PayDay News July 9

ANZ Worldline eyes more capital to address loan breach and funding

By George Lekakis, Senior Banking and Financial Services Correspondent

EXCLUSIVE

Struggling merchant payments provider ANZ Worldline Payment Solutions posted a record loss of $68.9 million in the 12 months to the end of December.

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eCommerce jobs go as Tyro implements new product and technology model

By Michael Sainsbury, Senior Business Correspondent

With its future under the cloud of a languishing share price, US rivals looking to Australia for acquisitions, and the RBA set to up end its business model, Tyro is vowing to go it alone.

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Westpac live with Confirm Payee, while the industry lurches towards possible Christmas rollout

By Michael Sainsbury, Senior Business Correspondent

The so-called launch of the ‘Confirm Payee’ anti-scam technology is less than it looks and its hardly the first time the Australian Banking Association had buried the small print.

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Till founder Shadi Haddad and Nuvei face possible lawsuit

By Michael Sainsbury, Senior Business Correspondent

On July 2, the NSW Supreme Court gave major investors Silva Fortune and NGP Investments access to Till financial records, that may also reveal whether Till’s acquisition was at arm's length.

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RBA options paper set to ignite heated debate on card fees and surcharging

By Staff Reporter

When the Reserve Bank of Australia (RBA) kicks off its consultation on the Review of Merchant Card Payment Costs and Surcharging next Tuesday, Australia will have three big payments consultations running in tandem. Why?

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Shift4 completes Global Blue buy, as it moves into Aussie payments

By Warwick Ponder, Editor

With a series of heavy-duty acquisitions, Shift4 is poised to enter the Australian market with serious capabilities and a ready-made customer base.

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Visa introduces new scheme fees

By Staff Reporter

Visa has started informing clients about two upcoming scheme fee hikes, PayDay News understands.

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AP+’s new PayTo ad campaign

By Rachel St Clair, Reporter

Australian Payments Plus has launched a new PayTo ad campaign, highlighting the digital payment alternative as a new secure way to pay directly from your bank account using a PayID, or BSB and account number.

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ANZ turns off BPAY View service

By Staff Reporter

ANZ started to turn off a service which was designed to help customers with bill payments and notifications via BPAY, just days after its new CEO, Nuno Mato, took charge.

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Australia’s record credit card surge hides a surprising twist

By Staff Reporter

Credit card spending just hit a two-year high, but the real story isn't about consumers. It's about businesses on the brink.

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Police issue warnings over counterfeit cash

By Rachel St Clair, Reporter

After a spate of incidents involving fake cash, Tasmania and Queensland police have issued warnings about counterfeit $100 and $50 notes.

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Interchange fees infringe EU competition law, says London tribunal

By Staff Reporter

Visa and Mastercard's interchange fees infringe competition law, a London tribunal has ruled in the latest round of the ongoing legal battle.

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One-click payroll and super launched by SuperAPI, Payroo and Monoova

By Staff Reporter

Three fintechs have teamed up to help Aussie businesses stay ahead of regulatory change in payroll and superannuation.

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