CHOICE: banks not doing their bit to stop financial elder abuse
A CHOICE report has found that most banks aren’t complying with their own industry code of practice to stop elder financial abuse - costing vulnerable people several billions of dollars a year.
Banks
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Revolut introduces PayTo for Australian customers
Revolut says its has found a simpler solution for its customers paying pesky utility bills and online subscriptions. With PayTo, consumers can now view, pause or cancel recurring payment agreements within their app.
Fintech
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Macquarie wields PayID in catch up rental payments
By launching PayID on DEFT, Macquarie Bank is matching CBA and RentPay on real time payments – strengthening its ongoing campaign to dominate the $85bn-a-year rental payments market.
A2A
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Lessn rewards growth with new investment round
Australian B2B payments platform Lessn has celebrated surpassing $100 million transacted on its platform within its first year of operations, as it enters a new investment round.
Fintech
+2
