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Digital & Online

News about payments in the online and digital space

Cash

+3

Alan Townsend appointed CEO of EFTEX
LockSimple

Feb 4, 2026

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Alan Townsend appointed CEO of EFTEX

Australian-based payments services provider EFTEX has announced Alan Townsend as their new Chief Executive Officer.

Digital & Online

+1

ATO reprieve! Rules relaxed for payday super’s complex first year
LockSimple

Feb 4, 2026

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ATO reprieve! Rules relaxed for payday super’s complex first year

The ATO has relaxed its compliance requirements for the introduction of payday super on 1 July, recognising the complexity of implementation for some employers.

Digital & Online

+2

Australia’s near $1 billion card fraud problem sees only slight decline
LockSimple

Feb 4, 2026

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Australia’s near $1 billion card fraud problem sees only slight decline

Despite significant industry action to reduce card fraud, the endemic problem is still costing Australia more than $850 million a year – mainly due to criminal activity on overseas websites, according to the latest AusPayNet data.

Fintech

+1

LemFi aims for booming Australian remittance market
LockSimple

Feb 4, 2026

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LemFi aims for booming Australian remittance market

LemFi is launching remittance services to Australian residents – firmly targeting what it says is one of the world’s fastest-growing and most important outbound remittance markets, worth $56.6 billion.

Digital & Online

+2

RBA outage delays some payments for four days
LockSimple

Feb 4, 2026

•

RBA outage delays some payments for four days

Pays were late and property settlements delayed after a 7 hour Reserve Bank outage last week caused flow-on impacts across the industry for up to four days.

Fintech

+2

AUSTRAC audit clouds Airwallex IPO and highlights cross-border regulatory risk
LockSimple

Jan 28, 2026

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AUSTRAC audit clouds Airwallex IPO and highlights cross-border regulatory risk

The planned float of Australian fintech Airwallex has been thrown into doubt after AUSTRAC ordered an independent audit over concerns its payments systems may be failing to detect serious financial crime, including child sexual exploitation — sharpening investor focus on governance and bank relationships.

Fintech

+1

Now processing $3.7 trillion - Global Payments acquires Worldpay
LockSimple

Jan 28, 2026

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Now processing $3.7 trillion - Global Payments acquires Worldpay

Global Payments is the new payments behemoth – emerging from its integration with Worldpay processing a combined 94 billion transactions a year.

Digital & Online

+2

B2B virtual cards – risk tool and growth engine
LockSimple

Jan 21, 2026

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B2B virtual cards – risk tool and growth engine

The inherent risks associated with the booming digital economy have birthed a fast growing, lucrative and almost invisible payments ecosystem in business to business (B2B) virtual card payments and AI tools.

Digital & Online

“Corrective action” - grip tightens on gaming and dodgy payments
LockSimple

Jan 21, 2026

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“Corrective action” - grip tightens on gaming and dodgy payments

Fresh moves in New Zealand to launch regulated online gaming in 2026 have spun the spotlight back on Australia’s networks, with Australian Payments Plus (AP+) taking tough “corrective action” to stop unlawful activity on NPP.

Digital & Online

+1

Macquarie tackles payment queries with AI ‘Q’
LockSimple

Jan 21, 2026

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Macquarie tackles payment queries with AI ‘Q’

Macquarie Bank says its new AI customer service agent Q has the ability to answer commonly asked payments questions.

Digital & Online

+1

Apple Pay slips eftpos inside apps as Canberra circles wallet costs
LockSimple

Jan 14, 2026

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Apple Pay slips eftpos inside apps as Canberra circles wallet costs

As Canberra sharpens its focus on the rising cost and market power of digital wallets, Apple has quietly moved to head off some of the pressure by adding eftpos to its in-app payments.

Fintech

+1

Banking Circle wants to help paytechs move in and out of Australia
LockSimple

Jan 14, 2026

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Banking Circle wants to help paytechs move in and out of Australia

Banking Circle Australia sees its international experience and overseas market know-how as a key differentiator as it moves to tackle its market rival, Cuscal, head on in 2026.

Fintech

+2

Merchant Warrior takes on Asia with Nomupay partnership
LockSimple

Jan 14, 2026

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Merchant Warrior takes on Asia with Nomupay partnership

Brisbane-based payment gateway Merchant Warrior has announced a partnership with global fintech Nomupay to bring its platform to customers in Hong Kong, Thailand, Malaysia, and the Philippines.

Fintech

+1

Wisr and partners test tokenised assets within RBA’s Project Acacia
LockSimple

Jan 14, 2026

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Wisr and partners test tokenised assets within RBA’s Project Acacia

Sydney fintech Wisr has teamed up with NotCentralised, Redbelly Network and AMAL to demonstrate how tokenisation can simplify and streamline access to capital markets.

Digital & Online

+2

Aussie eftpos moves on outage risks with Stand-in Processing but will card issuers play?
LockSimple

Jan 7, 2026

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Aussie eftpos moves on outage risks with Stand-in Processing but will card issuers play?

In an increasingly less-cash world, Australia’s domestic card network eftpos has moved to reduce the impact of bank outages with a new Stand-in Processing feature - but will card issuers be willing to wear the risk?

Digital & Online

+2

Revenue NSW serves up irrelevant personal data in unclaimed money search
LockSimple

Jan 7, 2026

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Revenue NSW serves up irrelevant personal data in unclaimed money search

Revenue NSW is handing out buckets of personal information to complete strangers when citizens search for unclaimed cheques, dividends and other money.

Digital & Online

+1

RITS is set to be rebuilt  - and beyond patching its faulty pipes
LockSimple

Jan 7, 2026

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RITS is set to be rebuilt - and beyond patching its faulty pipes

The Reserve Bank Information and Transfer System (RITS) is set for a major upgrade this year – the first “strategic modernisation” of Australia’s high-value real-time settlement system since the Fast Settlement Service was launched in 2018.

Digital & Online

+1

Airlines lead Christmas loyalty frenzy as DJs backpedals on window displays
LockSimple

Dec 17, 2025

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Airlines lead Christmas loyalty frenzy as DJs backpedals on window displays

With the RBA interchange cut coming down the pipe next year, shoppers are being tempted this Christmas with a myriad of offers to join a growing range of loyalty schemes.

Fintech

+4

Blockley hangs up his payments consulting hat
LockSimple

Dec 17, 2025

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Blockley hangs up his payments consulting hat

After 37 years of consulting for some of the nation’s biggest banks and global card schemes, the big end of town’s gun for hire Lance Blockley is hanging up his hat at The Initiatives Group (TIG) and passing on the mantle.

Fintech

+1

Christmas shoppers fund climate and biodiversity projects and deliveries boom
LockSimple

Dec 17, 2025

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Christmas shoppers fund climate and biodiversity projects and deliveries boom

Australian fintech Sphere for Good and New Zealand’s HealthPost’s partnership has seen Flora & Fauna online shoppers make 11,000 contributions towards climate and biodiversity projects when ordering parcel deliveries in the lead up to Christmas.

Cash

+12

Massive year in payments but 2026 looms even larger
LockSimple

Dec 17, 2025

•

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

+2

Mint Payments partners with Zip Co to add flexible payment options for travel merchants
LockSimple

Dec 17, 2025

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Mint Payments partners with Zip Co to add flexible payment options for travel merchants

Mint Payments and Zip Co have partnered to introduce flexible payment options for travel bookings across Mint’s merchant network.

Digital & Online

+2

Threats to payments system front and centre at summit
LockSimple

Dec 17, 2025

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Threats to payments system front and centre at summit

The resilience of the nation’s payments system has been flagged by the RBA Payments Board as the nation’s cyber security coordinator weighed in at the AusPayNet Summit.

Fintech

+1

Tyro buys Thriday for SME edge
LockSimple

Dec 17, 2025

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Tyro buys Thriday for SME edge

Tyro is acquiring Melbourne-based fintech Thriday, an AI-powered financial management platform that automates invoicing, expense management, accounting and banking workflows.

Digital & Online

+3

As the rollout deadline approaches, Confirmation of Payee may need to race on off-system BSBs and allocated EFT
LockSimple

Dec 10, 2025

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As the rollout deadline approaches, Confirmation of Payee may need to race on off-system BSBs and allocated EFT

The rollout of Confirmation of Payee is due for completion by year end, already reaching 141 million Australian bank accounts across 116 organisations. But like all payments upgrades there may be some work still to do at the edges, including off-system BSB and allocated EFT transactions.

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