Briefs: Cashwerkz gets cash, Contactless limit extended 16 June 2021 5:59AM Banking Day staff Briefs, Debt capital markets, Payments, mobile & wallets, Payments system & regulation Term deposit and bond marketplace Cashwerkz has completed a A$14 million placement, which will go towards an investment in asset manager Tactical Global Management and general business development. It will also prop up the company’s balance sheet, which has been looking shaky after the half-year accounts were qualified by the auditor. The temporary increase in the contactless card payment limit from A$100 to $200 will remain in place until September 17. The increase was to have ended on June 17 but last week the government announced that COVID-19 emergency measures, including the contactless limit, would remain in place for another three months.