by Keeli Cambourne | Oct 26, 2021 | News
In its latest review the Reserve Bank said it expected payment providers to “offer and promote least-cost routing” by the end of 2022 but falls short of mandating this as the default option and provided no explicit regulatory requirement. Debit cards are now the most...
by Shared from Independent Financial Adviser | Oct 26, 2021 | News
Local research and advisory firm ADAPT surveyed 150 leaders across a number of sectors, including financial services, and revealed five key priorities – data analytics (61 per cent), training and upskilling (59 per cent), hybrid work enablement (55 per cent), change...
by Shared from accountantsdaily.com.au | Oct 26, 2021 | News
“This next phase will ease the reporting burden for employers who need to report information about their employees to multiple government departments. It will also help Services Australia customers, who might be employees, get paid the right amount at the right time,”...
by Shared from mybusiness | Oct 26, 2021 | News
The report, The connected SMB: Embracing digital strategies to fuel growth, found that Australian small to medium sized businesses (SMBs) process an average of 168 invoices each month. With a Deloitte study estimating that e-invoicing could deliver savings of up to...
by Keeli Cambourne | Oct 24, 2021 | News
The statement was made after a review of retail payments regulation, in which the RBA had strong feedback from merchants that said the BNPL facilities had become an essential part of their business but the high cost of the service was prohibitive. The RBA said...
