PayDay News Apr 17

Payments sector shake up looming ahead of RBA findings

By Michael Sainsbury, Senior Business Correspondent

Australia's payments sector is bracing for significant upheaval ahead of regulatory change this year, with market consolidation and cashed up new entrants set to reshape the landscape.

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Monoova powers international money transfers with Remitly via PayTo

By Staff Reporter

Aussie Fintech Monoova has partnered with Remitly Global to enable international money transfers from Australia through Australian Payments Plus’ PayTo network, with an initial focus on international students.

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Fiserv buys Pinch Payments and Glassbox

By Staff Reporter

Fiserv has acquired Aussie payments outfit Pinch Payments, including its Payment Facilitator (Payfac) management platform, Glassbox.

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Tyro’s aged care solution wants partners

By Staff Reporter

Tyro wants to collaborate with aged care providers to ensure they’re ready to support complex new claiming and payment processes coming into effect for aged care providers in July this year.

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Easter warning on SME scams

By Staff Reporter 

Small businesses should take extra caution during the upcoming Easter break as there is often a spike in scams throughout busy holiday periods, the Commonwealth Bank has warned.

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