AI
News about Artificial Intelligence and machine learning in payments
Featured
+1
Jun 24, 2026
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Adyen’s “universal translator” built for new era of commerce
In an increasingly complex world of AI commerce, Adyen is trying to build solutions that enable merchants to transact and communicate fluently across multiple platforms.
Banks
+1
Jun 10, 2026
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CBA unleashes AI “Companion” for testing on real customers
Commonwealth Bank’s AI vision just got real, with the bank unleashing “CommBank Companion” for testing on both businesses and consumers last week.
Banks
+1
Jun 3, 2026
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CBA sounds the bell on AI job losses but are payments functions on the block?
So far most Australian institutions have been reluctant to identify AI replacing jobs but the evidence from offshore on fraud, AML, compliance and back office staff is clear. The nation’s biggest payments player - Commonwealth Bank - is leading the AI charge locally, in the footsteps of global counterparts like HSBC, Citi, JP Morgan, Visa, Mastercard, PayPal and Block.
Banks
+1
Jun 3, 2026
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Westpac data reveals rapid uptake in AI subscriptions
Westpac customers alone are paying $5.6 million a month on AI tools, according to the bank’s new payments data.
Banks
+2
May 13, 2026
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Visa partners to test agentic ecosystem
A host of Australian partners including ANZ, Bank of Melbourne, BankSA, Cuscal, ING, Latitude Financial, NAB, St. George, and Zip have signed up to Visa’s Agentic Ready program, in what Visa said was an important step in preparing the local ecosystem for the next phase of agentic commerce.
Banks
+1
Feb 11, 2026
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CBA report: how it’s approaching AI
The Commonwealth Bank (CBA) has released a report outlining how it envisions, develops, deploys and manages Artificial Intelligence (AI) at an organisational level with a focus on responsible practices.
AI
+1
Feb 4, 2026
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Mastercard rollout shows AI shopping has reached the checkout
The card schemes are racing to embed themselves in the surging AI shopping universe, with multiple players scrambling to reap fees and other benefits from a new payments ecosystem.
Cash
+9
Dec 17, 2025
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Massive year in payments but 2026 looms even larger
There will be little rest for the payments industry this summer, as businesses, regulators and lawmakers get ready for a raft of big changes in the New Year. In the final edition of PayDay News for 2025, we look at the big changes this year, and what to expect in 2026.
Fintech
+3
Nov 19, 2025
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Aussies to sleigh holiday sales using AI as Santa’s helper
More than half of Aussies under 45 are planning to use creative AI tools to assist with holiday shopping, according to new research from PayPal.
Cash
+2
Nov 19, 2025
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The era of invisible finance: How AI, identity and trust are redefining money
The future of finance isn’t cashless. It’s conscious built on invisible intelligence and visible trust.
A2A
+2
Nov 5, 2025
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Checkout.com and UBER announce global partnership
Checkout.com has announced a new partnership with Uber - providing acquiring and payment gateway services to Uberʼs ridesharing and on-demand delivery platforms.
Banks
+3
Aug 27, 2025
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Scams Awareness Week: Stop. Check. Protect
Scams Awareness Week’s 2025 theme focuses on urging consumers to Stop. Check. Protect. when keeping yourself safe from scams.
Fintech
+5
Jul 30, 2025
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Specialty is key in new era of Aussie payments consulting
With increasing complexity around digital payments, a new breed of payments consultant is emerging in Australia focusing on niche specialisations to help businesses meet new challenges.
Banks
+2
Jul 2, 2025
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CBA joins AI-powered scam fight
CBA is the latest bank to announce AI remedies to scams, this time using a fleet of thousands of fake Aussie consumers to keep scammers busy and disrupt their operations.
Banks
+1
Jun 4, 2025
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Westpac deploys call centre AI to detect scams
Westpac is piloting new AI technology which it says will revolutionise its customer support capabilities, including improving the bank’s ability to detect if a customer is being scammed.
AI
+1
Jun 4, 2025
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Would you trust AI to access your wallet and do your shopping?
What are the trust, privacy and liability issues for consumers in a new world of AI-powered commerce?
AI
+1
May 28, 2025
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Fighting AI with AI – tech battle looming to combat Aussie APP scams
Friendly AI may be the best form of defence against predicted increases in sophisticated AI-driven criminal scams in Australia, according ACI Worldwide’s Scamscope report.
