Chalmers dodges productivity test on payments | ||
By George Lekakis, Senior Banking and Financial Services Correspondent | ||
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Federal Treasurer Jim Chalmers has ducked for cover after his office was asked to explain why taxpayers are wearing the cost of government agencies only being able to accept online debit card payments processed through the Visa and Mastercard networks. | ||
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Industry to launch A2A consultation and may reset BECS 2030 end date | ||
By Warwick Ponder, Editor | ||
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AusPayNet (APN) and Australian Payments Plus (AP+) are about to launch a public consultation about A2A payments, following a raft of issues raised by the Reserve Bank’s damning risk review. | ||
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Surcharge ban prompts A2A and crypto challengers | ||
By Michael Sainsbury, Senior Business Correspondent | ||
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The dominance of card giants and Australia’s big banks’ revenue streams are under threat as the industry readies for structural transformation in the face of the looming debit card surcharge ban and escalating costs for merchants. | ||
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US mega-bank JP Morgan joins AP+ Board | ||
By Staff Reporter | ||
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The world’s biggest bank, US mega bank J.P. Morgan, has joined the Board at Australian Payments Plus (AP+) as it becomes more entrenched in Australian payments. | ||
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Tyro survey shows generational shift in foodie payment habits | ||
By Staff Reporter | ||
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Almost 50% Aussies have adjusted their drinking habits due to cost-of-living pressures but Gen Zs are willing to pay more for coffee and beers, according to a new Tyro survey. | ||
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RBA Board member Marnie Baker joins FinTech Australia | ||
By Staff Reporter | ||
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RBA Board member and former Bendigo Bank CEO Marnie Baker has joined Fintech Australia as a Non-Executive Director. | ||
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AUDC launches AUDD stablecoin on Hedera | ||
By Staff Reporter | ||
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Australian Blockchain and Cryptocurrency (AUDC) has launched an Australian Digital Dollar on the Hedera Network. | ||
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Stay scam alert as FY closes - ANZ | ||
By Staff Reporter | ||
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ANZ has warned Aussie to watch out for tax-related impersonation scams and dodgy offers as the financial year draws to a close. | ||
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ABA appoints Simon Birmingham as new CEO | ||
By Staff Reporter | ||
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The Australian Banking Association (ABA) has appointed former federal finance minister, Simon Birmingham, as their new CEO. | ||
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