Ezypay adopts Mastercard tokenisation 20 August 2020 6:43AM Subscription payments provider Ezypay has announced it will adopt Mastercard’s new digital enablement platform to service its business client base. read more
Tyro eyes growth 19 August 2020 6:36AM The economic downturn in the June quarter has crunched the annual growth rate in volumes at Merchant services bank Tyro to 15 per cent. read more
UP doubles depositors as Bendigo mulls identity 18 August 2020 6:31AM UP was Australia’s largest neobank at the end of June. read more
Cost blowouts crunch Bendigo bottom line 18 August 2020 6:30AM Bendigo Bank scrip was pummelled on Monday after it unveiled a sharp slide in full year profit and the board deferred a decision on whether to declare a final dividend to shareholders. read more
Local Wirecard sale hangs on loyalty of bank clients 13 August 2020 6:37AM The administrators of Wirecard’s New Zealand operation have told Melbourne staff they hope to find a buyer for the troubled company by the end of the month. read more
Westpac sinks more cash into Beem It 12 August 2020 6:13AM Westpac has tipped more capital into the struggling instant payments platform Beem It despite a strategic review of the business and decline in transaction volumes triggered by the meltdown of the hos.. read more
BOQ tightens mortgage assessment criteria 11 August 2020 6:08AM Bank of Queensland has introduced restrictions on home lending following the completion of an internal review of home loan risk assessment and the release in late July of the federal government’s blea.. read more
Westpac turns to least cost routing to retrieve SME borrowers 06 August 2020 6:43AM Stemming the decline in its SME lending looks to be one motive for Westpac’s move to proactively market least cost routing on payments to merchants, with most SMEs likely to garner savings from the se.. read more
Mortgage brokers hit by delays on Citi accreditation 06 August 2020 6:42AM Citi Australia’s efforts to invigorate its local home loan business have hit a snag with mortgage brokers encountering delays in securing accreditation from the bank. read more
ANZ, NAB mull sale of non-branch ATMs 05 August 2020 6:31AM The battle for control of Australia’s ATM management and cash logistics sector is intensifying. read more