PayDay News May 28

ANZ Worldline cedes market share to Stripe and other non-bank acquirers

By George Lekakis, Senior Banking and Financial Services Correspondent

Stripe is making big inroads into the Australian acquiring market at the expense of ANZ Worldline and Westpac.

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CBA calls for more BNPL checks as sun sets on Aussie-led fintech boom

By Michael Sainsbury, Senior Business Correspondent

The nation’s biggest lender and largest consumer bank CBA has called for more credit controls in the Buy Now Pay Later (BNPL) sector ahead of regulatory reforms due to kick in on June 10.

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AP+ moves to conquer large batch payments hurdle for NPP

By Staff Reporter

Australian Payments Plus (AP+) is rushing to design a solution for large batch payments over the New Payments Platform, after the Reserve Bank of Australia expressed serious concerns about progress.

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Digital wallets continue to explode ahead of regulatory controls

By Staff Reporter

Industry analysts are predicting a further 20.8% growth of digital wallet usage in Australia in 2025, while the sector remains devoid of regulatory controls.

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Fighting AI with AI – tech battle looming to combat Aussie APP scams

By Staff Reporter

Friendly AI may be the best for of defence against predicted increases in sophisticated AI-driven criminal scams in Australia, according ACI Worldwide’s Scamscope report.

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DCS credit card rewards to offset carbon emissions via Sphere

By Staff Reporter

In a world first, a new partnership between DCS Card Centre (formally Diners Club Singapore) and Australian eco-tech, Sphere will enable consumers to utilise their rewards to offset carbon emissions and aid biodiversity.

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PayDay News is a publication produced by the Independent Payments Forum. For any enquiries regarding PayDay News, please contact gabby@paydaynews.com.au

 

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