The Commonwealth Bank says escalating geopolitical tensions, cyber threats and artificial intelligence are transforming operational resilience from a compliance obligation into a competitive advantage for financial institutions and
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
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?
Australia's real-time payments future is moving deeper into detailed deliberations about roadmap development, with customers still waiting to join the official conversation and regulators keep close watch.
Three reforms are converging to strengthen PayTo, delivering stronger consumer protections, clearer fraud liability and greater confidence in account-to-account payments as merchants search for trusted, low-cost alternatives to
Payday Super hands AP+ the NPP volumes it has long chased
Payday Super hands AP+ the NPP volumes it has long chased

Payday Super hands AP+ the NPP volumes it has long chased

Six weeks into Payday Super, MYOB data shows payroll rhythms changed faster than expected, handing Australian Payments Plus fresh New Payments Platform volume while the risk shifts to super fund connectivity.
Banktech, Next Payments ride cash wave as no surcharge bill shock looms
Banktech, Next Payments ride cash wave as no surcharge bill shock looms

Banktech, Next Payments ride cash wave as no surcharge bill shock looms

The end of card surcharging on October 1 has merchants across Australia looking at ways to hand out and handle more cash.
PAYDAY NEWS ANNIVERSARY EDITION
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TRENDING STORIES ▸

The Interchange Bench

Payments COMMENTARY ▸
What can we learn from Malaysia on A2A retail?
What can we learn from Malaysia on A2A retail?

What can we learn from Malaysia on A2A retail?

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? ...
Reforms converge to reshape PayTo protections as demand for card alternative grows
Reforms converge to reshape PayTo protections as demand for card alternative grows

Reforms converge to reshape PayTo protections as demand for card alternative grows

Three reforms are converging to strengthen PayTo, delivering stronger consumer protections, clearer fraud liability and greater confidence in account-to-account payments as merchants search for trusted, low-cost alternatives to cards. ...
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THE INTERCHANGE BENCH ▸
The Interchange Bench
The Interchange Bench

The Interchange Bench

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 ...
The Interchange Bench
The Interchange Bench

The Interchange Bench

On The Interchange Bench this week, Bolt returns to the spotlight with Visa and Intersekt despite Federal Court setback, Bo completes Mastercard Asia Pacific reshuffle, Lam doubles down on AP+ ...
A2A ▸
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?
Australia's real-time payments future is moving deeper into detailed deliberations about roadmap development, with customers still waiting to join the official conversation and regulators keep close watch.
Three reforms are converging to strengthen PayTo, delivering stronger consumer protections, clearer fraud liability and greater confidence in account-to-account payments as merchants search for trusted, low-cost alternatives to
Australian Payments Plus has removed the target date for its planned New Payments Platform cloud migration after delivery partner concerns over technical dependencies, while confirming progress across Confirmation
Unlike Australia, where the private sector runs the distributed real-time NPP network, New Zealand's central bank has taken control, but a long-promised business case, now more than a
CARDS ▸
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
Better late than never. Victorians and visitors to the Garden State no longer need to struggle with myki. From this week, you can tap your credit and debit
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Topics: CASH ▸
Banktech, Next Payments ride cash wave as no surcharge bill shock looms
Banktech, Next Payments ride cash wave as no surcharge bill shock looms
Banktech, Next Payments ride cash wave as no surcharge bill shock looms
The end of card surcharging on October 1 has merchants across Australia looking at ways to hand out and handle ...
ACCC shines spotlight on Big 4 cash JV pricing, benchmarked to Westpac
ACCC shines spotlight on Big 4 cash JV pricing, benchmarked to Westpac
ACCC shines spotlight on Big 4 cash JV pricing, benchmarked to Westpac
The ACCC has granted ANZ, CBA, NAB and Westpac a second interim authorisation to start building their joint cash company, ...
Finished twice, never lodged: the cash pricing model on ice as it outlives its own permission slip
Finished twice, never lodged: the cash pricing model on ice as it outlives its own permission slip
Finished twice, never lodged: the cash pricing model on ice as it outlives its own permission slip
Declared complete twice, nine months apart, the Independent Pricing Mechanism (IPM) for cash still hasn’t emerged despite the ACCC authorisation ...
Topics: BANKS ▸
CBA says payments resilience now a competitive advantage as geopolitical risks grow
CBA says payments resilience now a competitive advantage as geopolitical risks grow
CBA says payments resilience now a competitive advantage as geopolitical risks grow
The Commonwealth Bank says escalating geopolitical tensions, cyber threats and artificial intelligence are transforming operational resilience from a compliance obligation ...
Karen Last takes the wheel at ANZ acquiring as Worldline exits
Karen Last takes the wheel at ANZ acquiring as Worldline exits
Karen Last takes the wheel at ANZ acquiring as Worldline exits
ANZ has completed its acquisition of Worldline's majority stake in ANZ Worldline, installing payments executive Karen Last to lead merchant ...
Westpac joins bank rivals to ramp up support for family violence victims
Westpac joins bank rivals to ramp up support for family violence victims
Westpac joins bank rivals to ramp up support for family violence victims
Westpac has joined the rest of the Big 4 in partnering with the One Stop One Story Hub, linking vulnerable ...
Topics: SCAMS & FRAUD ▸
Thriday, pay.com.au hit by mirror email platform breaches
Thriday, pay.com.au hit by mirror email platform breaches
Thriday, pay.com.au hit by mirror email platform breaches
pay.com.au and Tyro-owned Thriday have both warned customers about phishing emails after a third-party platform used to design and send ...
RBA tackles fraud complexity, but what about “friendly fraud”, chargebacks and fees?
RBA tackles fraud complexity, but what about “friendly fraud”, chargebacks and fees?
RBA tackles fraud complexity, but what about “friendly fraud”, chargebacks and fees?
The Reserve Bank of Australia (RBA) has opened a major debate on the future of payments security but one issue ...
NAB launches Nexus hub as cyber threats surge
NAB launches Nexus hub as cyber threats surge
NAB launches Nexus hub as cyber threats surge
NAB has unveiled a new around-the-clock operations hub that brings together cyber, fraud, payments and security teams as Australian banks ...
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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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