Cards
News about card payments, including debit, credit and pre-paid cards
Fintech
+3
Mar 4, 2026
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Blended rates, fintech carve-outs and a trillion-dollar gatekeeper: who really pays?
Australia's parliamentary payments inquiry stripped back the complexity to expose three uncomfortable truths: small businesses are subsidising the system, fintechs want exemptions that would make it worse, and Apple won't even say what it charges.
Fintech
+1
Mar 4, 2026
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Mixed results for listed pay firms, with Tyro and Cuscal profits up, revenue slower
BNPL player Zip is now heavily dependent on its US business and like Beforepay, it is struggling to impress investors.
Cards
+1
Mar 4, 2026
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No new pay Apps on iPhone NFC! But Apple says Aussie developers are “well down the path”
While “numerous” developers have been allowed to work on Apple’s prized NFC chip in Australia, the tech giant has told a parliamentary inquiry that a new payments app is yet to emerge.
Fintech
+9
Mar 4, 2026
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ParliPay - hours of action-packed TV with a pinch of fiction
Last week I spent two days watching the parade of banking and payment seniors strut their stuff in Canberra at the House Economics Committee – the ParliPay hearings.
Fintech
+3
Feb 25, 2026
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CBA buys in Dynamic Least-Cost Routing and outage resilience with IPSI
The country’s biggest bank will be able to offer customers Dynamic Least-Cost Routing (DLCR) and improved outage resilience by year end, after it snapped up local innovative fintech IPSI.
Fintech
+1
Feb 25, 2026
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Latitude hits new altitudes in credit card spending
A 59% jump in cash profit sparked a rally in Latitude Group shares last week, with the company’s 2025 results shows a sharp increase in credit card spend.
Banks
+1
Feb 25, 2026
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NAB’s Citi gamble enters the proof phase as consumer bank execution comes into focus
With migration complete and proprietary lending rising, NAB is betting scale in cards and direct mortgages will lift returns, but market share and margins indicate the next phase depends on execution.
Fintech
+4
Feb 25, 2026
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Threatened “Zero Cost” Smartpay changes name and wants AusPayNet review
With its business model on the brink, blended rate terminal operator Smartpay has changed its name and come out swinging on surcharge regulation, scheme fees, Apple Pay and big bank dominance, including the role of the industry’s “governance body” AusPayNet.
Banks
+1
Feb 18, 2026
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After a booming profit, CBA now says domestic issuing and acquiring run at a loss!
Australia’s biggest bank claims its domestic issuing and acquiring businesses are losing money.
Cash
+4
Feb 18, 2026
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Australia breaks new records on card spending ... and merchant fees
New data shows 2025 saw record card usage in Australia, but fees charged to merchants for accepting those cards also increased across almost all card categories.
Fintech
+1
Feb 18, 2026
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PayPal “sleepy shopping” data reveals cost of late-night spending
Australians are paying the price for late night shopping binges, according to PayPal.
Fintech
+1
Feb 18, 2026
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“Shout” fades as Aussies hit their spending limit
According to new data from Tyro, one in three Aussies are ditching “the shout” because they’re tightening their belts.
Fintech
+1
Feb 11, 2026
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Banks to exit acquiring says Tyro’s new boss as he takes on new COO
“I think that we'll see the quiet movement of banks exiting the end state merchant touch points,” says Tyro CEO Nigel Lee as he doubles down on backend services and hires a new COO to drive scale.
