AI commerce won’t change payments much

Guest Contributor

19 Aug, 2026
Contributor Vibhu Arya explores the impact of AI and how much of a role it will play in the payments industry.
AI commerce won’t change payments much

Contributor Vibhu Arya explores the impact of AI and how much of a role it will play in the payments industry.

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Australia Post promises at least 4,000 retail outlets, but some already operate without cash and hundreds lack Bank@Post, raising questions about what cash and payment services will survive
On The Interchange Bench this week, TNS promotes PAX chief Johnson to global role, Walsh appointed pay’s marketing chief, Younes takes on platforms at Stripe, Edwards lands as
Coles has shut down Coles Pay but is stepping up Flybuys rewards ahead of Christmas just as Australia’s banks cut credit card perks, reframe loyalty offerings and consumers
Australian merchants using Adobe Commerce and Magento were last week urged to apply security patches immediately after authorities warned a critical vulnerability was being actively exploited.
Crypto executives say AUSTRAC’s recent crackdowns will strengthen the industry’s legitimacy.

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