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Banks

Visa ascendent in business card market as Westpac switches

Visa ascendent in business card market as Westpac switches

The move was flagged last week on the bank's website. “All new business credit card accounts that are opened from 25 May ...
Budget plan to share tax data could reduce mortgage fraud

Budget plan to share tax data could reduce mortgage fraud

Banks and fintechs have applauded plans announced in last week’s budget to explore the potential to extend the Consumer Data Right for ...
NAB nabs loss-making Banked for a song

NAB nabs loss-making Banked for a song

As question marks over the future of competing Bulk Electronic Clearing System continue to plague the busy NPP A2A paytech sector, NAB ...
Business credit is where the action (and interchange) is

Business credit is where the action (and interchange) is

In its update, CBA said it had “continued to focus” on expanding the business franchise and emphasised that growth was spread across ...
CBA’s lucrative NSW transport acquiring deal remains in place for now

CBA’s lucrative NSW transport acquiring deal remains in place for now

When the NSW Government’s announcement of INIT and Trapeze as the winners of the $820m Opal 2.0 tender deal last month, it ...
Visa partners to test agentic ecosystem

Visa partners to test agentic ecosystem

Visa has announced its first Aussie partners in its Agentic Ready Program, enabling banks and fintechs to test and validate agent‑initiated payments ...
Westpac brings back cardless cash withdrawals … with a twist

Westpac brings back cardless cash withdrawals … with a twist

Westpac Head of Product, Everyday Banking, Ray Lam. ...
Paperwork: Why Xero won’t join Australia’s open banking yet

Paperwork: Why Xero won’t join Australia’s open banking yet

Xero head of global public policy Grace Gown. ...
CBA selects FIS to streamline reconciliations

CBA selects FIS to streamline reconciliations

CBA has selected global financial technology, FIS to streamline reconciliations through FIS’ Data Integrity Manager ensuring financial accuracy by verifying millions of ...
Can open banking help tackle Australia’s $82 billion illicit finance problem?

Can open banking help tackle Australia’s $82 billion illicit finance problem?

Some of the best minds in Australian fraud detection and fintech (Apate AI, DoxAI, Ashurst, AFCA, AUSTRAC and AusPayNet among them) gathered ...
Westpac and NAB ramp up as paytechs grab small business lending

Westpac and NAB ramp up as paytechs grab small business lending

After years of neglect, Australia's Big Four banks are once again scrapping for small business customers but now the threat isn't just ...
ANZ introduces streamlined international money transfers

ANZ introduces streamlined international money transfers

ANZ’s building on its existing offering with an enhanced feature to deliver what they said will be a seamless and secure experience ...
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Visa ascendent in business card market as Westpac switches

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