With organic growth at 6%, the company concedes an already flat acquiring line will be its business challenge in FY27 but claims interchange cuts won’t hit issuing revenue.

Luxury Escapes is considering varying its own rewards points by payment method, and its CEO Adam Schwab says the merchant fee savings promised alongside the October 1 surcharge ban have not arrived.

AUSTRAC has confirmed payment platforms are included in its mortgage fraud crackdown, with CEO Brendan Thomas pointing to source-of-funds verification as the industry's real blind spot.

Tyro’s share price took another hit yesterday as the company delivered its FY26 guidance with profit before tax jumping 40 per cent and elevated Nigel Lee from CEO to Managing Director.

Amongst the noise of CommBank’s announcement about its Yello rewards program there was a more significant announcement that has rocked the card schemes - Australia’s biggest bank just partnered with Discover.

Bill platforms including Sniip, pay.com.au and B2Bpay will still charge card payers fees after October 1, on volume the Reserve Bank's ban pushes off merchant books.

The ACCC has cleared the National Australia Bank, Westpac, ANZ and Bank of Queensland to start their regional ATM experiment, but has clipped its duration and stopped them short of switching on multi-bank deposits before final approval.

A lot remains unfinished to secure Australia’s cash future after Parliament last week passed legislation regulating Australia’s cash distribution network, handing the ACCC and Reserve Bank new powers.

A NSW parliamentary inquiry has called for a tobacco excise reset and stronger enforcement after finding organised crime is exploiting cash, private ATMs and weak online controls.

The Reserve Bank of New Zealand (RBNZ) is seeking feedback on its payments system and ways in which to future-proof and modernise retail payments, declaring that it is something they can’t deliver alone.

On The Interchange Bench this week, Fatty Z welcomes new COO and Kees moves to commercial, Scott Zips up the boots for US blue sky, Coles falls over after boozy pricing glitch and Donavan D'Cruzes into BD at pay.com.au.

The smallest and hardest-working of the animal kingdom could be carrying the weight of financial crime fighting on its back, with new blockchain money laundering tech modelled on insect’s and bird’s behaviour.

Stripe Treasury gives Australian customers a unified financial platform to manage incoming and outgoing flows across currencies from a single account, bypassing multi-day settlements from traditional institutions.

Commonwealth Bank has launched PaidIt, combining identity verification and real-time payments to help organisations find recipients and deliver settlements, remediation payments and refunds as cheques disappear.

Westpac New Zealand has added personalised cashback offers to its hotpoints Mastercard program, using customer spending patterns to deliver targeted merchant rewards directly through its Westpac One digital banking platform.

NPP champion Adrian Lovney exits AP+ x  

EXCLUSIVE by Warwick Ponder

Australian Payments Plus Chief Product Officer Adrian Lovney has resigned, ending a decade at the centre of the development, launch and expansion of Australia’s real-time payments infrastructure.

Amex is offering merchants a way around its own surcharging ban

By Michael Sainsbury

The US card giant is quietly offering merchants a new agreement that allows them to still effectively surcharge up to 2.15%.

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