The New Payments Platform is designed for real-time, single payments. While it excels in speed and efficiency for individual transactions, it doesn’t handle bulk payments like BECS does. Banks, credit unions and fintechs processing bulk transactions face challenges such as: breaking down bulk payments for NPP processing managing the volume of individual payments without overloading […]
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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 […]
Read More… from Great Southern Bank implement digital banking platform for small businesses
Australian Payments Plus (AP+) has resolved to work with NPP Participants to deliver a Confirmation of Payee service for payments made using BSB and Account numbers. Confirmation of Payee will help reduce certain types of scams that involve misdirection of payment to an account that does not belong to the intended payee as well as […]
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In this digital age, scams can affect anyone, regardless of age or technological know-how. However, older, and more vulnerable individuals tend to fall prey to scams more often. […]
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Indue’s Head of Innovation: Jenny Osborne attended the Consumer Data Right (CDR) conference featuring local and international experts, policy makers and founders who discussed the future of the CDR and showcased some exciting emerging use cases. There were ‘use case showcase‘ pitch-style session where founders presented about the CDR powered use cases they are building […]
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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 […]
Read More… from Delivering NPP PayTo – Ultradata and Indue Collaboration
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 […]
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. […]
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 […]
We are delighted to confirm that Qudos Bank has reappointed Indue as their exclusive full-service payments partner. […]
Read More… from Qudos Bank selects Indue as their principal payments partner
