Revised roadmap for BECS shutdown by year end

By Warwick Ponder, Editor

AusPayNet will communicate a revised roadmap for the BECS shutdown before the end of the year, as the Reserve Bank urges the industry to cooperate on a shared vision for Account-to-Account (A2A) payments and expect “trade-offs”.

Experts say illegal tobacco PSPs ignore data and fail to make customer checks

By Michael Sainsbury, Senior Business Correspondent

Industry insiders and proceeds of crime experts question whether PSPs are making any effort to help halt the $10 billion trade - and whether the latest government task force will make a difference.

Cuscal set to gain new bank, government and fintech customers by year’s end, as ACCC clears the way for $75m Indue deal

By Staff Reporter

Cuscal is set to welcome about 20 new bank, government and fintech customers to its fold, after the ACCC cleared the way for its proposed $75 m acquisition of Indue Limited.

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Uncertainty prevails as RBA delays decision on surcharging and card fees until March

By Warwick Ponder, Editor

The Reserve Bank has delayed its decision on card fees and surcharging until March 2026, saying it needs more time to consider more than 170 submissions received.

ANZ outage highlights digital payments cloud concentration by three major suppliers

Commentary by Michael Sainsbury, Senior Business Correspondent

Amazon and Microsoft host the lion’s share of digital payments infrastructure amid concerns about data sovereignty and outages.

RBA “polarising” debate on card fees and surcharge bans rather than looking for solutions, says IPF

By Warwick Ponder

The Reserve Bank is polarising debate on surcharging by failing to pick up on nuisances and practical ideas to reduce card fees before any surcharge ban is implemented, according to small business advocates.

As ANZ Worldline moves on LCR, are Suncorp and Shift4 in its future?

By Warwick Ponder, Editor

With the ANZ acquisition of Suncorp leaving the future of its acquiring business uncertain and Shift4 buying up big parts of Worldline in the US, ANZ Worldline appears to be lifting its game on product development and Least-Cost Routing.

Canberra swamped by PSP execs, AP+ injects new talent and tobacco terminals make waves on LinkedIn

On the Interchange Bench this week, a chorus line of PSP and scheme executives perform in Canberra, AP+ gets new leadership talent and the tobacco terminal wars come to LinkedIn.

CDR & Digital ID could take the pain out of rental applications

By Rachel St Clair, Reporter

The soul crushing process of filling in piles of detailed rental applications could get a whole lot easier with the clever application of technologies like Digital ID and the Consumer Data Right (CDR), according to Sydney payments outfits Fat Zebra and AP+.

Employers shouldn’t be punished if payments industry botches Payday Super delivery, say business advocates

By Staff Reporter

Employers should not be responsible for payments industry processing bungles under the Federal Government’s Payday Super rules, according to small business advocates.

Cash strike hits Spring Carnival, as ACCC green lights continued collaboration

By Staff Reporter

Strike action from cash-in-transit workers hit the Spring Racing Carnival just days after the ACCC has issued a draft determination green lighting the Australian Banking Association (ABA) and other industry partners to develop ways to ensure the continued distribution of cash across Australia.

The future of AI in payments: When transactions start thinking for themselves

By Errol Fonseca, Contributor - www.4nseca.com

Artificial Intelligence is no longer a futuristic idea or a Silicon Valley experiment. It has quietly become the invisible engine driving how money moves, how fraud is prevented, and how trust is built across the global financial system. What are the potential benefits, and the risks?

Findi Group set to acquire Sphere for Good

By Staff Reporter

ASX-listed fintech Findi Group has entered into an agreement to acquire eco-friendly paytech Sphere for Good (Sphere) for an implied value of $6 million, payable in Findi shares.

CHOICE puts delivery app price hikes in the spotlight

By Rachel St Clair, Reporter

DoorDash, Milkrun and Uber Eats could be charging consumers 40 per cent more for some grocery items compared to what they cost instore, a CHOICE investigation into third-party delivery apps has found.

Tyro aged care solution launched

By Rachel St Clair, Reporter

Tyro Health has launched its fully certified, integrated Aged Care Solution ahead of the Australian Government's Support at Home program, which will commence on Saturday.

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