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Regulation

+1

Jury still out on moving Government payments to NPP, says RBA

Feb 11, 2026

Jury still out on moving Government payments to NPP, says RBA

LockSimple

The industry has its work cut out to convince the Reserve Bank to move critical Government payments to the New Payments Platform (NPP), with Governor Michele Bullock saying she’s not yet convinced about the benefits.

Fintech

+1

Banks to exit acquiring says Tyro’s new boss as he takes on new COO

Feb 11, 2026

Banks to exit acquiring says Tyro’s new boss as he takes on new COO

LockSimple

“I think that we'll see the quiet movement of banks exiting the end state merchant touch points,” says Tyro CEO Nigel Lee as he doubles down on backend services and hires a new COO to drive scale.

THE LATEST


Merchant Service Fees

+2

“Card tricks” keeping SME fees high, says IPF
LockSimple

Feb 11, 2026

“Card tricks” keeping SME fees high, says IPF

Fintech

+2

Shift4 quietly consolidates two Aussie shops and squeezes Cuscal costs
LockSimple

Feb 11, 2026

Shift4 quietly consolidates two Aussie shops and squeezes Cuscal costs

The Interchange Bench

The Interchange Bench
LockSimple

Feb 11, 2026

The Interchange Bench

Regulation

+1

Expiring certificates crashed RBA batch settlements
LockSimple

Feb 11, 2026

Expiring certificates crashed RBA batch settlements

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TRENDING


Regulation

+2

AUSTRAC clamps down on crypto with three cancellations
LockSimple

Feb 11, 2026

AUSTRAC clamps down on crypto with three cancellations

Australia’s AML and financial crime regulator, the Australian Transaction Reports and Analysis Centre (AUSTRAC), last week cancelled the registration of three separate crypto firms.

Fintech

+2

Revolut expands Australian platform push as it claims one million users
LockSimple

Feb 11, 2026

Revolut expands Australian platform push as it claims one million users

Revolut has flagged plans to invest nearly $400 million in Australia as it comes under the shadow of local and overseas regulatory scrutiny.

Digital & Online

+1

Cloud play to speed up NPP onboarding
LockSimple

Feb 11, 2026

Cloud play to speed up NPP onboarding

Australian Payments Plus (AP+) hopes to reduce costs and speed up connections to the New Payments Platform (NPP) by enabling participants to integrate their back office via public cloud providers.

Banks

+1

CBA report: how it’s approaching AI
LockSimple

Feb 11, 2026

CBA report: how it’s approaching AI

The Commonwealth Bank (CBA) has released a report outlining how it envisions, develops, deploys and manages Artificial Intelligence (AI) at an organisational level with a focus on responsible practices.

Fintech

+1

Corpay Cross-Border extends partnership with Rugby Australia
LockSimple

Feb 11, 2026

Corpay Cross-Border extends partnership with Rugby Australia

Corpay’s Cross-Border business is extending a collaboration with Rugby Australia as the foreign exchange (FX) payments partner.

Cash

+3

Alan Townsend appointed CEO of EFTEX
LockSimple

Feb 4, 2026

Alan Townsend appointed CEO of EFTEX

Australian-based payments services provider EFTEX has announced Alan Townsend as their new Chief Executive Officer.

A2A

+2

AP+ scales up cybersecurity defences
LockSimple

Feb 4, 2026

AP+ scales up cybersecurity defences

Australian Payments Plus (AP+) is bulking up its cyber security and fraud capabilities across its critical infrastructure, as Australia comes under increasing threat from bad actors.

Digital & Online

+1

ATO reprieve! Rules relaxed for payday super’s complex first year
LockSimple

Feb 4, 2026

ATO reprieve! Rules relaxed for payday super’s complex first year

The ATO has relaxed its compliance requirements for the introduction of payday super on 1 July, recognising the complexity of implementation for some employers.

Digital & Online

+2

Australia’s near $1 billion card fraud problem sees only slight decline
LockSimple

Feb 4, 2026

Australia’s near $1 billion card fraud problem sees only slight decline

Despite significant industry action to reduce card fraud, the endemic problem is still costing Australia more than $850 million a year – mainly due to criminal activity on overseas websites, according to the latest AusPayNet data.

Fintech

+1

Binance deposits play unplugged
LockSimple

Feb 4, 2026

Binance deposits play unplugged

Just two weeks after embattled crypto exchange Binance re-launched direct dollar deposits and withdrawals via PayID and bank transfers in the Australian market, the service appears to have been switched off.

Fintech

+2

Growing pains. Square wants scheme regulation as it expands market focus
LockSimple

Feb 4, 2026

Growing pains. Square wants scheme regulation as it expands market focus

The US-based group is celebrating 10 years in the Australian market and says more regulation is needed on card schemes as it shifts gears to chase bigger merchants.

Fintech

+1

LemFi aims for booming Australian remittance market
LockSimple

Feb 4, 2026

LemFi aims for booming Australian remittance market

LemFi is launching remittance services to Australian residents – firmly targeting what it says is one of the world’s fastest-growing and most important outbound remittance markets, worth $56.6 billion.

AI

+1

Mastercard rollout shows AI shopping has reached the checkout
LockSimple

Feb 4, 2026

Mastercard rollout shows AI shopping has reached the checkout

The card schemes are racing to embed themselves in the surging AI shopping universe, with multiple players scrambling to reap fees and other benefits from a new payments ecosystem.

Digital & Online

+2

RBA outage delays some payments for four days
LockSimple

Feb 4, 2026

RBA outage delays some payments for four days

Pays were late and property settlements delayed after a 7 hour Reserve Bank outage last week caused flow-on impacts across the industry for up to four days.

Regulation

+1

Show me the money! Supermarket rewards face new disclosures
LockSimple

Feb 4, 2026

Show me the money! Supermarket rewards face new disclosures

Loyalty programs at Woolworths and Coles could be subject to additional regulation, forcing the grocery giants to explain the monetary value of rewards points every six months.

The Interchange Bench

The Interchange Bench
LockSimple

Feb 4, 2026

The Interchange Bench

On The Interchange Bench this week Moxey blessed with growth at Tyro, Guidepoint looks for Airwallex answers, ShopBack considers ASX, cashless AML drama at The Australian Open, BeforePay disappoints the market and Bartholomew to front an all star cast at Beyond Tomorrow.

Fintech

+2

AUSTRAC audit clouds Airwallex IPO and highlights cross-border regulatory risk
LockSimple

Jan 28, 2026

AUSTRAC audit clouds Airwallex IPO and highlights cross-border regulatory risk

The planned float of Australian fintech Airwallex has been thrown into doubt after AUSTRAC ordered an independent audit over concerns its payments systems may be failing to detect serious financial crime, including child sexual exploitation — sharpening investor focus on governance and bank relationships.

Fintech

+1

Banking Circle zeros in on fintech with NPP commitment
LockSimple

Jan 28, 2026

Banking Circle zeros in on fintech with NPP commitment

New-look Banking Circle Australia is bolstering its fintech play to compete directly with Cuscal - firmly backing in its commitment to the New Payments Platform (NPP), including cross-border payments.

Banks

+1

NAB scam warning: social media & high-profile Aussies
LockSimple

Jan 28, 2026

NAB scam warning: social media & high-profile Aussies

Criminals impersonating well-known Australians - including nabtrade market analyst Tom Piotrowski - are increasingly using social media to lure people into investment scams and rip them off, according to NAB.

Fintech

+1

Now processing $3.7 trillion - Global Payments acquires Worldpay
LockSimple

Jan 28, 2026

Now processing $3.7 trillion - Global Payments acquires Worldpay

Global Payments is the new payments behemoth – emerging from its integration with Worldpay processing a combined 94 billion transactions a year.

A2A

NPP upgrades for growth despite BECS hurdles
LockSimple

Jan 28, 2026

NPP upgrades for growth despite BECS hurdles

While the BECS transition has hit some hurdles, the New Payments Platform (NPP) is getting ready for its next growth phase, with a capacity uplift and message updates designed to steer more traffic to the platform.

The Interchange Bench

The Interchange Bench
LockSimple

Jan 28, 2026

The Interchange Bench

On The Interchange Bench this week John Edgar moves to Stripe, atmx teams up with NSA, AP+’s annual powwow begins to take shape, Banking Circle Australia takes on a new CFO, and Scott Wilson heads back to Visa.

Government

+1

Victoria’s $1.7B late open loop transport finally ... in testing!
LockSimple

Jan 28, 2026

Victoria’s $1.7B late open loop transport finally ... in testing!

After three long years, delays, overruns and a $1.7 billion spend, Victorians are finally a step closer to “testing” their credit and debit cards on public transport – but it’s going to a be a slow rollout.

Merchant Service Fees

+2

Will American Express cop more regulation?
LockSimple

Jan 28, 2026

Will American Express cop more regulation?

The combination of the RBA review into card fees and the House inquiry into credit cards and digital payments have increased calls to beef up the regulation of American Express in Australia.

Fintech

+1

Azupay PayID option now available to Scoot customers
LockSimple

Jan 21, 2026

Azupay PayID option now available to Scoot customers

Australian payments tech Azupay has partnered with Singapore Airline’s low-cost subsidiary Scoot, allowing Australian customers to access PayID as a new payment option for account-to-account transactions at checkout.

Digital & Online

+2

B2B virtual cards – risk tool and growth engine
LockSimple

Jan 21, 2026

B2B virtual cards – risk tool and growth engine

The inherent risks associated with the booming digital economy have birthed a fast growing, lucrative and almost invisible payments ecosystem in business to business (B2B) virtual card payments and AI tools.

Merchant Service Fees

+2

Cashflow crisis - small business faces finance double whammy on July 1
LockSimple

Jan 21, 2026

Cashflow crisis - small business faces finance double whammy on July 1

There are growing calls from small business groups for delays, carve outs and more comprehensive regulatory reform as new rules for super and surcharging threaten an already precarious economic environment for the sector.

Digital & Online

“Corrective action” - grip tightens on gaming and dodgy payments
LockSimple

Jan 21, 2026

“Corrective action” - grip tightens on gaming and dodgy payments

Fresh moves in New Zealand to launch regulated online gaming in 2026 have spun the spotlight back on Australia’s networks, with Australian Payments Plus (AP+) taking tough “corrective action” to stop unlawful activity on NPP.

Fintech

Lyndall Rose and Shane Fryer join Monoova executive
LockSimple

Jan 21, 2026

Lyndall Rose and Shane Fryer join Monoova executive

Monoova has topped up its executive team with new talent, bringing in ex-Police Bank CIO Lyndall Rose as Chief Operating Officer, and former ANZ Worldline compliance boss, Shane Fryer as Chief Risk Officer.

Digital & Online

+1

Macquarie tackles payment queries with AI ‘Q’
LockSimple

Jan 21, 2026

Macquarie tackles payment queries with AI ‘Q’

Macquarie Bank says its new AI customer service agent Q has the ability to answer commonly asked payments questions.

The Interchange Bench

Regulators focus on Apple Pay, AP+ resources up, Airwallex seeks praise and NZ finds its own rewards
LockSimple

Jan 21, 2026

Regulators focus on Apple Pay, AP+ resources up, Airwallex seeks praise and NZ finds its own rewards

On The Interchange Bench this week, Apple Pay faces a big year with Aussie regulators, AP+ resources up for its roadmap, Airwallex looks for influence in all the wrong places, New Zealand finds rewards relief with less interchange and Fredericks jumps to Visa.

Fintech

+3

Square using machine learning and AI to cut off illicit tobacco
LockSimple

Jan 21, 2026

Square using machine learning and AI to cut off illicit tobacco

While a group of payments providers are actively working to help stop criminals, others appear to be sanguine, with well-known terminal providers still very visible in illegal tobacco and vape stores.

Fintech

+1

Teething issues as embattled Binance bounces back with PayID via Bano
LockSimple

Jan 21, 2026

Teething issues as embattled Binance bounces back with PayID via Bano

Embattled crypto exchange Binance Australia is again offering direct Australian dollar deposits and withdrawals via PayID and bank transfers - but customers say there are teething issues.


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