Delivering NPP PayTo – Ultradata and Indue Collaboration

In the ever-evolving world of financial services, innovation driven by consumer demand and Australian-mandated obligations continue to be the driving force pushing our businesses forward. The PayTo initiative is a key part of the New Payments Platform (NPP) that is set to modernise direct debits, provide an alternative to card payments, and give customers greater […]

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Fraud Statistics Jan 22 – Dec 22

According to the 2023 Australian Payment Fraud Report, in 2022, fraud on payment card transactions increased by 16.5% on the previous year to $577 million, in line with the increase in total spending on cards, which was up by 16% to $1 trillion over the same period. The rate of fraud on Australian card payments was […]

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Proud Silver Sponsors at COBA 2023

We’re proud to announce our silver sponsorship of COBA 2023, customer-owned banking’s leading annual event on the Gold Coast. COBA delivers engaging keynotes, interactive panel discussions, and hands-on workshops, focused on driving growth and innovation. Head to: www.coba2023.com.au to register today and come and visit our stand ‘Silver 3’ while you’re there! […]

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Salvos Volunteering

30 August, 2023 Well done to the 6 Sydney and 4 Brisbane team members who hit the Salvos Warehouse at their Tempe and Red Hill locations to volunteer their time to give back to this great organisation. From price tagging books and clothing items, to the big job of Alphabetising the large selection of novels, […]

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illumin8 in action

We are proud to celebrate our Head of Architecture, Keith Bromwich, for successfully completing the challenging 6-day Jatbula Trail in Northern Territory! What’s even more amazing is that Keith undertook this incredible journey in support of Careflight, an incredible non-profit organization dedicated to saving lives with their critical care aeromedical services all over Australia. Not […]

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A Strategic Plan for Australia’s Payments System

The Government is releasing its Strategic Plan for the future of Australia’s payments system which sets out its policy objectives and priorities for the payments system. The Strategic Plan was developed through a consultation process in collaboration with regulators, industry, consumer and business representatives. The Strategic Plan provides businesses with certainty and clarity on the […]

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For Australia’s financial sector, digital trust is the new currency

As adoption of banking apps grows, so does pressure to increase the range of capabilities the apps support, which has security ramifications. Mobile app-based banking continues to find favour with Australians: more than two-thirds now use a mobile banking app or smartphone to do their banking, and it offers the highest customer satisfaction rating of […]

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Anti-Scam Centre launches first ‘fusion cell’

The new National Anti-Scam Centre has launched its first so-called “fusion cell”, pulling together experts from regulators and industry to work on identifying ways of disrupting investment scams. The Australian Competition and Consumer Commission, which operates the centre, announced yesterday that representatives from the ACCC, ASIC, banks, telcos and digital platforms will work on the […]

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From days to minutes: Payment services provider Indue accelerates its ability to innovate using Azure

Indue has been a significant player in Australia’s payments sector for more than 50 years. The payments technology provider is an Authorised Deposit Taking institution who specialises in helping organisations of all types adapt to and benefit from the latest innovations in payments technology. Through its solutions – which encompasses everything from card management and […]

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