Melbourne loyalty fintech Liven is taking on Square with the launch of a free payment terminal. It tracks customer credit card numbers and spending and rewards users. Vendors set up and sell their own branded currency which customers spend at the vendor and can earn a cash back. It's live at Foodle and Liven has 6,000 customers globally. Liven (born out of an ICO) made four acquisitions in July to target the hospitality sector while hospitality and loyalty apps Me&u and Mr Yum merged recently. Offshore, US-based Blackbird Labs raised AUD 37m to build a blockchain-based loyalty platform for restaurants.