Tranchini
Tranchini is a key figure in discussions regarding the future of the payments ecosystem in Australia, emphasizing the need for significant investment in innovation and security in the face of proposed cuts to interchange fees by the Reserve Bank. She has voiced concerns that reducing these fees could negatively impact small businesses and consumer experiences, particularly as new technologies such as 'agent-led commerce' emerge, which aim to streamline shopping through AI.
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Australia:
Tranchini said one of those innovations was so-called 'agent-led commerce' where a shopper could use AI to carry out mundane shopping practices.
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