CBA is pushing the benefits of virtual credit cards for supplier payments as commercial cards retain 0.8% interchange, the maximum domestic credit card rate under the RBA’s new
Co-operative Bank, Commonwealth Bank’s ASB and TSB have been penalised NZ$11.7 million for AML failures, exposing gaps in transaction monitoring, investigations and the response to known problems.
CBA, NAB, Westpac and ANZ Worldline have published fee averages, but the RBA’s transparency reforms leave Australia’s small businesses and merchants without a complete picture of card payment
Labour has picked the same deadline for kiwi real time as the abandoned BECS switch off date in Australia, while the nation’s parties remain split on card surcharges
In an exclusive interview with PayDay News, Monoova’s CEO Bianca Bates said she wants faster progress and certainty on the NPP as she targets new markets with simpler
New Anti-Money Laundering/Counter Terrorism Financing laws have slowed Australian Cryptocurrency transaction times from seconds to “almost an hour,” exchanges are claiming.
NAB’s real time payments implementation and automated reconciliation has helped Australia’s biggest super fund - AustralianSuper - process more transactions while lowering exception rates following the introduction of Payday Super.
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TRENDING STORIES ▸
Payments COMMENTARY ▸
Zepto, Monoova, Azupay, Paypa Plane, Airwallex, Adyen, Pyng and Banking Circle see A2A opportunities, but roadmap delays, access barriers and unresolved customer protections threaten progress as the true cost of ...
Visa, Mastercard and American Express earned US$14.3 billion in the September quarter, as Visa deepened big four ties and their combined market value approached eight CBAs. ...
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THE INTERCHANGE BENCH ▸
This week on The Interchange Bench Coles shoppers turn to Flybuys, Bullock’s coffee pitch meets rising cafe prices, six Cuscal nominees for Women in Payments Awards, Cannon leads Revolut Business’s ...
On The Interchange Bench NAB expands Shane Conway’s role, ex-Coles payments boss Paul Askew joins Archa, RBA appoints risk chief, schools ditch credit cards, Monoova seeks legal chief, Zip shares ...
A2A ▸
Labour has picked the same deadline for kiwi real time as the abandoned BECS switch off date in Australia, while the nation’s parties remain split on card surcharges
In an exclusive interview with PayDay News, Monoova’s CEO Bianca Bates said she wants faster progress and certainty on the NPP as she targets new markets with simpler
As participants struggle to reach consensus, AusPayNet and AP+ could gain six more months for A2A planning as some customers join talks today and public consultation on a
Goldenbet’s Australian-focused PayID promotion raises questions about payment oversight, as banks prepare for new obligations to block illegal gambling transfers and regulators warn of scams exploiting the familiar
With Stripe also connecting to NPP via Zepto, online payments groups will be challenged by crypto companies for a slice of a low-cost acceptance market Visa and Mastercard
CARDS ▸
While the Finance Minister tried to dodge chaos around the credit card surcharge ban, Tax Commissioner Rob Heferen detailed failed talks with the RBA and card companies, as
CBA is pushing the benefits of virtual credit cards for supplier payments as commercial cards retain 0.8% interchange, the maximum domestic credit card rate under the RBA’s new
Visa, Mastercard and American Express earned US$14.3 billion in the September quarter, as Visa deepened big four ties and their combined market value approached eight CBAs.
There's a new force in POS, with Hong Kong-founded KPay signing more than 4,000 Australian businesses in a hotly contested market dominated by the likes of Square, Tyro,
Amid the controversy in Australia regarding CTF/AML compliance laws for subsidiary Bano, Australian banking as a service (BaaS) fintech Bolt Group is now issuing cards in Hong Kong
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Topics: CASH ▸
With the schemes’ surcharge ban well underway, many are looking to cash as a potential substitute. APRA’s new points of ...
After paying no tax in FY25, Linfox Armaguard’s proposed new cash pricing would treat new and existing customers differently, as ...
A narrow cash mandate, retail exemptions and separate plans for distribution, ATMs and banking hubs, have left the door wide ...
Topics: BANKS ▸
Westpac is advancing Westpac One and PayID Biller as Payday Super volumes surge, while warning of A2A fraud risks and ...
While NAB says consumer spend remained solid in September in Australia, consumer confidence has fallen and our Kiwi cousins experienced ...
Annual reports are usually dry affairs, conjuring visions of cardigans and dull corporate phrases. So, it is refreshing to see ...
Topics: SCAMS & FRAUD ▸
Australia’s Scams Prevention Framework is a step in the right direction to curb scam losses and protect people but, in ...
Online contact accounted for two-thirds of scam reports involving financial loss among people with disabilities in 2025, prompting warnings from ...
Banks face scrutiny of artificial intelligence, scam prevention, offset accounts and customer service as ASIC outlines its priorities, including checks ...
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Fintechs chase A2A growth as delays threaten payments reform and card costs bite