As part of Indue’s Leadership Series: Cultiv8, we were pleased to host a webinar exclusively for Indue customers. Join us for an important and insightful session as part of Scam Awareness Week, featuring expert speakers: Rosie Campo – International Centre for Missing & Exploited Children (ICMEC) Toby Evans – Australian Payments Network (AusPayNet) Hosted by […]
Tag: auspaynet
AusPayNet Annual Review 2023: A Turning Point
The AusPayNet 2023 Annual Review, ‘A Turning Point’, offers insights into AusPayNet’s important work at a critical time for the banking and payments industry. Some key highlights include: Successful leadership of the first phase of Australia’s ISO 20022 Industry Migration Program Significant progression of work to become an authorised standards-setting body Facilitation of ECF to […]
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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 […]
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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AusPayNet’s Response to Government’s Announcement on Modernising Australia’s Payments System
Government’s Strategic Plan for Payments has been much anticipated since its consultation late last year. Similarly, it was excellent to see today’s announcements of the consultations on the Payment Systems (Regulation) Act and on the new payments licensing regime. Why? Well, collectively they will, in two ways, ensure that Australia’s payments system is fit for […]
AusPayNet Strategic Plan
Current regulation is not fit for purpose due to the technological advancements and consumer behaviours which have led to emerging entrants disrupting the payments sector. To keep pace, promote smooth economic operations, and protect Australia’s position as a leader in the global marketplace, the Australian Government has set the regulatory wheels in motion. […]
