At the centre of the scrutiny is a striking figure highlighted by the Reserve Bank of Australia: Australian acquirers and issuers paid around $2 billion ...
On 27 January 2026, a Tuesday morning that started like any other for Australia's banks, an expired intermediate certificate on a database platform quietly severed ...
Mastercard just dropped $1.8 billion on a stablecoin infrastructure company called BVNK. Visa is quietly wiring stablecoin-backed cards into 100+ countries, including Australia. ...
The collapse of the four day Byron Bay Bluesfest music festival only weeks ahead of Easter has caused confusion around ticket refunds, with consumers forced ...
Last week, the Australian Treasury issued Tranche 1 exposure draft legislation intended to modernise the regulatory framework for Payments service providers (PSPs). ...
Ordermentum has secured a $55 million investment from Five V Capital following a global process run by Barrenjoey, as the food and beverage industry faces sustained margin pressure and an urgent need for AI-enabled…
Scammers are promoting fake crypto asset trading platforms to people who have joined ‘share trading’ or ‘stock tips’ message groups, according to ASIC and the NASC.
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TRENDING STORIES ▸
Payments Spotlight ▸
Debit transactions at EFTPOS terminals provided a practical alternative to cash and credit, allowing consumers to pay directly from their bank accounts at the point ...
The first EFTPOS transaction in 1984 has fundamentally changed the way we pay. In January this year Reserve Bank data revealed Australian card payment volumes ...
This Handicard card was the same one used for ATM transactions, was validated by a PIN and used on a PoS device that had similar ...
COMMENTARY ▸
These past few weeks, Cuscal hit record highs of $4.98. It’s settled down to close at $4.57 yesterday. Consider that it floated in November 2024 at $2.50 and that’s a solid gain for investors.
THE PAYMENTS SPOTLIGHT
Electronic payments started from humble beginnings but the acceleration and constant upgrading over the last 40 years has been a technological feat, and in amongst it all has been ANZ driving the change.
Banks ▸
The move was flagged last week on the bank's website. “All new business credit card accounts that are opened from 25 May 2026 will be ...
Banks and fintechs have applauded plans announced in last week’s budget to explore the potential to extend the Consumer Data Right for taxpayers to safely ...
As question marks over the future of competing Bulk Electronic Clearing System continue to plague the busy NPP A2A paytech sector, NAB has seized the ...
In its update, CBA said it had “continued to focus” on expanding the business franchise and emphasised that growth was spread across a range of ...
When the NSW Government’s announcement of INIT and Trapeze as the winners of the $820m Opal 2.0 tender deal last month, it signalled the end ...
Cash ▸
Aussies were reluctant to fork out for transport and recreation during April, but discretionary spending only dipped slightly, recent CBA data shows. ...
Australian banks and payment providers are beginning to take their obligations to report and disconnect illicit tobacco peddlers very seriously, with AUSTRAC seeing a surge ...
Small business groups are seeking urgent clarification from the Reserve Bank of Australia and the Australian Competition and Consumer Commission on how merchants can legally ...
Eftpos held steady at 0.42%, having declined through the end of 2025. However, the competitive gap between eftpos and the international schemes has widened to ...
Westpac Head of Product, Everyday Banking, Ray Lam. ...
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Topics: cards ▸
The RBA's decision to ban card surcharges from October is already reshaping the airline industry and shareholders in travel group ...
Based on recent similar deals, the partnership that will transform the venue currently known as Qudos Bank Arena into Afterpay ...
Topics: SCAMS & fRAUD ▸
The financial services sector remains in the dark about who has been found to be in breach of mandatory compliance ...
Scammers are promoting fake crypto asset trading platforms to people who have joined ‘share trading’ or ‘stock tips’ message groups, ...
Topics: a2a ▸
The financial services sector remains in the dark about who has been found to be in breach of mandatory compliance ...
The PSPs briefed by AP+ staff at the forum on 30 April included representatives from Azupay, Bolt Group, Constantinople, DSPANZ, ...
by the editor ▸
Ordermentum has secured a $55 million investment from Five V Capital following a global process run by Barrenjoey, as the food and beverage industry faces ...
Scammers are promoting fake crypto asset trading platforms to people who have joined ‘share trading’ or ‘stock tips’ message groups, according to ASIC and the ...
The RBA's decision to ban card surcharges from October is already reshaping the airline industry and shareholders in travel group Webjet have been amongst the ...
Outgoing ASIC Chair Joe Longo wants fintechs and payments platforms to take advantage of new regulatory settings and challenge the banks at their own game ...