Payments

Payments technology provider Stratus Technologies has stressed that Australian financial institutions must focus on resilient and secure systems to maintain consumer trust.

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A new solution for derivatives transaction and position reporting under ASIC’s reporting requirements has launched in Australia.

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The business-only bank Tyro has announced that it is integrating with the world’s largest mobile and online payment platform in an Australian first.

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Afterpay has taken another step in its plans for global expansion after having closed a capital raising round at $117 million and completing its acquisition of a major stake in a similar UK-based ‘buy now, pay later’ payments firm.

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The Reserve Bank of Australia’s financial system assistant governor Michele Bullock has expressed her disappointment at the major banks’ efforts in rolling out the New Payments Platform.

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