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Payments

Digital banking app ChimpChange has seen a 42 per cent month-on-month increase in account openings in August.

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Payment fraud in Australia increased in 2015, rising from 58.8 cents to 66.8 cents per $1,000, according to a new report from the Australian Payments Clearing Association (APCA).

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Android Pay, a contactless payment system available to phones using the Android operating system, has been launched in Australia.

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The self-regulatory body for the Australian payments industry, the Australian Payments Clearing Association (APCA), has announced the appointment of a new chief executive.

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US-based transactional bank account provider ChimpChange will raise $15 million when it lists on the ASX this Thursday.

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