From the second half of next year, CBA business customers will be able to accept payments of up to A$100 by just tapping on their Samsung phone with a contactless card or mobile wallet, reports Finextra. But it will, initially, only be able to be used for payments made with Mastercard. CBA will use a white label version of Mobeewave's SoftPOS technology and Digital Enablement from Idemia. Mastercard's Sam Barr said: 'This pilot  brings us one step closer to our vision of enabling every device to become an acceptance device." Finextra says the SoftPOS technology, which requires no additional hardware plus ins,  is "a real threat to the dongle-dependant mPOS tech of firms like Square". ANZ is now the primary source of funding for its subsidiary, UDC Finance, while it waits for regulatory approval in New Zealand for the sale of UDC to Chinese conglomerate HNA, reports interest.co.nz. UDC's annual report for the year to September 30 shows that ANZ advanced NZ$1.385 billion to UDC, up from $595 million the previous year. Public debenture holders collectively withdrew over $550 million over the same period.