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NAB launches Nexus hub as cyber threats surge
LockSimple

Jun 24, 2026

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NAB launches Nexus hub as cyber threats surge

NAB has unveiled a new around-the-clock operations hub that brings together cyber, fraud, payments and security teams as Australian banks confront increasingly sophisticated AI-powered scams and cyber attacks.

Fintech

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Payments win as Hello Clever dominates Finnies
LockSimple

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.

Merchant Service Fees

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Peaking too early - beware premature terminal offers
LockSimple

Jun 24, 2026

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Peaking too early - beware premature terminal offers

Ahead of the publication of new interchange rates and “no surcharge” rules being imposed on October 1, acquirers are suddenly overflowing with bonus gift cards, fee free periods and soon-to-be-redundant “zero cost EFTPOS” offers. To say that the payments market is in a state of chaos would be an understatement.

A2A

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Zombie fraud accelerates PayTo liability upgrade
LockSimple

Jun 24, 2026

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Zombie fraud accelerates PayTo liability upgrade

A $3 million Revolut zombie fraud incident appears to have accelerated an upgrade of PayTo, with a meeting of the industry’s top brass demanding the urgent fix to the fraud liability framework and the blocking of new risky merchants until the issue is resolved.

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