Australia is on the cusp of a digital revolution that will transform its financial services. The legacy Bulk Electronic Clearing System, used for electronic debit and credit payment transactions,...
The New South Wales government is readying plans to complete its transition to Australia’s real-time payments system, with the digital foundations that will enable the shift already in place at...
Three weeks after the launch of the National Payments Platform (NPP), Commonwealth Bank says it is signing up consumers for its PayID service at the rate of 10,000 people...
Disruption is streaming through the arteries of Australia’s financial institutions as they attempt to ward off new payments giants like Apple, adapt to FinTech athleticism and a new open...
The Productivity Commission’s draft report into competition in the Australian financial system says we lack robust price rivalry, that FinTechs and neo-banks should have better market access, and that...