Consolidation of loyalty solutions continues with Cora buying both Kognitiv’s legacy platform and its Air Miles business while Capillary bought Kognitiv’s modern offering (after it went into receivership). Locally, Gratifii bought Club Connect and Rapport. Grow My Money was acquired by Findr, Digital Alchemy acquired AF Digital, Banked acquired Australian open banking fintech Waave and ASX listed MyRewards is now part of iGoDirect. Shift4 bought GiveX and PAR acquired Australian founded Task. Rokt bought mParticle. StrongRoom AI bought Members Benefits Australia and then went into voluntary administration.