European payments giant eyes Cuscal’s Aussie customers

By George Lekakis, Senior Banking and Financial Services Correspondent

Luxembourg-based Banking Circle is preparing to challenge Cuscal’s dominance of payments outsourcing after local regulators approved its buyout of Australian Settlements Ltd.

Small businesses face massive trek when Bendigo closes last branch on Tasmania’s West Coast

By Michael Sainsbury, Senior Business Correspondent

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.

Quest and Coles payment terminal partnership

By Rachel St Clair, Reporter

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.

Westpac still spruiking special fee offer to new business customers even though it will be scrapped in a few weeks

By George Lekakis, Senior Banking and Financial Services Correspondent

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.

Government moves on payment reform with modernisation Bill

By Staff Reporter

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.

Coalition chaos over surcharge ban, card fees

By Michael Sainsbury, Senior Business Correspondent

With Treasury spokesman Ted O’Brien missing in action, mixed messages have come from coalition leadership on card payments and surcharging.

Fiserv sued over Clover move in US

By Rachel St Clair, Reporter

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.

Azupay partners with NAB on PayID Receivables

By Staff Reporter

NAB has launched its new PayID Receivables service with a little help from Sydney based Fintech Azupay.

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