The 2025 AusPayNet Annual Review presents a snapshot of our work in FY2025. Together, we create confidence in payments for all. Key highlights include: Leading work to coordinate the smooth transition away from cheques. Collaborating with industry about the future of account-to-account payment infrastructure. Planning the migration of the Australian card payments system to the […]
Tag: Financial Crime
The Downside of Digital Confidence
Digital Downside With every wave of new technology comes new risks. In the financial crime space, particularly scams, we often think of our most vulnerable as the elderly or someone less familiar with technology. Yet the rise of sextortion and youth-targeted scams tells a different story. Young people, fluent in digital spaces, are now among […]
Australian Payment Fraud 2025 Report
According to the 2025 Australian Payment Fraud Report, the total value of card fraud on Australian-issued cards increased by 20 per cent to $913 million in 2024, driven by an increase in overseas card-not-present (CNP) fraud. Overall, there was a 12 per cent year-on-year increase in the overall payment card fraud rate, from 70.2 cents per […]
How Confirmation Of Payee Is Putting The Brakes On Scams
Scams are costing Australians billions each year and the pressure is mounting on banks and mutuals to continuously step up their defences. That’s the goal of the 2024 Scam-Safe Accord, a new industry framework led by the Australian Banking Association (ABA) to reduce scam losses and improve customer protection. A key ABA recommendation is the […]
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Indue Launches ScamHub
With more than $2.74 billion lost by Australians to scams this year, market-leading payment solutions provider, Indue, has launched ScamHub — a complimentary customer website portal providing educational resources for their clients to help educate their employee and customers on scams. The initiative was made possible through Indue’s Illumin8 Social Impact program, a program dedicated […]
Indue AML Forum 2024
As part of the Indue Leadership series – Cultiv8, we’re proud to invite you to this exclusive customer event presented by KordaMentha and ICMEC Australia. Operating within the payments industry comes with an obligation to minimise the opportunity for payment systems to be misused. This is driven by regulatory compliance, a desire to minimise losses […]
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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Ultradata 2023 Client Conference
Indue was a proud sponsor of our technology partner Ultradata’s 2023 Client Conference, held at the InterContinental Sanctuary Cove on the Gold Coast last week. Indue leaders Chief Customer Officer Fred Perry and Chief Delivery Officer Kevin Lugg were in attendance, taking away some key insights into how technology, data and AI are helping deliver […]
