PayDay News

Westerlind Wigstrom manoeuvres to Redbelly in tokenisation bet

Westerlind Wigstrom manoeuvres to Redbelly in tokenisation bet

Just four months after exiting Monoova to spend more time with family, Christian Westerlind Wigstrom has reemerged as the new CEO of ...
NSW Treasury’s big payments bet

NSW Treasury’s big payments bet

$200 billion-plus. That is the scale and opportunity around NSW Government's annual payment activity, with money moving in and out of government ...
Mastercard’s wallet launch goes beyond cards with no Aussie partner

Mastercard’s wallet launch goes beyond cards with no Aussie partner

Mastercard has unveiled a global platform to put digital wallets onto its payments network, but no Australian bank, fintech, PSP or wallet ...
Hello Clever wins Variant backing for global payments push

Hello Clever wins Variant backing for global payments push

Sydney-based Hello Clever has secured backing from New York venture firm Variant as it builds a global payments layer designed to choose ...
Kiwis don’t understand open banking but they want what it does

Kiwis don’t understand open banking but they want what it does

According to a Cuscal Paymark study, just 32% of New Zealanders understand open banking. Demand for what it delivers, however, is substantially ...
No-surcharge wallop leaves SMEs in the dark and out of pocket

No-surcharge wallop leaves SMEs in the dark and out of pocket

Small businesses face tough calls on card payments as the October surcharge “ban” approaches, with confusion still widespread and almost half of ...
Who has liability? Banks split from Visa & Apple on AI payments risks

Who has liability? Banks split from Visa & Apple on AI payments risks

Commonwealth Bank (CBA), Westpac and Macquarie want the Reserve Bank of Australia (RBA) to move early on controls for payments made by ...
AP+ searches for CPO as Lovney exit leaves leadership vacuum

AP+ searches for CPO as Lovney exit leaves leadership vacuum

Australian Payments Plus is recruiting a new Chief Product Officer after Adrian Lovney’s departure removed a long-time NPP champion and potential future ...
November 1 is when things get messy

November 1 is when things get messy

When the first post-surcharging merchant statements hit struggling small businesses on 1 November, expect a loud and ugly reaction to the bill ...
Australians spared from Revolut data breach

Australians spared from Revolut data breach

Australian customers were not impacted after the global fintech was tricked into handing sensitive customer information to scammers raising fresh concerns about ...
How the Amex surcharge escape clause works

How the Amex surcharge escape clause works

In a regulatory free environment, American Express has created a Supplier Trade Fee (STF) allowing eligible B2B merchants to recover transaction costs ...
India’s cracked the NFC tap barrier stifling A2A in Aussie retail

India’s cracked the NFC tap barrier stifling A2A in Aussie retail

India has put account-to-account (A2A) payments behind the same tap consumers use for cards, potentially removing a critical adoption barrier that has ...

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