FEATURED
Cash
+2
Jun 10, 2026
Big four move to outfox Armaguard at arm's length
ANZ, CBA, NAB and Westpac have asked the ACCC for authorisation to run cash distribution through a jointly owned company that replaces Westpac as the Reserve Bank's licence holder, spreads the banknote liability 25% each, and keeps Armaguard at arm's length.
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TRENDING
Featured
+5
Jun 10, 2026
The RBA hasn't banned surcharges — and the difference matters
Misunderstanding the scope of the Reserve Bank of Australia’s change of position will cost merchants real money and acquirers real customers — and that's a surcharge nobody agreed to.
Featured
+2
Jun 10, 2026
No concessions as Melbourne turns on $2B tap transit tech and Sydney moves on
A “successful trial” of standard tap and go transit payments tech in Melbourne will finally see the service expand over the coming week - just as Sydney rapidly moves to the next generation which includes concession ticket-holders such as kids, pensioners and people with disabilities.
Featured
+1
Jun 10, 2026
Roundtable missive a masterclass in A2A opacity
The latest communication from the A2A roundtable said almost nothing new - a textbook case of transparency opacity from Australian Payments Plus, AusPayNet, Treasury and the Reserve Bank as they struggle to find something to say to an anxious industry awaiting progress on the A2A Vision and Roadmap.
Featured
+1
Jun 10, 2026
The Interchange Bench
On The Interchange Bench this week, Tyro is partnering with REMIRA whilst reportedly being up for sale again, GoCardless farewells Boyd and gets a restructure shake up, Vivi uses AI to initiate an NPP transaction, Hunter joins Qantas loyalty, and Mastercard reorganises for fintech growth.
Fintech
+1
Jun 10, 2026
Volt and Trade Nation launch real-time payments for Australian traders, starting a global partnership
Kicking off a global launch in Australia with PayID, a partnership between Volt, Trade Nation and Praxis promises to bring A2A capabilities through a single integration to trading clients.
Featured
+3
Jun 10, 2026
eftpos moves first on “no surcharge” rule but may face resurgence of terminal service fees
eftpos owner Australian Payments Plus (AP+) plugs least cost routing as merchants prepare to swallow billions in fees and questions swirl about policing “no surcharge” rules and a potential resurgence of terminal service fees.
Cash
+2
Jun 3, 2026
Cards remain top of the charts but is cash making a comeback?
The Reserve Bank has released the results of the 2025 Consumer Payments survey, showing that cards remain king, account-to-account adoption remains slow, and cash might be making a resurgence.
Banks
+1
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.
Fintech
+3
Jun 3, 2026
Fiserv doubles down - bans its merchants from recovering fees from all networks and international tourists
While the Reserve Bank of Australia (RBA) and ACCC have only talked about surcharge restrictions for Visa, Mastercard and eftpos, US payments giant Fiserv’s Australian operation is going the whole hog - banning its unwitting merchant customers from surcharging everything from Amex, China Union Pay and Discover.
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.
Fintech
+1
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.
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
+2
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.
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.
