CommBank Loses $2 Billion On BNPL Punt
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July 5, 2022
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In February, Commonwealth Bank’s stake in Swedish buy now pay later business Klarna was valued at A$2.4 billion, according to the bank’s... Read More
Australia’s Direct Debit System Overhauled
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June 30, 2022
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A new direct debit payment feature goes live today, giving customers more flexibility and control over recurring payments. PayTo is part of... Read More
Cash Rate Likely To Hit 1.35% Next Month
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June 8, 2022
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The Reserve Bank of Australia is expected to hike the cash rate another 0.5 per cent in July, where it will reach... Read More
Apple Controls 40% Of Aussie Tap-And-Go Payments
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June 3, 2022
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Apple is the target of proposed regulations that will see its market share in the tap-and-go market dwindle. At the moment, Apple... Read More
Australia Gets Strict On Big Tech Payment Systems
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December 8, 2021
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Treasurer Josh Frydenberg will today legislate a new power that will legislate Apple, Afterpay, Google, and any tech giant playing in the... Read More
Commonwealth Bank Is Now Accepting Crypto
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November 3, 2021
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In a huge move for the Australian finance industry, Commonwealth Bank has today announced it will allow customers to trade and hold... Read More
Paying By QR Code: Aus Retailers Trial New Tech
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October 13, 2021
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The QR code looks to be a failed technology before the pandemic. Like the MiniDisc before it, it had tried and failed... Read More
ACCC Investigating Apple Pay
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September 13, 2021
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The Australian Competition and Consumer Commission has officially launched a formal investigation into how Apple’s ‘tap and go’ feature on iPhones controls... Read More
Apple Returns Fire At Commbank Chief Over Apple Pay
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August 27, 2021
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Apple has excoriated Commonwealth Bank CEO Matt Comyn over what it labels as “misleading and false” comments made about Apple Pay before... Read More
End Of An Era: Mastercard First To Ditch Magnetic Stripes
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August 18, 2021
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Mastercard is set to ditch the magnetic stripe from all its cards by the end of the decade as chip cards continue... Read More
