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AUSTRAC expects payments industry to know and report illegal tobacco sellers
AUSTRAC has warned elements of the payments industry currently supplying payments terminals and ATMs to illegal tobacco shops that it expects them to follow the law, know their customers and report illegal transactions.
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Bank@Post says it needs more funding and extends atmx rollout amidst growing criticism that it can’t replace real bank branches in the bush
Amidst growing criticism that Bank@Post should not be seen as a replacement for bank branches, Australia Post has indicated it will need a longer-term funding solution to keep the service “available and financially viable”.