The Payments System Board will mandate the rollout of least cost routing services by Australian banks unless they lift their performance by the middle of next year.
While the impact of fintechs across the payments market is largely exaggerated, the latest financial reports of the local arms of Stripe and Block Inc indicate that merchant acquiring and payments processing are clear exceptions.
Treasurer announces new board appointments investordaily.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investordaily.com.au Daily Mail and Mail on Sunday newspapers.
SMSF Association appoints 2 new board members smsfadviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smsfadviser.com Daily Mail and Mail on Sunday newspapers.