The Interchange Bench

The Interchange Bench

24 Jun, 2026
On The Interchange Bench this week, Cuscal installs one of its own - Michael Blomfield - to lead Paymark, Fiserv loses another CEO as Mike Lyons quits, Tyro’s Nigel Lee takes rough out of the boardroom, ING joins industry confusion on surcharging rules for October 1, De Angelis warns of end of FY scams, BankVic dumps cheques and Pestana joins Stripe.
The Interchange Bench

On The Interchange Bench this week, Cuscal installs one of its own - Michael Blomfield - to lead Paymark, Fiserv loses another CEO as Mike Lyons quits, Tyro’s Nigel Lee takes rough out of the boardroom, ING joins industry confusion on surcharging rules for October 1, De Angelis warns of end of FY scams, BankVic…

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Visa's average credit card merchant fee reached 1.00% in the June quarter, the highest since the RBA began publishing fees by scheme, and up five basis points over
The end of card surcharging on October 1 has merchants across Australia looking at ways to hand out and handle more cash.
On The Interchange Bench this week, Brazil’s A2A network draws a tariff, a fake Matt Comyn offers us US $35 million in a Whatsapp scam, former RBA payments
The Commonwealth Bank says escalating geopolitical tensions, cyber threats and artificial intelligence are transforming operational resilience from a compliance obligation into a competitive advantage for financial institutions and
Three reforms are converging to strengthen PayTo, delivering stronger consumer protections, clearer fraud liability and greater confidence in account-to-account payments as merchants search for trusted, low-cost alternatives to

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