NPP stories
With cheques disappearing, Australian firms face delays and unclaimed funds when payout details are missing or outdated, Commonwealth Bank said.
Nearly three-quarters of large Australian companies now know the shift is coming, as real-time payments promise better cash flow and controls.
Delayed cross-border payments are costing banks millions and leaving businesses chasing funds they cannot trace.
Small businesses face disruption as Australia phases out cheques by 2029, with 3.5 million bank cheques still unbanked.
Businesses could still face costly disruption unless Australia turns its account-to-account payments blueprint into systems people can actually use.
Scammers are exploiting Prime Day shopping sprees as Australia's new rules aim to stop fraudulent texts, emails and instant payments.
Australian small businesses face tighter super deadlines from 1 July, as a clearing house used by 250,000 firms is set to close.
Telstra store customers can now verify their identity through a bank in seconds, cutting document handovers and helping curb fraud.
Cash and card firms stand to gain from Paymentology's Australian push, which links local rails with global schemes and key domestic partners.
The app’s 3 million users will see no immediate changes as ownership shifts to Bolt Group, with the deal due to complete by June.
Checkout prices should become clearer for Australian shoppers as the Reserve Bank bans surcharges and trims card fees from October.
Monoova launches FX Hub to unite local collections, FX conversion and global settlement in one automated flow, cutting delays and complexity.
Employment Hero debuts real-time Payday Super pilot, processing Australia's first in-payroll super payment ahead of 2026 mandate.
Employment Hero's HeroClear processes what it claims is Australia's first real-time super payment, as employers brace for 2026 Payday Super rules.
Snapchat users in Australia can now verify they are over 16 via banking apps, protecting privacy by avoiding data sharing or uploading identity documents.
Spaceship partners with Zepto to introduce PayTo, enabling fast, secure real-time payments for Australian investors within their banking apps.
Platforms handling multi-party payments could cut delays and reconciliation work as Hello Clever ties funds to real-time domestic rails.
Bank-led name checks in Australia and New Zealand are eroding the niche that made Eftsure easy to sell a decade ago.
Australia’s smallest employers face heavier payroll compliance as PaySauce targets 694,000 micro-businesses with new hires and AUD $4 million backing.
Banking Circle wins 2026 AP+ committee seat, vowing to champion fintech needs and speed instant payment adoption across Australia.
