With the introduction of 3DSecure, eftpos has continued its journey to ensure its cardholders have the highest standards in transactional security without adding unnecessary friction to the cardholder experience. […]
Category: Industry News
Tokenisation – What is it and can it beat payment fraud?
Tokenisation seems to be one of the key buzzwords in the payment industry at the moment. However, what does this concept really mean and how does it benefit payments made today? […]
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Design and distribution obligations: Making Products for Intended Markets
The Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Bill 2019 (DDO & PIP Act) was passed and received Royal Assent in April 2019. […]
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Insight: The changing face of consumer payments in Australia
Guest writer, David Oierholm, The Initiatives Group, sheds light on the changes and trends of consumer payments in Australia. The ways in which consumer payments in Australia are made is often likened to a train system comprised of the “rails” that carry the carriages (the payment systems), and the “carriages” that carry the passengers (the individual payments). The media will have us believe that the payments landscape in Australia is constantly and rapidly changing. To an extent this is correct – but this is all about new “carriages” rather than “rails”. […]
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BPAY’s Open API’s Powering Solutions
BPAY Group has launched a new Developer Portal to provide access to BPAY APIs and create solutions that support their business and their customers’ needs.
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Future Banking Forum Insights 2019
Can new payment technology reimagine the banking experience of old? By Mark Korogiannis, Executive Manager Payment Solutions, Indue
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AusPayNet 2019 Annual Review Released
AusPayNet has released their 2019 Annual Review. The review outlines their work this year which aims to deliver the best customer outcomes. Download the full report here. […]
Open Banking Privacy Rules Released
An extensive set of privacy safeguards that will accompany the introduction of the Consumer Data Right, including Open Banking, […]
NPP Roadmap Released (New Payments Platform)
NPP Australia (NPPA) has released the NPP roadmap which details its ongoing investment to extend the capability of the New Payments Platform. […]
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ASIC Internal Dispute Resolution Update
ASIC are in the finalisation stage of updating Regulatory Guide 165, which governs Internal Dispute Resolution processes within Financial Firms, which becomes effective December 2019. […]