS).

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Partnerships

Why banks must partner with fintechs

Outdated tech infrastructure can hinder large banks from ‘building’ financial innovation. We look at why fintech collaboration can assist with creating better solutions.

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Platforms

Can your business afford fraud?

Fraud can rapidly impact your revenue & cost levels plus damage your relationships. We take a look at the basics of fraud. Read more here

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Company

Why card payments will be free in five years

Irrespective of innovation or partnerships, in 5 years payments as its charged today will be free for merchants & consumers alike. We take a look at why.

Simon Lee

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Co-founder & Co-CEO

Platforms

Why digital wallets revolutionise platform payments

We take a look at common uses for digital wallets as well as why your business should use them as the world moves towards frictionless payments.

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Payments

Instore payments 101 with Assembly’s Head of Product, Aaron French

A crash course on the technical aspects of Assembly In-store, and a taste of what’s to come.

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Products

Assembly brings new in-store solution to market

We’re thrilled to be able announce ‘Assembly In-store’ launching today with our first major banking customer, Westpac. Read more about the launch here.

Aoife Callaghan

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Marketing Lead

Marketplaces

Why some platforms don't see revenue from payment integrations

We take a look at the top three reasons you may not be seeing an uptake in additional payment options you've added to your platform. Read more here

Simon Lee

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Co-founder & Co-CEO

Company

PromisePay rebrands to Assembly Payments

With a new name, new look and renewed passion, we also begin this next chapter of our journey with a new partner.

Darren McMurtrie

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Co-Founder & GM, Marketing

Marketplaces

Invisible payments and the race to remove the money last mile

Uber lost $1.2b last year, or so it has been reported. Its critics have once again come out of the woodwork to suggest its model is unsustainable and that Uber is doomed.

Simon Lee

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Co-founder & Co-CEO

Payments

Reporting fraud: Why extra effort makes a big difference

We discuss how the details you provide regarding fraud helps build an international model of cybercrime and a greater understanding of overall trends.

Ben Jackson

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Head of Services

Platforms

Why invoicing platforms should close the payments loop

Read about the 3 pros of levering payments to help electronic invoice platforms close the loop, create real value & help customers pay conveniently.

Doug Wilber

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President, North America

Marketplaces

The growth of marketplaces and flexible fee management

The Assembly fee engine is a unique market offering capable of supporting an almost infinite number of scenarios. This fee flexibility helps platforms do amazing things for their users!

Ben Harberts

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Strategic Advisor

Payments

Integrating Payments into Online Marketplaces & Platforms

The titans of online marketplaces and platforms are those that add the most value, build the most trust and create frictionless experiences. Payments are a major component of each.

Simon Lee

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Co-founder & Co-CEO

Real Estate

Building trust within rental property marketplaces

By building trust within their shared-economy rental sites, Airbnb, VRBO, Tripping.com and others have attracted 10’s of millions of devout users.

Darren McMurtrie

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Co-Founder & GM, Marketing

Marketing

Build marketplace trust with safe payment options

We take a look at one of the more overlooked strategies for building trust within any marketplace through payment methods offered. Read more here.

Darren McMurtrie

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Co-Founder & GM, Marketing

Marketplaces

How online marketplaces deal with sanctioned entities in the global economy

Doing business with a sanctioned entity is a serious offence. It can result in severe penalties, seizure of goods/profits & imprisonment. Read more here

Ben Jackson

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Head of Services

Payments

Facts about DIY payment systems vs payment facilitators

Recently a number of clients have been asking us why they’re better off using a payment facilitator rather than doing it themselves. We discuss that here.

Doug Wilber

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President, North America

Marketplaces

Online marketplaces and the future of the 1099 economy

It easier than ever to earn a living in non-traditional, independent contractor-based models. Here we take a look at this rapidly growing trend.

Doug Wilber

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President, North America

Payments

Why auto marketplaces must provide a safe way to pay

Dramatic digital marketplaces and platforms expansion is creating high risk breading grounds for ever more sophisticated and organized scams.

Tracey West

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Financial Controller

Marketplaces

How marketplace payments solve the invoicing problem

We discuss & demonstrate how properly integrated marketplace payments change the core component of invoicing & remove the ‘chasing payments’ issue.

Andrew McIntosh

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Lead Developer

Platforms

Shifting marketplace gears: From classifieds to commerce

So your platform has thousands of users? What next? How can young & established marketplaces break through that common growth plateau?

Darren McMurtrie

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Co-Founder & GM, Marketing

Load All

Insights and announcements

Rebuilding the plane, while still flying it. Our journey on building our data platform from scratch.

5 scaling considerations for finance teams

4 key considerations when developing a scalable payments infrastructure

Assembly Payments and CurrencyFair merger update

Assembly’s Hack Day 2021: Tiny Care Slack Bot

Is your digital platform prepared for growth?

Finding the right partners to scale your digital platform

How to build the optimum team to manage payments

3 tips for effective business management using automation

Using customer input to drive business transformation for better results

5 ways to improve your financial processes

Best payment solutions for better business processes

4 tips on how product innovation can create tangible business gains

2020: Year in review

How to achieve operational excellence

Increase user engagement on your platform by choosing BPAY Payout as a payment solution

Online payment options for cryptocurrency trading platforms

Free up people-time with a better payment workflow automation

Organic growth for cryptocurrency exchanges has never been easier and your payment provider can help

Reduce your costs of managing card data with our drop-in UI

A payment workflow health check: Gain efficiencies and bring the focus back to your customer

Managed payments for better brand advocacy

Using automated payment workflows to improve customer experience

We make LinkedIn's Top 10 Startups for the second year running

Assembly named as one of LinkedIn’s top Australian startups

Credit card fraud: Are you at risk?

Maintaining your PCI compliance

Why banks must partner with fintechs

Can your business afford fraud?

Why card payments will be free in five years

Why digital wallets revolutionise platform payments

Instore payments 101 with Assembly’s Head of Product, Aaron French

Assembly brings new in-store solution to market

Why some platforms don't see revenue from payment integrations

PromisePay rebrands to Assembly Payments

Invisible payments and the race to remove the money last mile

Reporting fraud: Why extra effort makes a big difference

Why invoicing platforms should close the payments loop

Insights and
announcements