Banking industry veteran, Rob Craig has been appointed Chief Strategy Officer at payFURL, an Australian next generation online payment orchestration platform that connects merchants and retailers to tonline payment options available in Australia and globally.
Quest Payments, an Australian-owned and Melbourne-based technology provider, has received approval from the payments regulator Australian Payments Network (AusPayNet) for its Tap-to-Phone payments solution, Airpay TAP, which was launched in October last year.
There has been a marked reduction in the level of fraud experienced by its merchant customers, according to the Commonwealth Bank, but despite the drop the bank has warned that small businesses must remain extra vigilant over the festive season.