- AI, Commentary, Featured
AI commerce won’t change payments much
Contributor Vibhu Arya explores the impact of AI and how much of a role it will play in the payments industry.
Europe's long-running push to reduce dependence on Visa and Mastercard is accelerating, with its A2A payments play Wero now boasting 50 million users, banks backing new infrastructure, a
NAB and Apex Group have deployed PayTo to cut superannuation payment processing from four days to one, as employers adjust to the demands of Payday Super.
A limited number of Macquarie's DEFT clients will keep accepting card payments until the end of January under transition deals conducted on its own rails.
Ubiquitous, domestically-owned, cheaper and faster, account-to-account (A2A) retail payments are booming in Malaysia, so why isn’t it taking off in Australia?
After months of engagement, Australian Payments Plus (AP+) is going live next month with an uplifted PayTo liability framework designed to better deal with fresh challenges created by scammers and AI.
Ahead of the interchange crunch on October 1, Commonwealth Bank (CBA) is extending rewards across everyday banking, allowing nine million customers to earn points on mortgages, savings, insurance and a new Discover premium card.
TRENDING STORIES ▸
Payments COMMENTARY ▸
Contributor Vibhu Arya explores the impact of AI and how much of a role it will play in the payments industry. ...
Ubiquitous, domestically-owned, cheaper and faster, account-to-account (A2A) retail payments are booming in Malaysia, so why isn’t it taking off in Australia? ...
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STAY UP-TO-DATE WITH THE LATEST PAYMENTS NEWS
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THE INTERCHANGE BENCH ▸
On The Interchange Bench this week, changes at Apple Pay in US and Australia, AUSTRAC shuts down Cryptolink ATMs, Faster taps Monoova for speed, Hello Clever names people chief, Craig ...
On The Interchange Bench this week, Brazil’s A2A network draws a tariff, a fake Matt Comyn offers us US $35 million in a Whatsapp scam, former RBA payments policy boss ...
A2A ▸
Europe's long-running push to reduce dependence on Visa and Mastercard is accelerating, with its A2A payments play Wero now boasting 50 million users, banks backing new infrastructure, a
NAB and Apex Group have deployed PayTo to cut superannuation payment processing from four days to one, as employers adjust to the demands of Payday Super.
Still in dispute resolution with other banks, Revolut hasn't answered PayDay News questions about its $3 million PayTo zombie fraud review, with inbound PayTo still switched off three
After months of engagement, Australian Payments Plus (AP+) is going live next month with an uplifted PayTo liability framework designed to better deal with fresh challenges created by
Ubiquitous, domestically-owned, cheaper and faster, account-to-account (A2A) retail payments are booming in Malaysia, so why isn’t it taking off in Australia?
CARDS ▸
Ahead of the interchange crunch on October 1, Commonwealth Bank (CBA) is extending rewards across everyday banking, allowing nine million customers to earn points on mortgages, savings, insurance
Visa's average credit card merchant fee reached 1.00% in the June quarter, the highest since the RBA began publishing fees by scheme, and up five basis points over
After pushing the Reserve Bank of Australia (RBA) to allow a surcharge ban, card schemes have already been ejected from Macquarie’s multi-billion dollar rent and strata payments portal
CBA modelling has put Amex and other three-party schemes as the biggest winners from the Oct. 1 interchange caps, as NAB, ANZ and Westpac cut rewards.
Just weeks after being slapped with a $35 million fine for failing to protect scam victims, HSBC's decision to exit Australian retail banking leaves thousands of credit card
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Topics: CASH ▸
The end of card surcharging on October 1 has merchants across Australia looking at ways to hand out and handle ...
The ACCC has granted ANZ, CBA, NAB and Westpac a second interim authorisation to start building their joint cash company, ...
Declared complete twice, nine months apart, the Independent Pricing Mechanism (IPM) for cash still hasn’t emerged despite the ACCC authorisation ...
Topics: BANKS ▸
Just days after posting a record profit, Commonwealth Bank has suffered a card processing error which saw some of its ...
Westpac New Zealand has passed $250 million in open banking payments as customer adoption accelerates, providing an early indication that ...
The Commonwealth Bank says escalating geopolitical tensions, cyber threats and artificial intelligence are transforming operational resilience from a compliance obligation ...
Topics: SCAMS & FRAUD ▸
pay.com.au and Tyro-owned Thriday have both warned customers about phishing emails after a third-party platform used to design and send ...
The Reserve Bank of Australia (RBA) has opened a major debate on the future of payments security but one issue ...
NAB has unveiled a new around-the-clock operations hub that brings together cyber, fraud, payments and security teams as Australian banks ...
PayDay News
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PayDay News is Australia’s leading independent payments publication. We give payments professionals, merchants and policymakers insights, commentary, analysis and data that they can’t afford to miss.
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