Fintech
News about fintechs, start ups and innovative ideas in the payments space
Fintech
+1
Jun 24, 2026
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Payments win as Hello Clever dominates Finnies
Payments was the clear winner at this year’s Finnies, with Hello Clever dominating the night, while Zepto and Remitly also took out major awards.
Fintech
+1
Jun 10, 2026
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Volt and Trade Nation launch real-time payments for Australian traders, starting a global partnership
Kicking off a global launch in Australia with PayID, a partnership between Volt, Trade Nation and Praxis promises to bring A2A capabilities through a single integration to trading clients.
Fintech
+3
Jun 3, 2026
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Fiserv doubles down - bans its merchants from recovering fees from all networks and international tourists
While the Reserve Bank of Australia (RBA) and ACCC have only talked about surcharge restrictions for Visa, Mastercard and eftpos, US payments giant Fiserv’s Australian operation is going the whole hog - banning its unwitting merchant customers from surcharging everything from Amex, China Union Pay and Discover.
Fintech
+1
Jun 3, 2026
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Sydney fintech 6GPI goes after massive SNAP food stamp market in the US, while Zepto offers help to NDIS
Respected solutions architect Dave Pike has walked away from ANZ to set up a fintech that aims to take on fraud in the US$100 billion SNAP food stamp payments market in the US.
Fintech
+1
Jun 3, 2026
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Tyro to fire up banking licence with new hire
Tyro has held a full banking licence since 2015, the first Australian tech company to get one. For most of the years since, it's barely used it. A new job ad, posted by a new CEO with a battered share price, is the clearest signal yet that the quietest asset on Tyro's balance sheet is about to be asked to earn its keep.
Fintech
+2
Jun 3, 2026
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Worldline stays in the frame after finalising divestment of Paymark to Cuscal
Worldline has finalised the divestment of New Zealand’s iconic EFTPOS player, Paymark, to Cuscal for $27.5 million ... but the troubled European payments services business will continue to provide tech and software to Cuscal during a transition phase.
Fintech
+1
May 27, 2026
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Afterpay’s stadium deal signals an aggressive return to the market, with Square by its side
After cutting its local workforce and settling into Australia’s new Buy Now Pay Later regulatory regime, Afterpay is fighting for a bigger slice of the market with a massive stadium sponsorship, going toe to toe with PayPal and the banks.
Fintech
+2
May 27, 2026
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AP+ compliance breaches shrouded in secrecy as incident concerns rise
A published "naughty list" of NPP breaches fails to properly name the companies responsible or the penalties applied, despite increasing concern about recent incidents like the $3 million social media fraud scheme that forced fintech Revolut to suspend its PayTo service.
Fintech
+1
May 27, 2026
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Fintechs scraping bank screens are running out of road: SISS
Australia's screen scraping era is winding down. Banks are layering on multifactor authentication, the Consumer Data Right (CDR) is finally usable at scale, and consumers are twitchy about handing over their internet banking passwords.
Fintech
+1
May 27, 2026
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From Block HQ, ASIC challenges payments fintechs to step up innovation and lending competition
ASIC is preparing a pathway for payments fintechs and platforms like Stripe, Block, PayPal and Tyro to ramp up competition with banks in the increasingly hot business lending market and Buy Now Pay Later.
Fintech
+1
May 27, 2026
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Zii quietly enters the UK PSP market
Aussie PSP Zii has opened up shop the UK with little fanfare, joining Zeller in its pursuit of greener pastures in the British Isles.
Fintech
+1
May 26, 2026
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Box seats for A2A faithful as AP+ opens the kimono at PSP forum
A large group of account to account (A2A) fintechs including Azupay, Bolt Group, Constantinople, DSPANZ, Fat Zebra, Flash Payments, Fusion Pay, Global Payments, GoCardless, Linkly, Merchant Warrior, Monoova, Ozedi, Paydock, Paypa Plane and Stripe have been given a front row seat on development of the New Payments Platform as the debate over its vision and roadmap intensifies.
Fintech
+1
May 20, 2026
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CGT reform fears spark fintech founder backlash over innovation exodus
Australia’s fintech sector has warned proposed capital gains tax reforms could cripple startup investment, weaken employee equity incentives and push founders, talent and capital offshore just as global competition for technology innovation intensifies.
Fintech
+3
May 20, 2026
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Cuscal and Tyro – A tale of two cities
Perception is everything in the financial markets and right now investors like Cuscal but have serious doubts about Tyro’s future, creating a mammoth task for CEO Nigel Lee to re-establish confidence.
Fintech
+1
May 20, 2026
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NAB nabs loss-making Banked for a song
NAB has acquired loss-making account-to-account (A2A) fintech Banked for scrap, as a cloud of uncertainty hangs over the crowded New Payments Platform (NPP) fintech sector.
Fintech
+2
May 20, 2026
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No return date for Revolut PayTo as company clams up in wake of $3m social media zombie fraud
Wannabe Aussie bank Revolut has declined to name a date for the return of its PayTo service after 250 of its “dormant” zombie accounts were used to defraud about $3 million from unsuspecting consumers on social media.
Fintech
+1
May 13, 2026
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Banking Circle customer chaos - first Binance and now Revolut’s $3m zombie PayTo fraud bungle
Hundreds of zombie Revolut accounts have been used to fleece about $3 million using fraudulent PayTo requests via Banking Circle’s tech stack ... but nobody wants to talk about why it wasn't spotted sooner. The "incident" follows another Banking Circle customer - Binance - having to be unplugged unceremoniously from the New Payments Platform (NPP) in January.
Fintech
+1
May 13, 2026
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Bonza and Revolut show how PayTo can go wrong ... but who pays the bill?
Who pays for PayTo fraud and chargebacks is an issue that needs to be ironed out quickly as transactions grow in the market. Monoova confirms what consumers don’t want to hear - “it’s complex”.
Fintech
+1
May 13, 2026
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CBA selects FIS to streamline reconciliations
The Commonwealth Bank (CBA) has enlisted the help of FIS to consolidate and automate reconciliation across the bank, with the solution to process over 150 million transactions daily.
Fintech
+1
May 13, 2026
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Online gambling bans to impact PSPs and fintechs
Payment Service Providers (PSPs) and fintechs are likely to lose a raft of lucrative customers after the Prime Minister announced that bans on online gambling products are being strengthened.
Fintech
+1
May 13, 2026
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Paperwork: Why Xero won't join Australia's open banking yet
Xero is still sitting outside Australia's Consumer Data Right regime, blocked by a bank-administered paper form for so-called "nominated representatives" that 6 in 10 small business customers never manage to sign.
