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Cuscal has rejected claims that it is preparing to restructure the transaction fees it charges fintech clients for connecting them to the New Payments Platform. read more

Fintechs operating as overlay service providers through the New Payments Platform could incur higher costs for using the real time network under pricing changes expected to take effect in 2023. read more

The ACCC has deferred making a decision on the proposed merger of the country’s three domestic payments schemes until September. read more

The Reserve Bank of Australia has revealed the major banks are likely to appoint “more senior” directors to oversee the country’s three domestic payments schemes if the ACCC approves their planned mer.. read more

The word seems to be filtering through the well-heeled circles of Adelaide and other parts of Australia that online home lender Tic:Toc might be preparing to launch an IPO of its business. read more

Eric Wilson, the founder of the company formerly known as Xinja Bank, has resigned from the board. read more

The founders of Australia’s newest bank – Alex Bank – are vowing to make retail banking a fairer and simpler experience for customers. read more

The industry committee advancing the case for combining Australia’s three domestic payments schemes has urged the ACCC to approve the proposed merger because it will improve competition. read more

Before he makes another triumphant presentation to institutional investors about Commonwealth Bank’s alleged industry-leading “digital experiences”, chief executive Matt Comyn should be asked to accou.. read more

SocietyOne is the latest domestic lender to pour more resources and specialist staff into managing its interactions with brokers. read more