News

30 January 2025

Following the release of our inaugural product roadmap in 2024, we are pleased to publish our updated 2025 roadmap that combines our product and infrastructure priorities. The 2025 AP+ Roadmap outlines key industry and regulatory requirements alongside other major initiatives.​

Key updates include:​

• Click to Pay for eftpos​
• Consolidated developer portal and consolidated member portal​
• NPP multi-credit transfer solution design​
• NPP process and message usage uplift​

Along with the above changes we are confirming December 2026 as the delivery date to upgrade the ISO 20022 version that the NPP operates on. ​

Exploratory work also continues, and any successful developments will be included in future roadmap updates.​

We will continue to engage with the industry and our members as we progress, and updated versions of the AP+ roadmap will be published annually.​

The 2025 AP+ Roadmap outlines key industry and regulatory requirements alongside other major initiatives.

Move to NPP: to prepare for the decommissioning of BECS in 2030, we are focusing on ensuring the NPP has the capability, capacity, reach and resilience to easily manage the expected volume of direct entry payments. This work includes:

• NPP process & message usage uplift: developing an approach for the return of bulk payments processed through the NPP; introducing batch identifiers to support the grouping of transactions; introducing a standard payment instruction format that end users can provide to their financial institution; and uplifting PayTo message usage (Merchant Category Codes, Ultimate Creditor) to support improved fraud screening.
• NPP ISO version upgrade: upgrading the ISO20022 version that the NPP operates on to enable software integrations by international vendors and benefit from innovations adopted in other markets.
• NPP Multi Credit Transfer solution: AP+ will begin detailed design work with industry in 2025 to support high-volume bulk payments with multiple transactions contained within a single message.
• NPP cloud migration: this will allow directly connected participating organisations to integrate their back office with the NPP platform infrastructure via public cloud providers.
• NPP capacity upgrades: ensuring that processing capacity is uplifted across the platform and participating organisations.

Mobile Least Cost Routing (LCR) implementation: the industry is expected to support mobile LCR by the end of 2024.

QR acceptance: our goal is to enable initiation for in-store payments using any smart device, initially via QR. It aims to provide consumers with a greater variety of services at the point of sale and integrate other experiences such as loyalty programs or simplified integrated initiation.

eftpos – token cryptogram: introducing a token cryptogram for cardholder-initiated transactions to enhance the security and efficiency of the Australian payment ecosystem, while fostering customer trust, and compliance with evolving industry standards.

Confirmation of Payee (CoP):  a layer of protection for payments to a BSB and account number in Australia. By matching the account name, BSB and account number entered with the details held by the recipient’s bank, Confirmation of Payee gives more confidence that payments are going to the right account.

eftpos – Click to Pay implementation: AP+ is standing up a Click to Pay service with the ambition to streamline e-commerce checkout and make it consistent, convenient and secure.

NPP PayTo porting: allow consumers to move PayTo agreements between financial institutions without having to contact each merchant and re-authorise their PayTo agreements. This will reduce the impact on merchants when their customers change banks.

Osko / SCT harmonisation: brings together the BPAY OSKO service with the native Single Credit Transfer (SCT) NPP product to simplify real-time payments into a single service, with a single brand and clear value proposition, streamlined rules and associated operational processes.

eftpos to update to 3DS 2.3: AP+ plans to support 3DS 2.3 to help reduce cart abandonment rates and provide enhanced risk management.

3DES migration to AES: Australian card payments will be migrated from 3DES to a new encryption standard (AES) by 2030.

Portal consolidation: AP+ is consolidating the developer experience across our products into a singe developer portal. We are also creating a single front door for members with a unified and streamlined member portal.

Cyber security capability uplift, fraud capability uplift and trust layer: AP+ is uplifting its maturity in the foundational cyber capabilities required to govern, identify, protect, detect, respond and recover from cyber incidents. AP+ is also expanding fraud capability across each AP+ scheme and supporting industry fraud and scam initiatives.

Source: 2025 AP+ Roadmap – Australian Payments Plus

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 control over their payments.

The system is designed to allow customers to manage recurring payments in bank apps and pay directly via bank accounts, and is designed to reduce payment costs for retailers.

Innovative Insights | Outstanding Outcome

“We feel that there is a commitment between Indue and Ultradata to work together in a way that is genuine and positive. There are a number of projects either in place or coming up, that we are partnering with Indue for. This is the way to achieve the best results.”

David Rowe, Senior Manager of Business Solutions at Ultradata

Recently a collaborative effort between Ultradata and Indue was taken to start the journey of delivering the PayTo gateway to Indue’s NPP participating client base.

The key deliverables for the project were:

• Meeting the NPP mandate.
• Creating and developing the NPP PayTo solution.
• Integrating the solution into Ultradata and Indue’s systems.

There were three key partners involved in the delivery of the NPP PayTo software solution:

• Ultradata
• Indue
• BankVic

Ultradata, crafting a user-friendly interface: Ultradata’s responsibilities included designing and developing the user interface, and assuring that the end product delivered a solution that met the industry requirements and exceeded customer expectations.

Indue, the NPP participant: Indue possessing a direct relationship with NPP Australia (NPPA) was pivotal to delivering a seamless NPP PayTo ecosystem, and held the responsibilities of defining, testing, and certifying the solution’s readiness.

BankVic, the Early Adopter: Ultradata and Indue were looking for a mutual client that had the experience and strong technical capability to onboard as an early adopter. BankVic was identified as a bank that had the right operating environment and had the prerequisites required to navigate the complexities of an early adopter, and one that would be able to integrate the NPP PayTo software within its core banking system, comprehensively test the product, and validate its functionality and usability within a specific timeframe.

“As the early adopter, I have seen, at times, 3 or 4 developers jumping onto a call to help us to work through some of the issues. As the early adopter we had Ultradata’s full attention. It was a real benefit.”

Gaetan Thillou, Project Manager, BankVic

Harnessing Knowledge | Leveraging Strengths

Since May, rigorous testing has paved the way for the solution to go into production, covering user acceptance testing and several phases of industry-specified testing, including testing with other industry partners. There was a multitude of steps and processes taken to deliver each early adopter milestone that respectively were aimed at meeting the outlined key deliverables.

By leading the way as an early adopter, BankVic not only tested NPP PayTo’s functionality in real-world scenarios, but also played a part in shaping the product to the direct needs of their business and to be compliant to the NPP requirements.

The lessons learned from BankVic’s early adoption have provided a blueprint for a smoother and more effective adoption process for Ultradata’s and Indue’s other mutual clients.

“The beauty about being in the mutual space is that it is a collaborative community; everyone is helping each other, with the early adaptor role for each project being shared amongst the mutuals. It provides a lot of benefits across the community.”

Gaetan Thillou, Project Manager at BankVic

The teams worked together to draw on the strengths of each other to make the solution even more innovative. One of these was Indue’s creation of a Test Portal to allow both Ultradata and the client to “self-serve” their testing needs by being able to create and update mandates as the initiator. Another was the provision of more user friendly display text in the Indue messages that includes simplified language and structure which is ready to be displayed as-is to the end-customer, eliminating the need for extra client-side processing.

Remarkable Teamwork | Collaborative Spirit

Given the complexity and challenges involved in developing and designing an innovative solution such as NPP PayTo, collaboration was critical to achieving a successful outcome.

Throughout each stage of project delivery, the partners brought their PayTo expertise to help identify and anticipate potential risks and challenges, and develop strategies to manage them.

For example, while the end-user experience might appear straightforward, the backend workings are significantly complex, and there can be varied interpretations of technical requirements and regulations.

Using their years of experience with developing payments solutions, the team successfully navigated this complexity through effective communication, open discussions, and a commitment to building a shared understanding among the partners.

Having a team with the right combination of skills and expertise has reminded us that collaboration truly is the cornerstone of overcoming challenges in order to achieve milestones.

“Working on the PayTo project was a very rewarding and positive experience. The open and honest working relationship between the three parties meant we could navigate through the challenges and achieve a great outcome for all our organisations,”

Simon Bromage, Project Manager at Indue.

Reshaping Payments | Transforming Transactions

Ultradata, Indue, and BankVic have helped pave a way for a future where other financial institutions will be in a position to empower their customers with more control over their bills, and payments, and stand to benefit from the way customers like to do their banking.

“I would like to thank Indue, Ultradata and Experteq for supporting and helping us through the project. The shared commitment and willingness to work together in order to deliver a positive outcome for BankVic members, is particularly pleasing.”

BankVic’s Chief Information Officer, Shane Kuret

The NPP PayTo is a product ready to reshape payment management.

Article produced by Ultradata – September 2023.

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 mobile payments to direct entry transactions and real-time fraud detection – Indue aims to eliminate the need for multiple third-party engagements and streamline the payment system implementation process.

Indue is a founding member of Australia’s New Payments Platform (NPP), launched in February 2018 to modernise the nation’s payment infrastructure. The platform enables faster, more flexible and data-rich transactions to meet the evolving needs of Australian consumers, businesses and financial institutions.

Keith Bromwich, Head of Architecture at Indue, says Indue has helped clients adopt the NPP since its inception.

“Our role is to allow tier 2 and 3 financial institutions such as mutuals, regional banks and BAAS providers to access the NPP via our own platform,” he explains.

In June 2023, the NPP introduced PayTo, a new digital way for merchants and businesses to initiate real-time payments from their customers’ bank accounts. PayTo solves many existing challenges with direct debit payments, including processing delays, limited transaction information, and a lack of control for consumers and businesses over payments.

To ensure it could help clients adopt the new payment method, Indue embarked on an ambitious project in March 2022 to transform its technology infrastructure – largely made up of on-premise data centres – and adopt a more cloud-native approach.

“We were trialling Microsoft Azure in pockets of our technology stack, but hadn’t really set it up properly and didn’t quite have the skills to implement some of the amazing capabilities that it offers, like landing zones and event-driven, Zero Trust architecture,” says Bromwich. “We approached Microsoft to recommend a partner that could help us leverage our existing investment in Azure to take advantage of these capabilities and integrate PayTo within the tight deployment timelines mandated by NPP.”

Flexible approach ensures fast implementation 

In May 2022, Indue engaged Microsoft partner Arinco to help it develop enterprise-scale landing zones and a robust application programming interface (API) platform in Azure.

“The people we worked with at Arinco were absolute knowledge leaders,” says Bromwich. “They helped us make the right decisions by providing the pros and cons.”

Arinco used a flexible delivery approach to facilitate development timelines, which saw the first application landing zones for PayTo being implemented by early July 2022. This enabled Indue’s developers to build new capabilities for testing by October 2022.

As this was Indue’s first major deployment of modern web APIs in Azure, Arinco supported and educated Indue’s developers and engineers by leveraging its partnership with Microsoft.

“Firstly, we embedded consultants within Indue’s development teams, focusing on accelerating outcomes and providing best practice guidance for topics such as .NET development, Azure API deployment and security,” says James Westall, Account Executive at Arinco.

“Secondly, our consultants worked with Indue’s platform engineers, sharing our expertise with them as we developed code for each landing zone. This meant that at transition time, Indue engineers were starting from a solid knowledge base.

“Lastly, we partnered with Microsoft to deliver hands-on Azure Accelerate workshops. These covered key topics identified by Indue, enabling employees to get familiar with Azure in a safe environment with instructor guidance.”

The other challenge that Arinco helped Indue solve was the operational sign-off of its Azure capability.

“As an entity that’s regulated by the Australian Prudential Regulation Authority, Indue must be able to attest to the security, stability and robustness of its services,” explains Westall. “The deployment that we developed was designed to remain compliant using Azure and third-party security tools, including the capability to hold Payment Card Industry data.

“We also assisted Indue in developing several operational documents and procedures, ensuring key details about running solutions on Azure were available for external auditors.”

Arinco’s accelerated approach enabled Indue to launch its PayTo integration within the tight timeframe and begin onboarding clients in June 2023.

 

Enhancing innovation in the cloud

While Indue is still in the early stages of its cloud journey, its event-driven architecture in Azure is already delivering benefits. These include increased flexibility and scalability, which enable Indue’s developers and engineers to deploy any project – not just PayTo – in the cloud much faster and move from business idea to development workload in minutes or hours rather than days.

“The innovation piece is a key focus for Indue and its customers,” says Ryan Spain, Chief Information Officer at Indue. “Leveraging cloud-based technologies like Azure gives us access to a much wider variety of innovative capabilities in a fraction of the time compared to on-premise, and enhances the products and services we can offer.”

Indue’s move to the cloud has also helped them simplify its technology stack and reduce operational costs. Transitioning its Corporate Services (Virtual Desktop, remote access, and Office environment) to the Azure Virtual Desktop capability which operates within the enterprise-scale landing zone structure.

Now, key personnel can focus more on value-adding tasks rather than maintaining the performance and security of Indue’s hardware and software.

“We don’t have to worry about data centre connectivity or patching. All of that low-level maintenance is done by Microsoft,” says Bromwich.

Indue plans to grow its cloud footprint in Azure by kicking off two other major projects in 2023. One will focus on implementing a big data lake that leverages Microsoft’s advanced analytics capabilities. The other project will focus on migrating Indue’s on-premise Microsoft Dynamics 365 platform to Azure. Both projects will further enhance Indues’ ability to deliver innovative payment solutions and a better customer experience, according to Spain.

“This is a strategic partnership with Microsoft,” he says. “They’ve been on the journey with us from the start, and we really appreciate the assistance and guidance they’ve provided. The partnership has been a key enabler for facilitating both the PayTo integration and our broader cloud strategy.”

Source: Microsoft News 30 June 2023

Indue is excited to announce the official launch of its PayTo service offering, enabling financial institutions and payment service providers and platforms to drive payment innovation and improved customer experiences.

A development of Australian Payments Plus on it’s New Payments Platform (NPP), PayTo modernises the way bank accounts are used for payments, helping businesses and consumers thrive in the digital economy.

Indue CEO Derek Weatherley said the PayTo launch is a natural extension of Indue’s NPP capability, which has been helping Australia’s leading mutual and community banks take advantage of flexible, real-time payments with industry-leading financial crime support since 2018.

“At Indue, we are committed to investing in product technology advancements that support our client’s digital transformation, innovation, and competitiveness, exemplified now through PayTo,” Mr Weatherley said.

“We have a team of NPP experts that have already begun to connect partners to PayTo, delivering them a faster, simpler, and smarter real-time payment service.

“We are thrilled to be part of the PayTo revolution and, as always, are keen to help our current and future customers keep pace with the changing Australian payments landscape.

“PayTo will enable a superior payment experience by streamlining payments and improving efficiency and control for consumers and businesses.  This is achieved by PayTo while at the same time reducing risks and modernising the way money moves.

“Ultimately, PayTo further enhances Indue’s digital banking offering, providing a state-of-the-art payment services experience for our customers.”

Indue can connect financial institutions, payment service providers and platforms to PayTo .

To learn more and get PayTo ready, click here.

For 135 years, The Mutual Bank has met the financial needs of the Maitland, Newcastle, and Hunter communities in New South Wales, serving and supporting them in building a sustainable future.

Since March 2022, Indue has provided The Mutual Bank and its members with a significantly expanded payment services suite, including Direct Entry, BPAY, NPP, Financial Crimes, Anti-money laundering, Card Services, High Value Payments, and an expansion of its Digital Payments offering.

The Mutual Bank CEO Geoff Seccombe said the partnership continues to be driven by a strong alignment in company values, product offerings, and payment needs.

“Our relationship with Indue began when we needed assistance in becoming the first local mutual bank issuer of Apple Pay in the region. But it is founded upon much more than a vested interest in innovative payments technology,” Mr Seccombe said.

“Indue earned our trust, respect, and business by delivering on its payment services promise, and it has kept it by continuing to share our community-first focus and partnership culture.

“I commend Indue for its support of the local communities in which we operate, and its unwavering commitment to environmental, social, and cultural initiatives,” Mr Seccombe said.

Indue CEO Derek Weatherley said that alignment with our clients’ sustainability practices, community programs, and employee wellbeing are core to our values.

“The best partnerships are achieved when company culture and core values align, which is what we have experienced with The Mutual Bank,” Mr Weatherley said.

“We have an excellent understanding of The Mutual Bank’s priorities and their wider community goals in operating in a socially responsible manner, prioritising positive social impact and a genuine ‘one team’ support model with on-the-ground support.

“We look forward to continuing to work with The Mutual Bank and its community” Mr Weatherley said.

21st March, 2023

Following the successful launch of a New Payments Platform (NPP) for Auswide Bank in 2022, Indue and Auswide have been busy behind the scenes to successfully implement Direct Entry, BPAY, Cards as well as Anti-Money Laundering (AML) and High Value payment capabilities.

Throughout the past year, Indue has enabled digital transformation, state-of-the-art customer experiences, and improved business outcomes for Auswide Bank, enabling them to best help achieve their goals of helping Australians achieve home ownership, create wealth, and access banking and financial services.

Auswide Bank Managing Director and CEO Martin Barrett said that Indue’s similar commitment to prioritising customers has assisted in delivering outstanding services to Auswide Bank communities and customers across the country.

“Indue’s full suite of end-to-end payment solutions are a key component of transforming our business with technology and providing digital payment choices for our customers, improving their experience and delivering stronger business outcomes,” Mr Barrett said.

“Efficiencies that have flowed through our operations as a direct result of Indue’s integrated service stack have exceeded all expectations – it is fantastic to have a partner with modern technology that does the heavy lifting for us”.

Indue CEO Derek Weatherley said “I am very pleased that this transition has closed so quickly and cleanly and my team remains energised to support Auswide Bank in bringing these services to their customers.”

“Since Indue’s appointment as Auswide Bank’s exclusive full-service payments partner earlier, we have expedited the implementation of NPP, Direct Entry, BPAY, Cards, AML and High Value payments” Mr Weatherley said.

“As a founding member of the NPP, our partnership with Auswide Bank enables the organisation and their customers to securely send and receive payments with other financial institutions in near real-time.

“Complementary to this, Direct Entry and BPAY provide cost-effective, convenient ways for customers to transfer funds between bank accounts and pay bills. The Indue and Auswide Bank relationship has been further enhanced by simple and adaptable payment card and mobile payment services, including switching and settlement, which provide maximum flexibility for Auswide Bank and their customers.

“The efficient and seamless implementation of these offerings demonstrates Indue’s industry-leading knowledge and ability to deliver cutting-edge integrated solutions to our customers.

“We are proud of the significant operational efficiencies that Indue’s integrated payment systems provide to Auswide Bank freeing staff up to focus on serving their customers and community.  We very much look forward to continuing our successful partnership.”

We are delighted to confirm that Qudos Bank has reappointed Indue as their exclusive full-service payments partner.

Qudos Bank is one of Australia’s largest customer-owned banks with branches in Sydney, Melbourne and Brisbane and more than $5 billion in assets, offering a full range of financial products and services, including home loans, personal loans, transaction, and savings accounts, super and investing, and insurance.

Over recent years Qudos Bank has been on a digital transformation journey and provides a host of exceptional digital banking platforms and payments services.  Qudos Bank CEO Michael Anastasi said the relationship renewal reaffirmed the strength and value of the long-term partnership with Indue to provide end-to-end payment services.

“We have a long term partnership with Indue and renewing the relationship supports continuing development in our innovation around digital banking offering and providing a state-of-the-art payment services experience for our customers, underpinned by market leading security in payments for our customers” Mr Anastasi said.

“Importantly, Indue’s customer-focussed culture is outstanding across the organisation and directly aligns to our central focus as a customer-owned bank on delivering banking services in the interests of our customers, providing synergies that will help Qudos remain at the forefront of excellent in customer service standards for our customers across Australia.”

Indue CEO Derek Weatherley said the renewal of the partnership will enable Qudos Bank to provide to their customers a comprehensive suite of end-to-end payment services coupled with market leading payment security.  Qudos has been remarkably successful through a laser focus on customer advocacy and being easy to do business with – the partnership with Indue ensures that excellence in customer outcomes remains at the forefront of their business operations.

“Indue remains heavily invested in advancements in our product technology capability, reinvesting our profits into research and development via our Innovation Hub and the various working groups it supports and continuing to support the digital transition of our clients,” Mr Weatherley said.

“We couldn’t be more pleased Qudos Bank has chosen to extend our long-term partnership and we are looking forward to working together to build out future innovation pathways for real time, data rich, frictionless payment choices for customers.  Qudos has been a great supporter of their community and we look forward to working closely with Qudos this year on supporting and driving community focused outcomes important to their organisation. 

“The payment products and services suite provided to Qudos Bank by Indue will include NPP, PayID & Pay To, mobile payments, Orion Financial Crimes, Cards, Direct Entry, and BPAY services.”

-ENDS- 

The NPP October 2022 Roadmap has been published.

An update on the NPP roadmap is now available providing the latest numbers relating to the growing use of the NPP. There are now close to 89 million accounts able to make or receive NPP payments and the platform now processes more than 100 million transactions a month. One in three of all account-to-account credit transfers are occurring via the NPP. There are close to 13 million registered PayIDs, a 44 per cent increase since the same time last year with 315,000 new PayID registrations on average being added every month. Usage of PayID is growing with research conducted by NPP Australia revealing that 47% of users using PayID at least weekly.

Read the latest Roadmap here.

Blockchain and
crypto have made a surprising resurgence to the agenda at Money 20/20, likely
driven by the growth in central bank currency pilots and collaborations into potential
use cases for government issued digital currency. The Indue client tour
participants absorbed broad learnings on how the concept of a fully digital
decentralised network could benefit customers and clients in the payments and
banking sectors.

A wide spread of
blockchain use cases were presented, everything from connected cars through to
micro payments, with the major feature being the ability to move money in
real-time at lower cost, a presumption that we see either prove or disprove
itself in the years to come.

The focus on the
use of crypto in payments has been heavily on enabling cross-border
transactions, as well as the challenges posed by increasing regulation.

The bold headline
from proponents of the technology at Money 20/20 was that everything will be on
blockchain – it’s only a matter of time.

This optimism
comes with words of warning. These technologies continue to be developed
through a cycle of uncertainty and regulation remains a major challenge. With
improved regulation we will likely see a more stable and genuine value emerge
for crypto and the development of more businesses with underlying strength.

With these
expansive developments in the fintech space, Indue continues to stay tuned to
these innovations to provide our clients and their customers with strategic
guidance and forethought on the payments landscape of the future.

The Money20/20 conference has given us the opportunity to hear from a wide range of world-class speakers, including global entrepreneurs and even a Grand Slam tennis champion, who have all touched on the intrinsic link between organisational culture, diversity, and performance.

The companies that are best positioned to establish a competitive edge are the ones that embrace a culture of prioritising diversity of people and thought, and equally, this diversity is the best form of due diligence when developing new business models or entering new markets.

In a broad ranging discussion about fintech and start-ups featuring Serena Williams, we heard about new business models and solutions that are focused on solving problems for customers, leveraging the power of partnerships, and driving a competitive edge through organisational culture embracing diversity.

We were also fortunate to hear from several women who have founded new payment fintech companies in the past two years, including Kontempo – a Mexico-based bank focused on providing credit to small businesses, Lucy – which is providing funding for female entrepreneurs, and the competitive edge through embracing diversity was a recurring theme.

The theme of modernising core was prevalent, ensuring foundations are built on future proofed architecture. Another common theme in this vein was ‘build core, partner everything else’. This includes leveraging partnerships for insightful and innovative product design, and the theme of diversity featured again through partnerships that support organisational diversity, with a US Bank focussing a commitment to diversity though partnering with fintechs who are focused on minority/women only businesses.