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Digital & Online

News about payments in the online and digital space

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.

Digital & Online

+2

Australia’s first real-time super payment from inside payroll
LockSimple

Dec 10, 2025

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Australia’s first real-time super payment from inside payroll

Employment Hero has processed its first Payday Super payment over the NPP via HeroClear, a super-clearing and validation solution built with payments provider Zepto and SuperStream messaging provider OZEDI.

Merchant Service Fees

+3

Chargeback fees surge as AI reshapes online payments and merchants bear the cost
LockSimple

Dec 10, 2025

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Chargeback fees surge as AI reshapes online payments and merchants bear the cost

Bank disputes processes are giving way to automated, opaque and more expensive fintech systems, costing merchants big dollars in fees as online sales boom.

Digital & Online

Checkout.com adopts OpenAI backed ACP for merchants
LockSimple

Dec 10, 2025

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Checkout.com adopts OpenAI backed ACP for merchants

Global digital payments company, Checkout.com announced it will support Agentic Commerce Protocol (ACP), as research suggests Australians are highly open to AI-assisted shopping.

Digital & Online

+3

Credit card schemes face parliamentary inquiry as revolving debt hits 4 year high
LockSimple

Dec 10, 2025

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Credit card schemes face parliamentary inquiry as revolving debt hits 4 year high

Credit card companies Visa and Mastercard will join digital wallet providers Apple Pay and Google Pay to front a new parliamentary inquiry in 2026, as Australia’s revolving credit card debt and online spending soars to new highs.

Digital & Online

+1

Cohen bulks up PEXA team ahead of possible ACCC probe
LockSimple

Dec 3, 2025

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Cohen bulks up PEXA team ahead of possible ACCC probe

New PEXA CEO Russell Cohen has bulked up his executive team and cleaned house as he prepares for more government and regulatory scrutiny.

Fintech

+1

Coinbase Australia picks new ex-CommSec exec as COO
LockSimple

Dec 3, 2025

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Coinbase Australia picks new ex-CommSec exec as COO

Cryptocurrency exchange company, Coinbase Australia, has appointed former CommSec Executive Manager Adam Judd as Chief Operating Officer ahead of big changes to the regulatory landscape.

Fintech

+2

Staff get 12 month reprieve as Cuscal completes Indue deal
LockSimple

Dec 3, 2025

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Staff get 12 month reprieve as Cuscal completes Indue deal

Cuscal has completed its acquisition of Indue on schedule, and while staff get a 12 month reprieve on job cuts as we head into the holidays, Indue executives might not be so lucky.

Digital & Online

+2

Westpac launches universal feature to cancel subscription payments
LockSimple

Dec 3, 2025

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Westpac launches universal feature to cancel subscription payments

Westpac and Mastercard have collaborated to develop a new “first of its kind in Australian banking” feature, enabling Westpac customers to be able to view and cancel subscription payments directly through the Westpac app.

Digital & Online

+3

ATO urges employers to move early on payday super or risk compliance nightmare
LockSimple

Nov 26, 2025

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ATO urges employers to move early on payday super or risk compliance nightmare

Employers have been warned to move early on payday super, with the ATO expecting 25 times the number of rejected contribution payments and payroll platforms pre-empting cash flow management issues.

Digital & Online

+2

Chatty teens to verify via ConnectID as Apple looms
LockSimple

Nov 26, 2025

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Chatty teens to verify via ConnectID as Apple looms

Bank-backed AP+ identity platform ConnectID scored a big win this week, with Snapchat adopting the technology for teen verification ahead of new social media rules kicking in next month, but Apple is now looming large as a competitor in the hotly contested space.

Digital & Online

+2

Cuscal’s Indue deal to be finalised next week
LockSimple

Nov 26, 2025

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Cuscal’s Indue deal to be finalised next week

Cuscal expects to finalise its acquisition of Indue next week, after clearing the last regulatory hurdle.

Digital & Online

+3

PayPal launches Xoom in Australia
LockSimple

Nov 26, 2025

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PayPal launches Xoom in Australia

PayPal has announced the launch of its international money transfer service Xoom in Australia, promising easy and safer money transfers for PayPal customers in over 150 countries across more than 100 currencies.

Digital & Online

+2

Triple Zero woes raise questions over critical payments infrastructure
LockSimple

Nov 26, 2025

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Triple Zero woes raise questions over critical payments infrastructure

Australia’s critical infrastructure regime covers 13 sectors including financial services, but is the regime in the sector as strong and resilient as Australians need their payments infrastructure to be?

Digital & Online

+1

$40 million lost in a year – shoppers beware Black Friday scams
LockSimple

Nov 19, 2025

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$40 million lost in a year – shoppers beware Black Friday scams

Online shoppers should stay alert to scams as Black Friday sales kick-off, with the Australian Bankers Association (ABA) claiming almost $40 million was lost to buying and selling scams over the past year.

Fintech

+3

Aussies to sleigh holiday sales using AI as Santa’s helper
LockSimple

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.

Digital & Online

+1

Super to kick up NPP volume in 2026 as use cases expand
LockSimple

Nov 19, 2025

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Super to kick up NPP volume in 2026 as use cases expand

Payday Super is likely to give NPP payments a much-needed volume boost in the new year, as transaction growth begins to move into new areas of the market including merchant disbursements, subscription services and cross border payments.

Cash

+2

The era of invisible finance: How AI, identity and trust are redefining money
LockSimple

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.

Digital & Online

+1

57% of Aussie corporates unaware of BECS “2030+” shutdown: CBA research
LockSimple

Nov 12, 2025

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57% of Aussie corporates unaware of BECS “2030+” shutdown: CBA research

New CommBank research suggests the majority of Australian corporates are unaware that the industry is planning to decommission the Bulk Electronic Clearing System (BECS) by “2030+”.

Digital & Online

+1

Aussies are sitting on $1,349 worth of unused and unwanted items
LockSimple

Nov 5, 2025

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Aussies are sitting on $1,349 worth of unused and unwanted items

A recent PayPal Circular Economy Research Report has shown Australians are drowning in clutter, with 9 in 10 having $1,349 worth of unused items lying around that could be turned into cash.

Fintech

+3

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

Oct 29, 2025

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

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+.

Fintech

+3

CHOICE puts delivery app price hikes in the spotlight
LockSimple

Oct 29, 2025

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CHOICE puts delivery app price hikes in the spotlight

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.

Fintech

+1

Tyro aged care solution launched
LockSimple

Oct 29, 2025

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Tyro aged care solution launched

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.

Fintech

+2

Aussie Monoova named Company of the Year at Global FinTech Awards
LockSimple

Oct 15, 2025

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Aussie Monoova named Company of the Year at Global FinTech Awards

Australian payment services provider Monoova has been named Company of the Year at the Global FinTech Awards 2025 in London, highlighting Australia’s growing influence in the global fintech sector.

Digital & Online

+2

Deanne Bannatyne named new CEO at NAB’s HICAPS
LockSimple

Oct 8, 2025

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Deanne Bannatyne named new CEO at NAB’s HICAPS

Deanne Bannatyne has taken over the top job at NAB’s healthcare payments specialist, HICAPS.

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