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Will Victoria's Open Loop transit be ready to roll in 2026, with 20k readers still on order?
The Victorian Government is upbeat about the rollout of debit and credit card Open Loop payments for its public transport services from next year, despite rumours that its contractor, Conduent, is up sale and tens of thousands of readers are still to be delivered.
Big Four banks and Citi get a guernsey in NSW bank tender – Fintechs and small banks to follow
The NSW Government has signed five year deals updating NSW’s banking and payments services, expanding on its multi-partner banking model to “deliver an increased depth in liquidity and financial strength”.
CBA tightens grip on Aussie transit payments with NSW contract win
CBA will provide transit ticketing acquiring services for the NSW Government for at least another five years and will also support the State to deliver “new technologies for improved journey planning, payment and information access”.
Regional branch moratorium and Bank@Post deal meet a sceptical response
Announcements by the big banks and Federal Government last week for a moratorium on big bank closures in regional Australia and a boosting Bank@Post services have been met with scepticism by unions, regional banks and other critics.
