Authentic Security gets ACCO status, whilst Armaguard gets another lifeline

Gabby Taylor
Reporter
16 Jul, 2025
Authentic Security has confirmed its status as an Approved Cash Centre Operator (ACCO) after it was given the green light by the Reserve Bank on July 1st. The announcement coincides with Armaguard being awarded another $25 million lifeline.
Authentic Security gets ACCO status, whilst Armaguard gets another lifeline

Authentic Security has confirmed its status as an Approved Cash Centre Operator (ACCO) after it was given the green light by the Reserve Bank on July 1st. The announcement coincides with Armaguard being awarded another $25 million lifeline.

Subscriber article

This article is available to PayDay News subscribers.

trending

Visa's average credit card merchant fee reached 1.00% in the June quarter, the highest since the RBA began publishing fees by scheme, and up five basis points over
The end of card surcharging on October 1 has merchants across Australia looking at ways to hand out and handle more cash.
On The Interchange Bench this week, Brazil’s A2A network draws a tariff, a fake Matt Comyn offers us US $35 million in a Whatsapp scam, former RBA payments
The Commonwealth Bank says escalating geopolitical tensions, cyber threats and artificial intelligence are transforming operational resilience from a compliance obligation into a competitive advantage for financial institutions and
Three reforms are converging to strengthen PayTo, delivering stronger consumer protections, clearer fraud liability and greater confidence in account-to-account payments as merchants search for trusted, low-cost alternatives to

RELATED STORIES ▸

CBA says payments resilience now a competitive advantage as geopolitical risks grow
CBA says payments resilience now a competitive advantage as geopolitical risks grow
CBA says payments resilience now a competitive advantage as geopolitical risks grow
The Commonwealth Bank says escalating geopolitical tensions, cyber threats and artificial intelligence are transforming operational resilience from a compliance obligation ...
Banktech, Next Payments ride cash wave as no surcharge bill shock looms
Banktech, Next Payments ride cash wave as no surcharge bill shock looms
Banktech, Next Payments ride cash wave as no surcharge bill shock looms
The end of card surcharging on October 1 has merchants across Australia looking at ways to hand out and handle ...
Karen Last takes the wheel at ANZ acquiring as Worldline exits
Karen Last takes the wheel at ANZ acquiring as Worldline exits
Karen Last takes the wheel at ANZ acquiring as Worldline exits
ANZ has completed its acquisition of Worldline's majority stake in ANZ Worldline, installing payments executive Karen Last to lead merchant ...
ACCC shines spotlight on Big 4 cash JV pricing, benchmarked to Westpac
ACCC shines spotlight on Big 4 cash JV pricing, benchmarked to Westpac
ACCC shines spotlight on Big 4 cash JV pricing, benchmarked to Westpac
The ACCC has granted ANZ, CBA, NAB and Westpac a second interim authorisation to start building their joint cash company, ...
Finished twice, never lodged: the cash pricing model on ice as it outlives its own permission slip
Finished twice, never lodged: the cash pricing model on ice as it outlives its own permission slip
Finished twice, never lodged: the cash pricing model on ice as it outlives its own permission slip
Declared complete twice, nine months apart, the Independent Pricing Mechanism (IPM) for cash still hasn’t emerged despite the ACCC authorisation ...
Westpac joins bank rivals to ramp up support for family violence victims
Westpac joins bank rivals to ramp up support for family violence victims
Westpac joins bank rivals to ramp up support for family violence victims
Westpac has joined the rest of the Big 4 in partnering with the One Stop One Story Hub, linking vulnerable ...

Got a story to share?

Get in touch with PayDay News today!

Advertising Enquiry

Fill out the form below, and we will be in touch shortly.

Contact Information

Got a story to share

Fill out the form below, and we will be in touch shortly.

Contact Information