AI
News about Artificial Intelligence and machine learning in payments
Featured
+1
Oct 6, 2026
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Okta puts a kill switch on AI agents that handle your money
Okta has demonstrated how AI agents shopping in Google's Gemini can apply human sign-off and a kill switch, as Australian banks and card schemes fight over who pays when agents err.
Featured
+2
Oct 6, 2026
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Will AI agents capsize bank customer “loyalty”?
AI agents could soon turn customer inertia into “find me a better deal” for my banking, without sacrificing anyone’s Sunday arvo.
Banks
+1
Jun 10, 2026
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CBA unleashes AI “Companion” for testing on real customers
Commonwealth Bank’s AI vision just got real, with the bank unleashing “CommBank Companion” for testing on both businesses and consumers last week.
Banks
+1
Jun 3, 2026
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CBA sounds the bell on AI job losses but are payments functions on the block?
So far most Australian institutions have been reluctant to identify AI replacing jobs but the evidence from offshore on fraud, AML, compliance and back office staff is clear. The nation’s biggest payments player - Commonwealth Bank - is leading the AI charge locally, in the footsteps of global counterparts like HSBC, Citi, JP Morgan, Visa, Mastercard, PayPal and Block.
Banks
+1
Jun 3, 2026
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Westpac data reveals rapid uptake in AI subscriptions
Westpac customers alone are paying $5.6 million a month on AI tools, according to the bank’s new payments data.
Banks
+2
May 13, 2026
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Visa partners to test agentic ecosystem
A host of Australian partners including ANZ, Bank of Melbourne, BankSA, Cuscal, ING, Latitude Financial, NAB, St. George, and Zip have signed up to Visa’s Agentic Ready program, in what Visa said was an important step in preparing the local ecosystem for the next phase of agentic commerce.
Banks
+1
Feb 11, 2026
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CBA report: how it’s approaching AI
The Commonwealth Bank (CBA) has released a report outlining how it envisions, develops, deploys and manages Artificial Intelligence (AI) at an organisational level with a focus on responsible practices.
AI
+1
Feb 4, 2026
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Mastercard rollout shows AI shopping has reached the checkout
The card schemes are racing to embed themselves in the surging AI shopping universe, with multiple players scrambling to reap fees and other benefits from a new payments ecosystem.
Cash
+9
Dec 17, 2025
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Massive year in payments but 2026 looms even larger
There will be little rest for the payments industry this summer, as businesses, regulators and lawmakers get ready for a raft of big changes in the New Year. In the final edition of PayDay News for 2025, we look at the big changes this year, and what to expect in 2026.
Fintech
+3
Nov 19, 2025
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Aussies to sleigh holiday sales using AI as Santa’s helper
More than half of Aussies under 45 are planning to use creative AI tools to assist with holiday shopping, according to new research from PayPal.
Cash
+2
Nov 19, 2025
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The era of invisible finance: How AI, identity and trust are redefining money
The future of finance isn’t cashless. It’s conscious built on invisible intelligence and visible trust.
A2A
+2
Nov 5, 2025
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Checkout.com and UBER announce global partnership
Checkout.com has announced a new partnership with Uber - providing acquiring and payment gateway services to Uberʼs ridesharing and on-demand delivery platforms.
Banks
+3
Aug 27, 2025
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Scams Awareness Week: Stop. Check. Protect
Scams Awareness Week’s 2025 theme focuses on urging consumers to Stop. Check. Protect. when keeping yourself safe from scams.
Fintech
+5
Jul 30, 2025
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Specialty is key in new era of Aussie payments consulting
With increasing complexity around digital payments, a new breed of payments consultant is emerging in Australia focusing on niche specialisations to help businesses meet new challenges.
