Tag: new payments platform

Delivering NPP PayTo – Ultradata and Indue Collaboration

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 […]

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Indue Delivers Rapid NPP Implementation For Auswide Bank

Auswide Bank customers can now send and receive payments with other financial institutions in near real-time, following the successful launch of a New Payments Platform (NPP) offering by Indue. Indue Chief Customer Officer Fred Perry said the implementation of NPP for Auswide Bank was remarkable due to its rapid speed to market and seamless delivery. […]

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Indue becomes Tier 1 BECS member

Payments solutions provider Indue today announced it has become a Tier 1 Participant Member of the Bulk Electronic Clearing System (BECS), the low-cost work horse of the Australian payments system, which processes more than $14 trillion Direct Entry transactions annually. Indue Chief Executive Officer Derek Weatherley said he was pleased that Indue had transitioned seamlessly […]

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The Mutual Bank appoints Indue as their principal payment partner

Today we are delighted to confirm that The Mutual Bank has chosen Indue as their principal payments partner. The Mutual Bank, a $1 billion mutual bank based in the Hunter region of NSW, has been serving the people of the Hunter since 1888. It offers a full range of financial products and services, including home […]

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