Payments News
Commonwealth Bank of Australia is working on a scam busting joint venture with local telco Telstra that could save customers up to $20 million in annual authorised push payment fraud.
Airwallex has offered Australian customers a 45 basis point reduction in what they pay to take online payments done by domestic credit and debit cards
The Bank for International Settlements (BIS) Innovation Hub Singapore Centre has developed the Nexus concept of a multilateral network connecting multiple domestic instant payment systems (IPS)
Fintech Conferma Pay has partnered with Boost Payment Solutions to accelerate the uptake of virtual cards for B2B payments
Pidgin, a secure, real-time payments platform built for the future of payments, has partnered with Effectiv, a fraud-fighting and compliance automation platform to help financial institutions monitor transactions to detect and prevent payments fraud in real time.
Money transfer startup Atlantic Money has taken its complaint about being de-listed from rival Wise's price comparison search engines to the EU Directorate-General for Competition.
