A published "naughty list" of NPP breaches fails to properly name the companies responsible or the penalties applied, despite increasing concern about recent incidents like the $3 million social media fraud scheme that forced fintech Revolut to suspend its PayTo service.

The ACCC is walking away from its role of regulating and policing card surcharging, leaving it to the big card companies – Visa, Mastercard, Amex and eftpos - to enforce their own “rules” from October 1 ... rules that are not yet public or understood.

Westpac moves new customers to Visa’s B2B ecosystem as the softer mortgage market focuses major banks even more intensely on business lending.

After cutting its local workforce and settling into Australia’s new Buy Now Pay Later regulatory regime, Afterpay is fighting for a bigger slice of the market with a massive stadium sponsorship, going toe to toe with PayPal and the banks.

A large group of account to account (A2A) fintechs including Azupay, Bolt Group, Constantinople, DSPANZ, Fat Zebra, Flash Payments, Fusion Pay, Global Payments, GoCardless, Linkly, Merchant Warrior, Monoova, Ozedi, Paydock, Paypa Plane and Stripe have been given a front row seat on development of the New Payments Platform as the debate over its vision and roadmap intensifies.

Virgin is quickly following Qantas into package tours and non-card partners as it moves to counter cuts to interchange and the card surcharging ban ahead of their implementation on October 1.

Aussie PSP Zii has opened up shop the UK with little fanfare, joining Zeller in its pursuit of greener pastures in the British Isles.

ASIC is preparing a pathway for payments fintechs and platforms like Stripe, Block, PayPal and Tyro to ramp up competition with banks in the increasingly hot business lending market and Buy Now Pay Later.

Australia's screen scraping era is winding down. Banks are layering on multifactor authentication, the Consumer Data Right (CDR) is finally usable at scale, and consumers are twitchy about handing over their internet banking passwords.

On The Interchange Bench this week, Lee sleeps rough for charity, Steel saves time with NAB app update, Mansi jumps from Qantas Pay to CBA, Wood talks up PayTo as Azupay goes to uni and Yencken welcomes Hair to head of platform sales.

A top Australian university has partnered with Novatti to integrate Chinese payment platform Alipay and make fee payments more accessible for international students.

Hospitality ecommerce startup Ordermentum has attracted a $55 million investment to support the company’s next phase of growth, including AI deployment and targeted acquisitions.

The Australian Securities and Investment Commission (ASIC) and the National Anti-Scam Centre (NASC) have warned Australians to be on the lookout for fake crypto asset trading platform scams.