Westpac becomes the final big bank to offer Apple Pay
It’s been a long time coming, but banking giant Westpac today announced it will offer Apple Pay.
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Australian bushfires: how to recover key items and access support
The bushfires that have affected parts of New South Wales and Victoria have thrown thousands of Australians’ lives into disarray. And with so many forced from their homes, there’s every likelihood that important documents have been left behind or lost altogether.
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MyState Bank sees sharp rise in online banking during COVID-19
MyState Bank has reported close to a 30% decrease in cash withdrawals this month alone, while BPAY payments and transactions made via the New Payments Platform have gone up by a significant 20%.
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Apple, Google and Samsung Pay adoption hits 10% in Australia: Roy Morgan
Popped into your local supermarket or cafe lately? You may have noticed that customers are being asked to keep their cash in their wallets in favour of contactless payments options for hygienic reasons.
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Get ahead of the downturn with the right financial support
Dubbing the conditions induced by the COVID-19 pandemic ‘The Great Lockdown’, the International Monetary Fund (IMF) has predicted a sharp decline in global economic growth for 2020, with Australia’s economy expected to contract by 6.7% or almost $130 billion.
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APRA to suspend new banking licenses for 6 months due to COVID-19
The list of businesses and sectors affected by the COVID-19 health crisis appears to be never ending and now it seems that new banks will also be dealt a blow by the ongoing global pandemic.
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MyState Bank: Aussies urged to remain alert as scammers look to exploit COVID-19 outbreak
In a disappointing recent development, scammers appear to be taking advantage of the anxiety and fear surrounding the COVID-19 outbreak by targeting vulnerable Australians.
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Contactless card limit temporarily increased from $100 to $200 to stop the spread of COVID-19
In an effort to help stop the spread of COVID-19, the Australian Payments Network announced today that it will be temporarily increasing the contactless card limit from $100 to $200. This means that as of this month, Australians will not be required to enter a PIN number for transactions under $200.
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New ‘passive savings’ banking trend reveals the secret to effortless savings
Trend alert! Now you’re probably familiar with the whole concept of ‘passive income’, but have you heard of passive savings? Let’s break it down.
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Who is eligible for the government’s Coronavirus support payments and how do you receive them?
With so many non-essential businesses closing their doors and health officials urging people to practice self-isolation, many Australians are facing the very real possibility that they will lose their jobs in the coming months.
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