The global payments industry is undergoing a seismic shift as consumers increasingly adopt digital transactions over cash. Supportive regulations and innovative industry initiatives, especially open finance and instant payments, are both playing key roles in this transformation. The World Payments Report 2025, the 20th anniversary edition of this report, reflects the views of 600 corporate […]
Tag: New Payments Platform (NPP)
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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Great Southern Bank implement digital banking platform for small businesses
Great Southern Bank, which received Canstar’s award for Customer Owned Bank of the Year in 2022 has launched a digitally-led banking platform for small businesses, supported by Indue’s New Payments Platform (NPP/PAYTO) capability. Using proprietary technology developed by Indue’s partner Constantinople, the new platform will seamlessly integrate with small to medium-sized enterprise (SME) business management […]
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Connect ID
The innovation function at Indue focuses on new opportunities that solve existing problems or create new opportunities for our clients. An area we have been exploring is in the Digital Identity space with AP+ Connect ID solution. What is Digital Identity and what is its purpose? A digital identity is typically defined as a relationship […]