Payments

A new partnership has been announced that will tackle the problem of late payments for Australia’s two million small- to medium-sized companies.

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Volt has partnered with technology company FIS to power its mobile and card payment services as it moves to offer services to consumers.

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Fintechs have been cited as the motivation for a recent update to the Exchange Settlement Account policy by the Reserve Bank.

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Commonwealth Bank’s digital broking platform CommSec has launched a micro-investing app for retail users.

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Westpac had partnered with Kounta to help make in-store payments a faster and more seamless experience for retailers.

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