Can an ATM passion project assist remote cash distribution blues?

By Warwick Ponder, Editor

NAB CEO Andrew Irvine has revealed his “passion project” - a multi-deposit ATM - to assist cash distribution in remote communities, but it turns out he isn't the only one in the industry with a deep enthusiasm for the technology.

Chatty teens to verify via ConnectID as Apple looms

By Warwick Ponder, Editor

Bank-backed AP+ identity platform ConnectID scored a big win this week, with Snapchat adopting the technology for teen verification ahead of new social media rules kicking in next month, but Apple is now looming large as a competitor in the hotly contested space.

Tyro cuts rates in Christmas deal with Visa and Mastercard

By Warwick Ponder, Editor

Tyro’s outgoing CEO Jon Davey has handed some small business customers a fee cut from next week, lowering prices just in time for Christmas.

ANZ joins tobacco fight as AUSTRAC presses remitters on child exploitation payments

By Michael Sainsbury, Senior Business Correspondent

ANZ, like its peers and PSPs, has not revealed how many illicit tobacco merchants have been cut off, as AUSTRAC orders an audit of WorldRemit for child exploitation payments and targets others.

ATO urges employers to move early on payday super or risk compliance nightmare

By Warwick Ponder, Editor

Employers have been warned to move early on payday super, with the ATO expecting 25 times the number of rejected contribution payments and payroll platforms pre-empting cash flow management issues.

Desire for real time transition tempered by cost, take up, outages and reach

By Gabby Taylor

A summary of 68 submissions on the future of account-to-account payments shows a desire to move to real time payments but concerns remain around cost, take up of services, outages and account reach.

Rewards find investors, industry voices named and Mastercard muscles up

On The Interchange Bench this week the loyalty sector finds investor appetite, as Norbr names Aussie payments influencers, bankers get quizzed on net-zero and Mastercard recruits for an RBA stoush.

Cuscal celebrates ASX 1st birthday with “best IPO” award

By Warwick Ponder, Editor

Cuscal celebrated its first birthday on the ASX yesterday and took out “Best IPO Listing” at the Adam Smith Awards Asia 2025 in Singapore.

Triple Zero woes raise questions over critical payments infrastructure

Analysis by Michael Sainsbury, Senior Business Correspondent

Australia’s critical infrastructure regime covers 13 sectors including financial services, but is the regime in the sector as strong and resilient as Australians need their payments infrastructure to be?

Cuscal’s Indue deal to be finalised next week

By Warwick Ponder, Editor

Cuscal expects to finalise its acquisition of Indue next week, after clearing the last regulatory hurdle.

Aussies prepare to flash cash in holiday sales bonanza

By Rachel St Clair, Reporter

While cashless is king during the sales events leading up to Christmas, more than a quarter of shoppers will use cash for some purchases, according to Monash Business School’s annual seasonal retail research report.

PayPal launches Xoom in Australia

By Rachel St Clair, Reporter

PayPal has announced the launch of its international money transfer service Xoom in Australia, promising easy and safer money transfers for PayPal customers in over 150 countries across more than 100 currencies.

Live partners with Pipe, offering SMEs credit based on cash flow and performance

By Rachel St Clair, Reporter

Live Payments has partnered with US fintech company Pipe, becoming its first Australian customer and helping to ramp up the tech’s expansion into Australia.

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