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Digital & Online

News about payments in the online and digital space

Cash

+1

Cyclone Narelle exposes Australia's cashless fragility
LockSimple

Mar 25, 2026

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Cyclone Narelle exposes Australia's cashless fragility

Cyclone Narelle ripped through Cape York and slammed into the Northern Territory, affecting dozens of remote communities scattered across the Top End, including their ability to buy anything at all.

Digital & Online

+2

Leaked list reveals high risk NPP customers
LockSimple

Mar 25, 2026

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Leaked list reveals high risk NPP customers

Cuscal, Westpac, Zepto and ANZ have been told to keep a close eye on more than two dozen companies in the remittance and money transfer, securities with investments and gambling sectors that feature on a leaked “high risk” list of merchants they connect to the financial system via the New Payments Platform.

Fintech

+1

Pay.com.au's new CTO wants to turn $4.2 trillion in “dead payments” into rewards
LockSimple

Mar 25, 2026

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Pay.com.au's new CTO wants to turn $4.2 trillion in “dead payments” into rewards

Dee Kulkarni on scaling a $633 million Australian fintech into the US, why indecision is the only bad decision, and the budget risk nobody's ignoring.

Digital & Online

+1

Stablecoin transactions pay the toll with Mastercard and Visa making sure of it
LockSimple

Mar 25, 2026

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Stablecoin transactions pay the toll with Mastercard and Visa making sure of it

Mastercard and Visa are building the tollbooth for stablecoin, one acquisition and partnership at a time.

Digital & Online

+2

Bluesfest collapse triggers refund confusion
LockSimple

Mar 18, 2026

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Bluesfest collapse triggers refund confusion

Due to a rare ticketing arrangement Stripe and PayPal are now on the hook for millions in refunds via delayed card chargebacks, after the merchant, Bluesfest Enterprises, went belly up.

Digital & Online

+1

Little action on illicit tobacco instore and online payments as “wars” escalate
LockSimple

Mar 18, 2026

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Little action on illicit tobacco instore and online payments as “wars” escalate

With illegal tobacco being couriered around the country by Australia Post on the back of online payments, only CBA and Tyro appear to be taking noticeable action as the Federal Coalition sets up its own tobacco taskforce.

Digital & Online

+1

Will Swift’s deal with Australia’s big banks fix cross-border payments?
LockSimple

Mar 18, 2026

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Will Swift’s deal with Australia’s big banks fix cross-border payments?

Commonwealth Bank, ANZ, NAB, and Westpac have joined a new Swift framework promising faster, cheaper, more transparent international payments. It's a big coalition, a polished launch, and a genuinely ambitious global rollout. It's also a story with some conspicuous gaps.

Digital & Online

+2

With scammers riding roughshod on its network, Telstra teams with banks to catch mules
LockSimple

Mar 18, 2026

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With scammers riding roughshod on its network, Telstra teams with banks to catch mules

Telstra just announced it's teaming up with ANZ, NAB and Westpac to hunt money mules – people who shuffle stolen cash through their bank accounts on behalf of criminal networks. But why can’t the telco block dodgy callers and messages riding the network in the first place, like Samsung does?

Digital & Online

+1

Australia's $24 billion digital payments bonanza has a $23 billion problem
LockSimple

Mar 11, 2026

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Australia's $24 billion digital payments bonanza has a $23 billion problem

A new industry report promises a once-in-a-generation digital finance windfall. The maths, the infrastructure, and the Reserve Bank's own admissions tell a different story.

Digital & Online

+2

Illicit tobacco online via payments rails, delivered by Australia Post
LockSimple

Mar 11, 2026

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Illicit tobacco online via payments rails, delivered by Australia Post

Australia Post has become the chief courier service for illicit tobacco, with payments provided by a raft of companies including PayPal, Visa, Mastercard, Klarna, Stripe, Link, and CBA and ANZ BSBs.

Digital & Online

+2

Missed deadline on RBA outage review – the system keeps breaking
LockSimple

Mar 11, 2026

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Missed deadline on RBA outage review – the system keeps breaking

Australia built a cashless economy on infrastructure that can't stay online. The Reserve Bank knows it. The telcos know it. And now, after its own system crashed because someone forgot to renew a certificate, the Reserve Bank of Australia (RBA) has missed its own deadline to explain what went wrong.

Digital & Online

+1

Big banks fight to compete online, as rumours rage on Stripe PayPal buyout
LockSimple

Mar 4, 2026

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Big banks fight to compete online, as rumours rage on Stripe PayPal buyout

Aussie banks are struggling to compete with easy to use and fee-heavy plugins and apps in Australia’s fastest growing payment category - online - as talk of a Stripe takeover of PayPal and Block shedding jobs floods the market.

Digital & Online

+1

Cross-border payments still too expensive and slow: RBA
LockSimple

Mar 4, 2026

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Cross-border payments still too expensive and slow: RBA

Australia’s goals to speed up and reduce the cost of cross-border payments are behind schedule, with banks usually proving more expensive than some fintechs to send money overseas.

Fintech

+2

Lessn rewards growth with new investment round
LockSimple

Mar 4, 2026

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Lessn rewards growth with new investment round

Australian B2B payments platform Lessn has celebrated surpassing $100 million transacted on its platform within its first year of operations, as it enters a new investment round.

Fintech

+9

ParliPay - hours of action-packed TV with a pinch of fiction
LockSimple

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.

Digital & Online

+1

Troubled Airwallex announces partnership with Bombers
LockSimple

Mar 4, 2026

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Troubled Airwallex announces partnership with Bombers

Airwallex continues its sporting campaign march, this time onto the oval with the Bombers, despite AUSTRAC woes.

Fintech

+1

Bills-for-points fintechs surge as Pay.com.au float looms

Feb 25, 2026

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Bills-for-points fintechs surge as Pay.com.au float looms

A wave of Australian platforms letting businesses put payables on cards to earn frequent-flyer points is accelerating in a sector shaped as much by loyalty economics as payments innovation.

Digital & Online

+2

Inside Banking Circle’s play to reshape payments and lead stablecoin down under
LockSimple

Feb 25, 2026

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Inside Banking Circle’s play to reshape payments and lead stablecoin down under

With a proven euro stablecoin already in circulation, Banking Circle is laying the groundwork for what could become Australia’s most significant bank-backed digital currency infrastructure - arriving at precisely the moment regulators are finally writing the rules.

Digital & Online

+2

RBA releases details of CS crisis powers to protect financial markets
LockSimple

Feb 25, 2026

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RBA releases details of CS crisis powers to protect financial markets

The Reserve Bank of Australia (RBA) has published its rules for intervening if there is a threat to domestic financial stability or to the continuity of the Clearing and Settlement (CS) facility’s services that are critical to the functioning of the financial system in Australia.

Digital & Online

+2

Apple Pay dominance is “good for competition”: Apple
LockSimple

Feb 18, 2026

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Apple Pay dominance is “good for competition”: Apple

Regulation of Australia’s dominant mobile wallet Apple Pay will hurt consumers and small banks trying to compete with the Big 4, according to Apple.

Fintech

+3

DJs adopts Weixin Pay for big spending Chinese tourists
LockSimple

Feb 18, 2026

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DJs adopts Weixin Pay for big spending Chinese tourists

David Jones now accepts Weixin Pay – formerly known as WeChat Pay - enabling big spending Chinese customers to make purchases at preferential exchange rates, and eliminating the need for cash or cards.

Digital & Online

+2

Europe aims for payments sovereignty in break from US networks
LockSimple

Feb 18, 2026

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Europe aims for payments sovereignty in break from US networks

In an increasingly uncertain global economy, Europe is rushing the rollout of a ubiquitous payments capability free from US and other foreign networks.

Digital & Online

+4

Small business unites against card scheme "margin grab"
LockSimple

Feb 18, 2026

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Small business unites against card scheme "margin grab"

Ahead of hearings next week, 24 submissions - and counting - have been published by the parliamentary inquiry, with banks joining business in fingering card schemes as a major problem.

Digital & Online

+1

Cloud play to speed up NPP onboarding
LockSimple

Feb 11, 2026

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Cloud play to speed up NPP onboarding

Australian Payments Plus (AP+) hopes to reduce costs and speed up connections to the New Payments Platform (NPP) by enabling participants to integrate their back office via public cloud providers.

Fintech

+1

Corpay Cross-Border extends partnership with Rugby Australia
LockSimple

Feb 11, 2026

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Corpay Cross-Border extends partnership with Rugby Australia

Corpay’s Cross-Border business is extending a collaboration with Rugby Australia as the foreign exchange (FX) payments partner.

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