Fintech
Aug 12, 2025
Tyro Payments has gone into trading halt pending a further announcement expected by Thursday.
+2
Despite an RBA prompted inquiry into A2A and plenty of warnings from fintechs like Zepto and Volt, a lack of industry coordination or tough regulation looks set to keep BECS operating well beyond 2030.
A2A
+1
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Digital & Online
The federal court has ruled that Apple and Google’s app stores had no protections against anti-competitive behaviour.
Regulation
The ACCC prefers to do nothing when state and federal government agencies such as Transport for NSW enter deals that stifle competition in the payments industry.
Cash
The RBA released its retail payments data as at June 2025 on August 7, showing declines in in-store credit card spending and New Payments Platform (NPP) growth moderating.
Monoova has launched a new payments plugin for WooCommerce, enabling Account-to-Account (A2A) and traditional card payments.
Azupay has integrated passkeys across their PayTo payments to provide its customers with seamless payment experiences as well as an additional security layer, amidst growing concern in the advancement of fraud tactics.
atmwest is expanding its services into Australia’s larger cities and overseas - to the island nation of Mauritius.
Aug 5, 2025
NAB has launched its new PayID Receivables service with a little help from Sydney based Fintech Azupay.
+3
With Treasury spokesman Ted O’Brien missing in action, mixed messages have come from coalition leadership on card payments and surcharging.
Luxembourg-based Banking Circle is preparing to challenge Cuscal’s dominance of payments outsourcing after local regulators approved its buyout of Australian Settlements Ltd.
Fiserv is being sued in the US over the migration of its merchants to Clover and for allegations it misled investors about the point-of-sale’s platform growth.
Quest Payment Systems has partnered with Coles Group to update its payment terminal fleet across more than 2,000 supermarkets and liquor outlets in Australia.
More than 14 months after a government inquiry made a series of recommendations about regional branch closures, the only action has been a publicity stunt by the Australian Banking Association.
Westpac will slash the entitlements of business customers to free staff-assisted transaction services at the end of August. But that hasn’t stopped the bank from using the offer to lure new customers.
Jul 30, 2025
Assistant Treasurer, Dr Daniel Mulino, has introduced legislation that paves the way for the Government to tackle payments issues such as the dominance of Apple Pay on mobile and blended rates for card payments.
Jul 29, 2025
Fresh from its yet to be finalised deal with Luxembourg bank Banking Circle S.A, ASL is marching ahead with its product offerings, launching PayTo send capability this week enabling its customers access to “a fast, secure and efficient payment solution”.
Banks
A Westpac survey has revealed new data showing 4pm on Tuesday afternoons is when customers are most likely to fall prey to scammers.
The ACCC reiterated the vital role that cash plays in the Australian economy at a banking conference in Sydney last week, while the big banks celebrated the rise of digital payments.
The ACCC has sent a strong signal that the government is preparing to open payments competition on Apple iPhones, currently dominated by Apple Pay which has a stranglehold on the iPhone's NFC chip.
A FICO survey of bank risk executives has found that scams and mule accounts are the leading cybercrime threats banks face across the Asia Pacific region, while social media was identified as a key scam channel.
Free digital payments campaigner Jerome Laxale MP is returning to the Standing Committee on Economics, alongside the new Chair and former Industry and Science Minister, Ed Husic.
Gumtree Australia has partnered with PayPal to offer PayPal Pay in 4 to its customers through their new payment platform called Gumtree Pay.
The Reserve Bank’s inaction on blended rate plans and its unwillingness to strengthen collective bargaining with banks have narrowed strategic options for small businesses.
+5
With increasing complexity around digital payments, a new breed of payments consultant is emerging in Australia focusing on niche specialisations to help businesses meet new challenges.
Australian payments provider Tyro is partnering with Belgian business management software outfit Odoo to provide an all-in-one payment experience for small businesses and their customers in Australia.
