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Discover all the payments and fintech-related news and analysis about Australia in The Paypers News, Reports, along with other Australia-specific insights on the payments and fintech industry:

Discover all the payments and fintech-related news and analysis about Australia in The Paypers News, Reports, along with other

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Australian government selects iProov for ID verification

News | Digital Identity, Security & Online Fraud | 16 Mar 2021

The Australian Taxation Office (ATO) has settled on the iProov liveness detection solution for the government's myGovID digital identity credentialing app.

iProov, KYC, identity verification, digital identity

CBA to use custom-build algorithms to help customers impacted by disasters

News | Online & Mobile Banking | 16 Mar 2021

Commonwealth Bank of Australia has announced using custom-built algorithms to keep track of natural disasters and bad weather events across the country to offer same-day assistance to impacted customers. 

data, product launch, digital banking

Bank Australia chooses Nuance for voice biometrics verification

News | Digital Identity, Security & Online Fraud | 17 Mar 2021

Bank Australia has announced it will be using Nuance’s voice biometrics technology to verify the identities of its customers.

Bank Australia, biometric authentication, financial institutions, fraud detection

Railsbanks enters the Australian market

News | Online & Mobile Banking | 18 Mar 2021

Railsbank, a Banking-as-a-Service (BaaS) platform, has launched in Australia via a partnership with the country’s neobank, Volt.

BaaS, partnership, banks

Commonwealth Bank of Australia to launch BNPL offering

News | Ecommerce | 18 Mar 2021

Commonwealth Bank of Australia (CommBank) has announced the launch of its buy-now-pay-later (BNPL) offering.

CommBank, BNPL, ecommerce

Geoscience Australia taps Link4's technology for e-invoicing implementation

News | E-invoicing, SCF & E-procurement | 19 Mar 2021

Geoscience Australia have chosen Link4 as their e-invoicing Access Point provider.

e-invoicing, partnership

Australia-based BNPL provider Zip branches into contactless payment

News | Online Payments | 23 Mar 2021

Zip, an Australia-based Buy Now, Pay Later (BNPL) platform, has announced plans to expand into contactless payments.

BNPL, product launch, contactless payments, online payments

eftpos to launch new ecommerce anti-fraud tools in 2021

News | Digital Identity, Security & Online Fraud | 23 Mar 2021

Payments vendor eftpos has announced the launch of two new ecommerce anti-fraud tools in 2021.

eftpos, fraud prevention, 3-D Secure

The Department of Industry, Science, Energy and Resources introduces e-invoicing solution

News | E-invoicing, SCF & E-procurement | 29 Mar 2021

The Department of Industry, Science, Energy and Resources (DISER) has introduced an e-invoicing solution implemented by Xcellerate IT, a provider of business process automation, and Link4, an e-invoicing provider in Australia. 

e-invoicing, product launch, accounts payable

Bookipi launches its invoice payments platform

News | E-invoicing, SCF & E-procurement | 29 Mar 2021

Australia-based fintech Bookipi has launched its new invoice payments platform, BookiPay, in Australia.

fintech, e-invoicing, payments infrastructure, product launch

Afterpay launches virtual card for in-store payments in Australia

News | Ecommerce | 29 Mar 2021

Afterpay has launched a virtual card for in-store payments in Australia.

Afterpay, BNPL, virtual card, ecommerce

Westpac partners with FrankieOne for its BaaS platform

News | Online & Mobile Banking | 30 Mar 2021

Westpac has announced that it is to take on fintech FrankieOne as their identity infrastructure provider for their new business-as-a-service (BaaS) platform.

partnership, fintech, BaaS, banking licence

Mastercard joins FinTech Australia

News | Payments General | 31 Mar 2021

Mastercard has joined FinTech Australia as an ecosystem partner and as an event partner for the 2021 Finnie Awards. 

Mastercard, fintech, partnership

CBA fined with USD 7 mln for overcharging interest to customers

News | Payments General | 08 Apr 2021

The Commonwealth Bank of Australia has been handed a USD 7 million fine for overcharging interest to customers.

banks, regulation

MyLife MyFinance chooses Temenos for digital transformation

News | Online & Mobile Banking | 12 Apr 2021

Australia-based challenger bank, MyLife MyFinance has partnered with Temenos for a digital overhaul of its banking infrastructure. 

partnership, digital banking, online banking, API, fintech

Klarna, Flybuys partner to offer Australians enhanced loyalty rewards

News | Online Payments | 13 Apr 2021

Klarna has partnered with loyalty programme Flybuys to allow customers to earn reward points for every AUD repaid through through the BNPL platform.

Klarna, partnership, BNPL, loyalty programme

Heritage Bank taps EY for Open Banking solution

News | Online & Mobile Banking | 22 Feb 2021

Heritage Bank has teamed up with EY Australia to kickstart its Open Banking capabilities.

Heritage Bank, EY, Open Banking, Australia

Australia's Bank of Queensland to buy ME Bank for AUD 1.33 bln

News | Online & Mobile Banking | 22 Feb 2021

Australia-based Bank of Queensland (BoQ) has announced it will buy ME Bank, a digital lender owned by 26 industry pension funds, for AUD 1.33 billion.

Bank of Queensland, ME Bank, digital lender, equity raise, Big Four, banking, boq, Australia

Heritage, Ernst & Young to offer Open Banking solution

News | Online & Mobile Banking | 19 Feb 2021

Australia-based Heritage Bank has announced it will team up with Ernst & Young Australia (EY) to deploy a new Open Banking solution.

Heritage, Ernst & Young, Open Banking, partnership, EY, CDR, Open Data, Open Finance

Commonwealth Bank of Australia to suggest models for Australia-wide digital ID oversight

News | Digital Identity, Security & Online Fraud | 18 Feb 2021

The Commonwealth Bank of Australia (CBA) has suggested that Australia’s digital ID system oversight is best left to existing, broad-based regulators and, where possible, industry self-regulation.

Commonwealth Bank of Australia, CBA, digital identity, myGovID, data privacy, data security