Debenture decision all backwards 15 March 2024 5:13AM Latest news Ian Rogers In a decision that seems unlikely to stand, the Federal Court has found that Finder Wallet Pty Ltd’s crypto product Finder Earn is not a debenture. read more
Time for some innovation in 'narrow and generic' digital wallet market 13 April 2023 5:04AM Latest news John Kavanagh The offerings of digital wallet providers in Australia remain “narrow and generic”, according to payments industry leaders. read more
Zai talking Assembly Payments 04 November 2021 7:04AM Latest news rogers, Ian Rogers Zai (www.hellozai.com) replaces the Assembly Payments brand. read more
eftpos Red roller tests banking 15 March 2021 7:01AM Latest news Ian Rogers Red apple peel or a Woolworths discard? eftpos, thinking big, are retooling branding amd imagery and a chance to stans clear of the 3-wau payments scheme merger going nowhere. read more
POLi surplus to Post 06 September 2019 4:36PM Payments, mobile & wallets Ian Rogers Australia Post is scouting for a buyer for its POLi Payments service, five years after acquiring the business. read more
Alipay leads wallets waltz 04 September 2019 3:47PM Payments, mobile & wallets Ian Rogers Savings behaviour is far more effective, around six times more, than the best interest rates to help people to save money. read more
Banks left in cold as Facebook ramps up Libra 19 June 2019 11:00AM Payments, mobile & wallets Ian Rogers A Who's who of the Libra world, featuring Mastercard, PayPal, Visa, Uber and Women's World Banking. read more
Tencent chats top Oz bank 11 December 2018 4:31PM Payments, mobile & wallets George Lekakis One of China's fastest growing digital wallet providers, WeChat Pay, is preparing to deepen its presence in the Australian market next year in an effort to upset the first-mover gains made by its nati.. read more
$19 Squared BBQs BOQ 17 July 2018 2:45PM Bank of Queensland Banking Day staff Squareup, a Silicon Valley challenger in banking counts Bank of Queensland as a point of deeper engagement with the Australian banking scene. read more
ANZ responds to App security concerns 17 July 2018 2:41PM ANZ George Lekakis ANZ has rejected some of the findings of a Forrester Research report, which last week failed the performance of the bank's mobile banking app because of concerns over security and a lack of customer.. read more
NPP starting to gain acceptance 01 June 2018 5:15PM Payments, mobile & wallets Banking Day staff There are currently nearly 65 financial institutions offering services via the New Payments Platform, and this is set to grow further in coming weeks, says NPP Australia. read more
Sydney Ferries welcomes eftpos aboard 20 April 2018 5:47PM Payments, mobile & wallets Bernard Kellerman The contactless transport payment trial with Mastercard, Visa and American Express will continue to run through 2018, and Transport for NSW is also working with eftpos to consider how it can be includ.. read more
New Beem boss faces up to brand blunder 20 March 2018 6:10PM Payments, mobile & wallets George Lekakis Commonwealth Bank's Let's Pay subsidiary is progressing the roll out of its Beem mobile payments platform after making a string of senior executive changes to oversee the management of the fledgling b.. read more
Foreign news: WorldRemit takes on New York, UK peer to peer lender shuts down, mobile payments boom 02 March 2018 6:12PM Foreign news Banking Day staff International money transfer service WorldRemit has launched in New York, targeting the state's 4.5 million immigrants with its low cost service. read more
CBA's Beem pilot upset by rival brand 01 March 2018 5:55PM Payments, mobile & wallets George Lekakis Commonwealth Bank's pilot of the "Beem" mobile payments service is facing a potentially serious challenge to its business case after it emerged that another digital payments company has been piloting.. read more
Foreign News: Pay with Google goes live, RBS under fire again, Merrill Lynch fined, ex-HSBC currency 24 October 2017 5:29PM Foreign news 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
ANZ expands Apple Pay wallet to snare eftpos customers 19 October 2017 5:34PM Major Banks Bernard Kellerman Of all the Big Four banks, ANZ remains alone in its willingness to deal with Apple Pay and is therefore the only major bank that can utilise the new technology, as it has done by making mobile payment.. read more
eftpos pairs up with Apple Pay 18 October 2017 6:19PM Payments, mobile & wallets Banking Day staff ANZ Access Card customers will now be able to make in-store eftpos purchases using their iphone or Apple Watch. read more
Non-cash payments to accelerate as cash becomes obselete 11 October 2017 5:40PM Payments, mobile & wallets Bernard Kellerman Global digital payments volumes are predicted to increase by an average 10.9 per cent through to 2020, reaching nearly 726 billion transactions, according to the Capgemini World Payments Report 2017. read more
Two immobile hurdles: cash and NFC 26 July 2017 3:34PM Payments, mobile & wallets Ian Rogers Mobile payments remain cellar dwellers in the payments mix in Australia, accounting for only "around one per cent of the number of point-of-sale transactions" over a week surveyed by Ipsos for the Res.. read more