Tyro Payments

• Ian Rogers

An ordinary result for payments processor and struggling banking disruptor Tyro may leave the firm and one of its principal partners wondering about the value in their three-year old relationship. read more

• John Kavanagh

A former agent of Tyro Payments, Kounta Pty Ltd, has agreed to withdraw legal action against Tyro and pay substantial damages. read more

• John Kavanagh

Tyro Payments has won a breach of contract case against one of its agents, with the Supreme Court of New South Wales restraining Kounta Pty Ltd from trying to sell competing services to Tyro merchants.. read more

• John Kavanagh

When financial technology company FIS asked banks and other financial services executives at the end of last year what their priorities were for investment in business innovation in 2023, embedded fin.. read more

Tyro Payments has taken legal action against one of its agents, claiming that it breached its obligations under the agency agreement by offering a competing product to Tyro merchants. read more

• John Kavanagh

Tyro Payments chief executive Jon Davey is determined to maintain the focus on efficiency that helped deliver strong results in the year to June, and that includes reviewing the role of banking in the.. read more

• John Kavanagh

Potentia Capital Management has ended its long-running negotiations with Tyro Payments over a takeover of the payments processing company. read more

• Banking Day staff

Former investment banker Carolyn Kay and media executive Christine Fellowes have joined the NAB board as independent non-executive directors. read more

• Banking Day staff

Payments company Tyro has upgraded its 2022/23 earnings guidance, saying it expects EBITDA to be between A$41 million and $43 million. read more

• Banking Day staff

After six years at Tyro as chief product officer, Bronwyn Yam has moved to Cuscal as its new chief product officer. read more

• John Kavanagh

Tyro Payments has reported its first profit since listing on the ASX in 2019 and sent a message to its suitors that the company is starting to show its long-term earnings potential and will not be sol.. read more

• Banking Day staff

Tyro Payments has reached an in-principle settlement of a class action over terminal outages in January 2021. read more

• George Lekakis

Directors of ASX-listed bank Tyro Payments Limited have re-opened the door to Potentia Capital after their decision in December to reject an $875 million buyout offer from the suitor. read more

• John Kavanagh

Private equity investor Potentia Capital Management’s ardent pursuit of Tyro Payments finally produced a positive response last week, when the Tyro board agreed to give Potentia a four-week period of.. read more

• John Kavanagh

Following “extensive” discussions with two suitors over the past few months, Tyro Payments announced yesterday that it has ended talks, despite a significant improvement in one of the proposals.  read more

• Banking Day staff

The payments industry should be in a position to deliver least cost routing functionality for mobile wallet transactions by the end of 2024, the Payments System Board said yesterday. read more

• John Kavanagh

Westpac’s announcement that it is in takeover talks with Tyro Payments follows news earlier this year ANZ formed a joint venture with French payments company Worldline.  read more

• John Kavanagh

Tyro Payments has appointed Jonathan Davey, the head of its health division, as its new chief executive.  read more

• John Kavanagh

Tyro Payments has rejected an opportunistic A$1.27 a share bid for the company from a private equity consortium, arguing that the proposal “significantly undervalues” the company. read more

• John Kavanagh

Tyro Payments has cut staff numbers and increased merchant service fees in a bid to meet its goal of generating free cash flow by the end of the current financial year. read more