Change Financial (ASX: CCA) — Company Overview, News & Financial Data
Change Financial provides global fintech payment solutions, card issuing, and testing services, serving clients across 41 countries.
Change Financial
Change Financial is a global financial technology company that provides payment management, card issuing, and payment testing solutions to banks, fintechs, and commercial enterprises. The company operates a cloud-ready Payments as a Service platform that enables financial institutions to deliver physical, digital, and virtual card programs, manage transaction processing, and integrate mobile wallets such as Apple Pay and Google Pay. Additionally, it offers payment testing and simulation software to validate performance and compliance across electronic funds transfer networks, automated teller machines, and point-of-sale systems. The business serves over 150 clients in more than 40 countries worldwide.
Snapshot
Operations
Products and/or services of Change Financial
- Payments as a Service: Delivers physical, digital, and virtual card issuing alongside transaction processing and card management capabilities. Integrates with core banking systems and provides Bank Identification Number sponsorship for card issuing across Australia and New Zealand.
- Card Management and Issuing: Enables financial institutions and fintechs to issue prepaid, debit, and credit cards. Supports physical and instant virtual cards with integrated digital wallet functionality, including mobile payment options such as Apple Pay and Google Pay.
- Transaction Processing: Connects financial institutions and businesses to major global card networks, including Mastercard, Visa, American Express, JCB, UnionPay, and Diners Club, providing secure transaction routing, authorization, and settlement services across international markets.
- Payment Simulation and Testing: Simulates end-to-end payment transaction lifecycles for automated stress testing, capacity planning, and regression testing across automated teller machines, point-of-sale terminals, and ISO network messaging protocols, executing over 10,000 simulated transactions per second.
- Buy Now Pay Later Integration: Integrates flexible instalment payment capabilities directly into payment card programs. Allows cardholders to convert purchase transactions into structured repayment plans at any merchant location without requiring third-party financing partnerships or merchant integration.
- Program Management Services: Delivers end-to-end administration for card programs, incorporating loyalty management, software-as-a-service or on-premises deployment, and compliance infrastructure. Serves over 150 client institutions managing more than 45 million payment cards across 40 countries.
Change Financial executive team
- Mr. Tony SheehanChief Executive Officer
- Mr. Arnold LeeChief Technology Officer
- Mr. Thomas RussellExecutive Director
- Ms. Jennifer MateerChief Commercial Officer
- Mr. John NicholsonVice President of Finance & Administration
- Mr. Nick RobertsChief Marketing Officer
- Ms. Akhila IyerHuman Resources Manager
- Mr. Richard ScownChief Architect
- Mr. Javier CarrilloHead of Development-LATAM
- Mr. Adam John Gallagher B.Econ., GDipACG., GDipIS., ICSA, M.Com., MAICDCompany Secretary