Android Pay

• George Lekakis

Worldpay, the global online payments processor, is eyeing a large slice of the Australasian merchant acquiring market after announcing an expansion of its operations in Australia and New Zealand. read more

• George Lekakis

In a double whammy for the big banks that dominate the payments cards space, all card interchange fees will be abolished by the end of next year, while merchant fees may also be capped. read more

• Banking Day staff

Fitch Ratings has revised its outlook on New Zealand Association of Credit Unions (trading as Co-op Money NZ) to Negative from Stable and affirmed its Long- and Short-Term Issuer Default Ratings at 'B.. read more

• George Lekakis

eftpos has taken a big stride into the fast-growing contactless payments market after tying a deal with ANZ and Cuscal to accept Android Pay transactions through its platform. read more

• Banking Day staff

Google has launched its Google Payment API, as promised in May, allowing android phone users to pay in app or online using saved credit or debit cards. read more

• Banking Day staff

Loan and payments company Latitude Financial predicts mobile apps will replace cards "in the medium term", once the major banks all roll out digital payment options. read more

• Banking Day staff

Shadow treasurer Chris Bowen will make the case for engagement with Asia in "a major address" on Friday in Sydney. read more

• Ian Rogers

Thirty-eight bank and credit union affiliates of Cuscal will offer Samsung Pay from today. read more

• Bernard Kellerman and Ian Rogers

Bank of New Zealand has drummed up scant interest in Android Pay and NAB shared no data on demand in Australia. As for Apple Pay, NAB's silent on talks with Apple and coy about UBank's status. read more

• Banking Day staff

Bank of America reported its first quarter's results overnight, unveiling a net income of nearly US$4.9 billion, up 40 per cent from 1Q16. read more

• Ian Rogers

Apple Pay looks a massive flop in Australia, the same as Android Pay. Theorise all you like on the rise and demise of digital wallets, there's scant data to contradict it. Crumbs from CUA and ANZ are.. read more

• Ian Rogers

It's showtime in Australian banking's tribute to a WWE slapdown. Apple, the US IT upstart takes on the financial establishment. Banks are cocky. The ACCC will raise the winner's arm around mid-March. read more

• Ian Rogers

A new study predicts the global spend via mobile wallets, currently concentrated in the east Asia region, will rise by nearly 32 per cent this year to US$1.35 trillion. read more

• Ian Rogers

The march of contactless card payments towards ubiquity is proceeding. At MasterCard, contactless payments now account for more than 80 per cent of payments. read more

• Ian Rogers

Around 18 per cent of retail banking customers in Australia use a mobile wallet linked their account. read more

• John Kavanagh

Westpac has launched an Android Pay service, offering another digital wallet to a so far unenthusiastic market. read more

• Banking Day staff

Benchmark manipulating by ANZ and Macquarie traders in Singapore may end up costing the two banks even more, with the A$15 million fine deemed insufficient by a Federal Court judge. read more

• John Kavanagh

In their ongoing wrangle with Apple, Australian banks insist that relying on the Android platform for a digital wallet is a hopeless option. They warn that, if forced down that path, local wallets wou.. read more

• Ian Rogers

A row over business rules around digital wallets among card schemes has the Payments System Board riding shotgun. Look out for a consultation paper next month. Three years ago Eftpos had a hand from t.. read more

• Banking Day staff

Bendigo Bank has launched an Android Pay service, offering it with a new Protect+Pay app. read more