Competition targets Amex as NAB rebrands Citi cards and Azupay claims new talent

The Interchange Bench

5 Nov, 2025
On the Interchange Bench this week, rumours abound about competition coming to challenge AMEX, while NAB renames its Citi credit card portfolio and Azupay takes on new talent.
Competition targets Amex as NAB rebrands Citi cards and Azupay claims new talent

On the Interchange Bench this week, rumours abound about competition coming to challenge AMEX, while NAB renames its Citi credit card portfolio and Azupay takes on new talent.

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Amid the controversy in Australia regarding CTF/AML compliance laws for subsidiary Bano, Australian banking as a service (BaaS) fintech Bolt Group is now issuing cards in Hong Kong
Convera has appointed four senior leaders with experience at PayPal, Zelle and Shopify to advance cross-border payments, foreign exchange risk management and payment services embedded directly in existing
PropertyMe is adding rental applications to its platform as it expands integrated payments and explores Digital ID and open banking tools to protect renters’ information.
AP+’s small purchase interchange hikes sharpen a national payments pioneer’s decline, while banks narrow vulnerable customers’ choices and collect more dollars from a dying product.
Securities regulator ASIC and the Reserve Bank have launched new consultations on crypto proposals that promise better protections for users but they could come at a cost for

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