Westpac Banking news and trends

Australia’s Afterpay, Westpac End 2-Year Partnership
Partnerships // August 26, 2022

Australian payments company Afterpay has ended its partnership with Westpac Banking after Afterpay canceled a smartphone app it was running with the bank. Afterpay will instead focus on integrating its products with those of new owner Block — formerly Square — meaning it will close...

Reserve Bank Of Australia Outage Impacted Payments
International // August 30, 2018

The Reserve Bank of Australia had an outage Thursday (Aug. 31) that lasted around three hours and impacted payments throughout the market. According to Reuters, the Reserve Bank of Australia tweeted that maintenance of its “fire control systems caused an interruption of power to the...

Quick Reads
Australia’s Westpac Banking and Tyro Payments End Acquisition Talks

December 14, 2022
Westpac Banking has scuttled its consideration of an acquisition of Tyro Payments. The two firms said Monday (Dec. 12) in separate press releases that they had had preliminary discussions but those talks have ended. “On [Oct. 18] Westpac announced it was in preliminary discussions with Tyro Payments Limited to acquire 100% of the company’s issued […]

Australia’s Afterpay, Westpac End 2-Year Partnership

August 26, 2022
Australian payments company Afterpay has ended its partnership with Westpac Banking after Afterpay canceled a smartphone app it was running with the bank. Afterpay will instead focus on integrating its...

Reserve Bank Of Australia Outage Impacted Payments

August 30, 2018
The Reserve Bank of Australia had an outage Thursday (Aug. 31) that lasted around three hours and impacted payments throughout the market. According to Reuters, the Reserve Bank of Australia...