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PayDay News | Australian Payments News

Government

News about government contracts and key decisions in the payments space.

Treasury maps 40-year payments threat from AI and fragmentation

Treasury maps 40-year payments threat from AI and fragmentation

The Intergenerational Report warns AI-powered scams, cyberattacks and geopolitical fragmentation will reshape payment risks, while Payday Super embeds payments infrastructure in Australia’s ...
Government to refresh payments strategy as fintech plan lands

Government to refresh payments strategy as fintech plan lands

Treasury will consult on a refreshed Strategic Plan for Australia’s Payments System later this year as part of a broader push to ...
NSW payments strategy focused on real-time, fraud resilience and digital government

NSW payments strategy focused on real-time, fraud resilience and digital government

The NSW Government has unveiled its first Payments Strategy, positioning the state as a major driver of Australia's payments modernisation agenda with ...
Sydney fintech 6GPI goes after massive SNAP food stamp market in the US, while Zepto offers help to NDIS

Sydney fintech 6GPI goes after massive SNAP food stamp market in the US, while Zepto offers help to NDIS

Respected solutions architect Dave Pike has walked away from ANZ to set up a fintech that aims to take on fraud in ...
CBA’s lucrative NSW transport acquiring deal remains in place for now

CBA’s lucrative NSW transport acquiring deal remains in place for now

The NSW Government’s decision to swap out its Opal providers has flow on effects to the current provider Cubic and its partners, ...
INIT and Trapeze big winners in $820m Opal 2.0 upgrade deal

INIT and Trapeze big winners in $820m Opal 2.0 upgrade deal

NSW commuters will see enhanced services, a new Opal app and the rollout of 25,000 new readers, under a $820m deal announced ...
Why the Government won’t move to NPP except in emergencies

Why the Government won’t move to NPP except in emergencies

The Reserve Bank has told a Parliamentary Inquiry why Government agencies aren’t moving to the New Payments Platform except in emergency situations ...
Citizens left holding the bill as the government undermines its payments reform agenda

Citizens left holding the bill as the government undermines its payments reform agenda

As Canberra bans surcharges in October, a glaring loophole has been left open that hands NAB the country's biggest commercial card windfall. ...
NZ blocks surcharge ban, UK prioritises “tackling high card fees”

NZ blocks surcharge ban, UK prioritises “tackling high card fees”

Australia's Reserve Bank will ban business from surcharging the cost of card transactions from October 1, all whilst the rest of the ...
Coinbase asks Senate for more on debanking

Coinbase asks Senate for more on debanking

As the government looks to introduce the Digital Assets Framework Bill to regulate crypto currencies in Australia, Coinbase remains concerned about the ...
Express Transit mobile confusion as Victorian myki tap trial kicks in

Express Transit mobile confusion as Victorian myki tap trial kicks in

Easy access mobile payments for transit may be responsible for Victorian commuters accidently paying for fares twice. ...
Consultation looks at PSPs, ePayments Code powers and unclaimed funds

Consultation looks at PSPs, ePayments Code powers and unclaimed funds

Treasury has launched a consultation on new legislation for payments service providers (PSPs), including power to make rules for a mandatory and ...

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Visa says we’re living in age of the “couch economy”

Azupay and Curtin University accelerate PayID

Banks build tokenised defence as wholesale finance falls behind

RBA backs its own cash but leaves industry to finish the job

Taylor takes ASB helm as New Zealand payments pressure builds

Aussie crypto poised to “explode” but barriers remain

Westpac drops to a 0.79% flat rate but excludes Amex

Westpac first NZ bank cleared to issue digital credentials

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