This report provides insight into the scams targeting Australians in 2024 and highlights the impact of combined efforts by government, law enforcement, community sector and industry to combat these financial crimes. This is the second Targeting Scams Report produced by the National Anti-Scam Centre since its establishment on 1 July 2023. The National Anti-Scam Centre’s […]
Tag: PayTo
Australian banks launch new defence in battle against scammers
Australian banks have today unveiled their latest scam fighting technology, with the launch of Confirmation of Payee – a new name-matching service designed to help protect customers from being tricked into sending money to criminals. Banks have invested $100 million in this new technology which is a key initiative of the sector’s Scam-Safe Accord – […]
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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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Insights from the Consumer Data Right Event Showcase
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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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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From days to minutes: Payment services provider Indue accelerates its ability to innovate using Azure
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 […]
We’ve launched our PayTo service offering
Indue is excited to announce the official launch of its PayTo service offering, enabling financial institutions and payment service providers and platforms to drive payment innovation and improved customer experiences. […]
PayTo
PayTo Delivering faster, simpler, smarter payments. In this section In this section PayTo Since 2018, Indue has proudly delivered the New Payments Platform (NPP) to many of Australia’s leading credit unions and mutuals, helping customers take advantage of flexible, real-time payment capabilities with world-leading financial crime support. We are pleased to bring customers PayTo, the […]
NPP Roadmap provides update on the platform’s uptake and capability development
The NPP October 2022 Roadmap has been published. An update on the NPP roadmap is now available providing the latest numbers relating to the growing use of the NPP. There are now close to 89 million accounts able to make or receive NPP payments and the platform now processes more than 100 million transactions a […]
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