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Airlines lead Christmas loyalty frenzy as DJs backpedals on window displays

With the RBA interchange cut coming down the pipe next year, shoppers are being tempted this Christmas with a myriad of offers to join a growing range of loyalty schemes.

Digital & Online

Airwallex takes on Square, PayPal, Stripe and Adyen with global omnichannel POS play

Aussie-born payments outfit Airwallex is about to venture into the POS terminal market globally, with a slick new machine to take on big players like Square, PayPal, Stripe and Adyen in 2026.

Fintech

Aussies urged to claim $820 million in uncashed cheques, as Feds phase them out

The Federal Government will fund key agencies to quickly phase out cheques in Government, while the industry is urging consumers to cash in their cheques before the September 2029 deadline.

Banks

BECS 2030 closure abandoned as industry develops roadmap

After a lot of noise in the market and a damning risk assessment from the RBA, the industry has finally ditched the 2030 BECS closure date. No new date will be nominated until the industry can demonstrate it has overcome a number of hurdles such as reach, resilience, cost and a shared vision for A2A.

Fintech

Blockley hangs up his payments consulting hat

After 37 years of consulting for some of the nation’s biggest banks and global card schemes, the big end of town’s gun for hire Lance Blockley is hanging up his hat at The Initiatives Group (TIG) and passing on the mantle.

Fintech

Chalmers mandates cash at servos and supermarkets but safety wins the nights

Service stations and supermarkets will be required to accept cash from 1 January 2026 - but the night shift will be left cashless due to safety concerns.

Cash