http://www.bankingday.com/index.php Banking Day en-au Copyright Banking Day 2010 hourly 1 1970-01-01T00:00+00:00 http://www.bankingday.com/RDF/manage_head1.gif http://www.bankingday.com/ Banking Day http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13878 Use of scheme debit cards to make payments is growing quickly once more, perhaps fuelled by the need for a MasterCard- or Visa-branded card to make purchases online. Banking Day 2012-10-15T07:26:14+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13875 OzForex, a foreign exchange payments processor, plans to introduce a service that will allow international account-to-account transfers, the Financial Review reported. Banking Day 2012-10-15T07:24:43+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13855 Ultradata Australia, which supplies the core computer systems to many of Australia’s credit unions, has unveiled a mobile payment application that allows people to make payments armed only with the recipient’s mobile phone number or email address. Banking Day 2012-10-09T07:13:42+11:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13841 Having pioneered mobile banking in 2010, with its goMoney app for iPhones, ANZ is now looking to refresh its reputation as a technology innovator. Accordingly, the bank announced a slew of new consumer applications and small business systems yesterday. Banking Day 2012-10-05T06:33:55+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13819 BPay has sent out a request for information to help the bank-owned firm devise a solution for the real time payments processing hub that the Reserve Bank of Australia is pushing the industry to establish. Banking Day 2012-10-01T07:10:52+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13802 While banks and their partners in Australia grapple for a viable – and independent – model for mobile payments, the industry is taking a collaborative approach in New Zealand. Banking Day 2012-09-27T06:54:56+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13755 When Apple failed to include a Near Field Communication chip in the iPhone 5 last week some saw it as a signal that NFC was immature and that consumers are not ready to embrace contactless payments. That’s not the case. Contactless terminals are now common in Australia. Banking Day 2012-09-18T07:09:48+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13748 Citibank is relaunching its Diners Club business in Australia with an advertising campaign that has a strong focus on travellers. Banking Day 2012-09-17T07:14:14+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13699 A mystery Asian investor is said to have agreed to fund the unprofitable ATM operator GRG International in the purchase of the US-based manufacturing business Triton. Banking Day 2012-09-07T06:54:52+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13674 Holders of scheme debit cards will once more have the option of pressing the credit button at the payments terminal at Woolworths after the retailer negotiated a compromise with MasterCard and Visa over the issue. Banking Day 2012-09-04T07:08:19+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13659 Westpac is running a trial to allow customers with a debit MasterCard to turn their Android smartphones into contactless payment devices. The bank has partnered with Optus and Oberthur Technologies for the pilot, and hopes to release the system next year. Banking Day 2012-08-31T07:09:30+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13589 An Eastern European criminal syndicate hacked into a small Australian business and stole details of half a million credit cards from the company’s network, SC Magazine reports. Around A$25 million in suspect transactions are under review. Banking Day 2012-08-20T07:13:26+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13518 The drive for speed and convenience in retail banking is changing the way financial institutions manage security, with NAB now promoting faster log-ins for mobile banking. Banking Day 2012-08-02T06:53:42+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13431 Clarification: Pre-paid cards market opportunity Banking Day 2012-07-11T06:43:56+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13422 Consumers take on risks when they use gift cards but the problems are not so serious that they warrant a regulatory response, a review has found. Banking Day 2012-07-09T07:00:04+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13416 Commonwealth Bank has finally released an Android version of its Kaching mobile payments app. It has also upgraded Kaching's iPhone version, which allows payments to be made between two Kaching-enabled iPhones by physically bumping them together. Banking Day 2012-07-06T07:09:36+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13415 Innovation around mobile payments is bouncing along, with payment services provider Paymate launching a smartphone application that turns the phone into a payment terminal. Banking Day 2012-07-06T07:08:51+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13354 Mobile-to-mobile payment is the most popular payment option used by those customers of Commonwealth Bank with the bank's Kaching application on their smart phone. Banking Day 2012-06-22T06:49:52+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13330 A proposed merger of two consumer payments firms in New Zealand won't proceed after the Commerce Commission resolved to block the deal. Banking Day 2012-06-18T07:12:28+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13313 Credit card schemes will be able to reclaim their power to sanction banks that tolerate excessive surcharging of purchases made with payment cards once card scheme regulations come into force from the beginning of next year. Banking Day 2012-06-13T06:52:32+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13310 The use of cheques continues to fall steadily. The 16.7 million cheques written by businesses and consumers in April was the smallest number ever recorded by the Reserve Bank’s cheque payments' data series. Banking Day 2012-06-13T06:43:39+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13299 The Payments System Board hopes to steer the banking industry towards a consensus on a new investment program that will deliver real-time payments, improved remittance data, a new numbering system and a new hub. And it wants most of this work done by the end of 2016. Banking Day 2012-06-08T07:22:23+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13268 The business model of taxi payments processor Cabcharge may take a knock if the government in Victoria adopts proposals suggested by an inquiry headed by two former competition regulators. Banking Day 2012-06-01T07:14:35+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13251 The Reserve Bank plans to take a bigger role in directing co-operative infrastructure developments in the payments system and the first item on its agenda is real-time payments' processing. Banking Day 2012-05-29T07:20:34+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13246 Banks have a big opportunity in the field of identity management, according to Lazaro Campos, the chief executive of international payments standards body SWIFT. Banking Day 2012-05-29T07:09:51+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13229 More information on the importance of the mobile phone as a banking interface emerged this week, with NAB revealing that its customers funnel A$1 billion worth of transactions each month through their mobiles. Banking Day 2012-05-25T07:19:36+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13233 ... Banking Day 2012-05-25T07:18:56+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13198 Consumers are proving slow to respond to innovation in the payments market, according to new research. Banking Day 2012-05-18T06:56:13+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13180 Rebates paid by operators of automatic teller machines are on the rebound, suggesting that consolidation in the sector is serving to intensify competition for sites among ATM operators. Banking Day 2012-05-15T07:07:17+10:00 http://www.bankingday.com/nl06_news_selected.php?act=2&selkey=13098 Outsiders to the existing Eftpos club are calling for a broader definition of the debit payments system in Australia if the Payments System Board opts to update (rather than abandon) its "designation", or regulation, of this ubiquitous form of payments. Banking Day 2012-04-24T07:05:50+10:00