Cards and digital payments are in, cash is out. That’s the major takeaway from newly released research from MyState Bank which found that two in three Australians (68%) have been using less cash since the COVID-19 outbreak began.
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You buy clothes that fit your personality, lifestyle and size, so shouldn’t you be choosing a bank account the same way? The goal being to search for one that most perfectly fits with your needs and life. Because one size does not fit all.
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We’re back with Mozo’s Monthly Banking Roundup; let’s unpack the latest news.
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Let’s be honest, when’s the last time anyone actually visited a bank? And it seems we’re unlikely to ever again, according to new research from Roy Morgan .
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Last year was scarily lucrative for online scammers. According to Scamwatch , Australians lost a record-breaking $323 million in 2021 alone, with more than quarter-million reports filed describing different investment, romance, and shopping scams.
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Aussie online payment platform, Beem It, is introducing a new app component which allows shoppers to access rewards and special offers – plus the potential to earn cashback on purchases – when shopping with small businesses.
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While the holiday season can be a merry time, some also dread its arrival. With family tensions potentially already running high, the financial pressure of gift-giving can add to holiday stress.
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When it comes to banks many of us tend to stick with the one we know. At least that was the case until recently - the ongoing global pandemic has forced change upon us. As well as learning new skills and starting new jobs, Aussies have been switching banks too.
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There are changes in the works for ING customers who hold an Orange Everyday transaction account.
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Even if you’re scrupulous with financial paperwork, you may unknowingly have lost bundles of cash over the years. And we’re not talking about coins in lounge cushions.
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