Visa Australia said today it was moving to chip and PIN technology for all of its credit cards, with signature transactions to be banned by April 2013.
National Australia Bank has announced that it will roll out systems to over 500 Melbourne merchants this month, which will enable them to take customers' payment when they hold their cards up to a reader, but has stopped developing technology for payments via mobile phone.
Australia's central bank has criticised the nation's four largest commercial banks for shirking on investments in payment systems technology, resulting in a lack of innovation and neglect of systems like EFTPOS.
Queensland Transport (QT) has gone to market for up to 10,000 handheld smart card readers as it gears up to replace its 2.7 million antiquated drivers' licences with new smart card equivalents.
Free-software advocate Richard Stallman has spoken out against the association of open-source software with London's "unethical" Oyster-card system.
SanDisk co-founder and CEO Eli Harari continues to fight the good fight against Apple's iPod juggernaut, but even he's starting to look toward the future.
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