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Cash

+3

Cards remain top of the charts but is cash making a comeback?
LockSimple

Jun 3, 2026

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Cards remain top of the charts but is cash making a comeback?

The Reserve Bank has released the results of the 2025 Consumer Payments survey, showing that cards remain king, account-to-account adoption remains slow, and cash might be making a resurgence.

Featured

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CBA sounds the bell on AI job losses but are payments functions on the block?
LockSimple

Jun 3, 2026

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CBA sounds the bell on AI job losses but are payments functions on the block?

So far most Australian institutions have been reluctant to identify AI replacing jobs but the evidence from offshore on fraud, AML, compliance and back office staff is clear. The nation’s biggest payments player - Commonwealth Bank - is leading the AI charge locally, in the footsteps of global counterparts like HSBC, Citi, JP Morgan, Visa, Mastercard, PayPal and Block.

Featured

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Credit cards and international transactions spur bank fee boom ... but it could get worse come October
LockSimple

Jun 3, 2026

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Credit cards and international transactions spur bank fee boom ... but it could get worse come October

If warnings from Australian Banking Association (ABA) CEO Simon Birmingham are anything to go by, Australia’s growing bank fee bill is about to get even bigger.

Featured

+2

Tyro to fire up banking licence with new hire
LockSimple

Jun 3, 2026

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Tyro to fire up banking licence with new hire

Tyro has held a full banking licence since 2015, the first Australian tech company to get one. For most of the years since, it's barely used it. A new job ad, posted by a new CEO with a battered share price, is the clearest signal yet that the quietest asset on Tyro's balance sheet is about to be asked to earn its keep.

Featured

+3

Worldline stays in the frame after finalising divestment of Paymark to Cuscal
LockSimple

Jun 3, 2026

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Worldline stays in the frame after finalising divestment of Paymark to Cuscal

Worldline has finalised the divestment of New Zealand’s iconic EFTPOS player, Paymark, to Cuscal for $27.5 million ... but the troubled European payments services business will continue to provide tech and software to Cuscal during a transition phase.

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