Australian FinTech Cloudfloat has appointed Bob McKinnon as chairman, bringing extensive financial services technology experience. Most recently McKinnon was the non-executive chair of the New Payments Platform (NPP).
Commonwealth Bank has implemented access payments technology PayTo to authorise customers’ payments from their accounts digitally.
Great Southern Bank has implemented access new payments technology PayTo to give customers a digital alternative to direct payments.
Commonwealth Bank has taken a 20% stake in fintech Paypa Plane in a move aimed at increasing the uptake of the New Payments Platform's PayTo service.
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