FEATURED
Cards
+1
Jun 3, 2026
Fixes emerge for corporate card tax-invoice nightmare
Corporate card statements have never been the easy answers to GST compliance but Visa and Peppol have cracked solutions that could save businesses thousands of wasted hours in administration and mountains of paperwork – not to mention lucrative new revenue streams for the winners.
THE LATEST
Fintech
+4
Jun 3, 2026
Fiserv doubles down - bans its merchants from recovering fees from all networks and international tourists
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TRENDING
Featured
+2
Jun 3, 2026
Credit cards and international transactions spur bank fee boom ... but it could get worse come October
If warnings from Australian Banking Association (ABA) CEO Simon Birmingham are anything to go by, Australia’s growing bank fee bill is about to get even bigger.
Featured
+2
Jun 3, 2026
CBA sounds the bell on AI job losses but are payments functions on the block?
So far most Australian institutions have been reluctant to identify AI replacing jobs but the evidence from offshore on fraud, AML, compliance and back office staff is clear. The nation’s biggest payments player - Commonwealth Bank - is leading the AI charge locally, in the footsteps of global counterparts like HSBC, Citi, JP Morgan, Visa, Mastercard, PayPal and Block.
Featured
+3
Jun 3, 2026
Worldline stays in the frame after finalising divestment of Paymark to Cuscal
Worldline has finalised the divestment of New Zealand’s iconic EFTPOS player, Paymark, to Cuscal for $27.5 million ... but the troubled European payments services business will continue to provide tech and software to Cuscal during a transition phase.
Featured
+2
Jun 3, 2026
Tyro to fire up banking licence with new hire
Tyro has held a full banking licence since 2015, the first Australian tech company to get one. For most of the years since, it's barely used it. A new job ad, posted by a new CEO with a battered share price, is the clearest signal yet that the quietest asset on Tyro's balance sheet is about to be asked to earn its keep.
Fintech
+1
Jun 3, 2026
Sydney fintech 6GPI goes after massive SNAP food stamp market in the US, while Zepto offers help to NDIS
Respected solutions architect Dave Pike has walked away from ANZ to set up a fintech that aims to take on fraud in the US$100 billion SNAP food stamp payments market in the US.
Banks
+1
Jun 3, 2026
Westpac data reveals rapid uptake in AI subscriptions
Westpac customers alone are paying $5.6 million a month on AI tools, according to the bank’s new payments data.
Fintech
+1
May 27, 2026
Afterpay’s stadium deal signals an aggressive return to the market, with Square by its side
After cutting its local workforce and settling into Australia’s new Buy Now Pay Later regulatory regime, Afterpay is fighting for a bigger slice of the market with a massive stadium sponsorship, going toe to toe with PayPal and the banks.
Fintech
+2
May 27, 2026
AP+ compliance breaches shrouded in secrecy as incident concerns rise
A published "naughty list" of NPP breaches fails to properly name the companies responsible or the penalties applied, despite increasing concern about recent incidents like the $3 million social media fraud scheme that forced fintech Revolut to suspend its PayTo service.
Fintech
+1
May 27, 2026
Fintechs scraping bank screens are running out of road: SISS
Australia's screen scraping era is winding down. Banks are layering on multifactor authentication, the Consumer Data Right (CDR) is finally usable at scale, and consumers are twitchy about handing over their internet banking passwords.
Fintech
+1
May 27, 2026
From Block HQ, ASIC challenges payments fintechs to step up innovation and lending competition
ASIC is preparing a pathway for payments fintechs and platforms like Stripe, Block, PayPal and Tyro to ramp up competition with banks in the increasingly hot business lending market and Buy Now Pay Later.
Banks
+1
May 27, 2026
Visa ascendent in business card market as Westpac switches
Westpac moves new customers to Visa’s B2B ecosystem as the softer mortgage market focuses major banks even more intensely on business lending.
Fintech
+1
May 27, 2026
Zii quietly enters the UK PSP market
Aussie PSP Zii has opened up shop the UK with little fanfare, joining Zeller in its pursuit of greener pastures in the British Isles.
Fintech
+1
May 26, 2026
Box seats for A2A faithful as AP+ opens the kimono at PSP forum
A large group of account to account (A2A) fintechs including Azupay, Bolt Group, Constantinople, DSPANZ, Fat Zebra, Flash Payments, Fusion Pay, Global Payments, GoCardless, Linkly, Merchant Warrior, Monoova, Ozedi, Paydock, Paypa Plane and Stripe have been given a front row seat on development of the New Payments Platform as the debate over its vision and roadmap intensifies.
Cash
+3
May 20, 2026
Bank flags help catch smoke crooks, as Tyro cuts tobacco list by 30%
Bank reporting of illegal tobacco to AUSTRAC is ramping up and starting to have real world impacts, with suspect funds being confiscated after accounts were flagged by ANZ and Westpac. But there is a lot more to be done ... stores remain open and the trade continues to shift online, as illicit alcohol looms as the next big underworld threat.
Banks
+1
May 20, 2026
Budget plan to share tax data could reduce mortgage fraud
ATO data shared via the Consumer Data Right may not just speed up rental and loan applications, but also help the banks fight their $3 billion mortgage fraud problem.
Banks
+1
May 20, 2026
Business credit is where the action (and interchange) is
Commonwealth Bank’s quarterly results show what is becoming a familiar pattern of business lending growth amongst the big bank card issuers, after NAB and Westpac also showed big spikes.
Cash
+2
May 20, 2026
Business groups seek urgent guidance on non-card discount rules
As the surcharge ban looms, industry groups are predicting the return of cash discounts and the introduction of benefits for account-to-account payments for online transactions - but what are the rules?
Fintech
+1
May 20, 2026
CGT reform fears spark fintech founder backlash over innovation exodus
Australia’s fintech sector has warned proposed capital gains tax reforms could cripple startup investment, weaken employee equity incentives and push founders, talent and capital offshore just as global competition for technology innovation intensifies.
Fintech
+2
May 20, 2026
Cuscal and Tyro – A tale of two cities
Perception is everything in the financial markets and right now investors like Cuscal but have serious doubts about Tyro’s future, creating a mammoth task for CEO Nigel Lee to re-establish confidence.
