Briefs: RBA appoints head of banking, QuickFee moves into payments 08 March 2022 5:51AM Banking Day staff RBA, Appointments, Payments, mobile & wallets, Consumer lending Michael Plumb, new head of RBA Banking Department The Reserve Bank has promoted Michael Plumb, its chief representative in New York, to the role of head of banking. Plumb has been at the RBA since 2001. Previous roes include deputy head of economic analysis and deputy head of economic research. The banking department provides banking services to the Australian government and its agencies. Specialist lender QuickFee has entered the payments markets, announcing the launch of a merchant acquiring and payment processing platform. It claims the QUBE platform provides merchants with a “point-of-purchase checkout gateway connected to multiple back-end processors and sponsor banks.” QuickFee’s core business is a form of receivables finance for accounting and law firms, allowing them to set up monthly payment plans for their clients. More recently it has got into the buy now pay later market and it is also getting into the accounting services sector with the development of a digital invoicing platform, QuickFee Connect.
