Banks
+1
Jul 8, 2025
Struggling merchant payments provider ANZ Worldline Payment Solutions posted a record loss of $68.9 million in the 12 months to the end of December.
Merchant Service Fees
+3
With its future under the cloud of a languishing share price, US rivals looking to Australia for acquisitions, and the RBA set to up end its business model, Tyro is vowing to go it alone.
Fintech
+2
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Visa has started informing clients about two upcoming scheme fee hikes, PayDay News understands.
A2A
Australian Payments Plus has been running a new PayTo ad campaign, highlighting the digital payment alternative as a new secure way to pay directly from your bank account using a PayID, or BSB and account number.
Digital & Online
ANZ started to turn off a service which was designed to help customers with bill payments and notifications via BPAY, just days after its new CEO, Nuno Mato, took charge.
Cash
Credit card spending just hit a two-year high, but the real story isn't about consumers. It's about businesses on the brink.
After a spate of incidents involving fake cash, Tasmania and Queensland police have issued warnings about counterfeit $100 and $50 notes.
Visa and Mastercard's interchange fees infringe competition law, a London tribunal has ruled in the latest round of the ongoing legal battle.
Three fintechs have teamed up to help Aussie businesses stay ahead of regulatory change in payroll and superannuation.
Jul 1, 2025
A new name-matching service designed to help protect customers from being tricked into sending money to criminals was launched today.
In the race for digital-savvy bank executives and AI investment, NAB has pre-announced the appointment of Lloyds Banking Group and former CBA executive Pete Steel to focus on its digital and AI operations, including the “design and customer onboarding” of its digital bank, ubank.
Peter Barrass is one of ANZ’s most successful technology executives after he engineered an overhaul of the group’s institutional payments arm. The bank has now tapped him to join the board of its ailing merchant payments joint venture with Worldline.
CBA is the latest bank to announce AI remedies to scams, this time using a fleet of thousands of fake Aussie consumers to keep scammers busy and disrupt their operations.
Supermarket giant Coles is preparing to ramp-up promotion of Coles Pay as its new digital wallet, marking a strategic shift in its digital payment offerings.
