Payments System Board (27 items)

Jane Hume carries financial chalice

Two junior ministers will share responsibility for financial services in Scott Morrison’s new government. Michael Sukkar returns as assistant treasurer and also minister for housing, while Jane Hume will be assistant minister for superannuation and financial services. read more

Carney competes for fintech spotlight

There is "a growing pipeline of firms" - make that fintechs - clamouring for access on level terms with banks to the central bank's most vital, and real-time, payments processing. At least in England, or so BOE governor Mark Carney told a London fintech fiesta last night. read more

Android NFC no match for Apple's, plead banks

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 would expire from the user disinterest that killed off the New Zealand scheme Semble, the Canadian scheme suretap, the CurrentC scheme set up by US retailers, and the Swiss scheme Paymit. read more

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