Displaying items by tag: NPPA

Commonwealth Bank has implemented access payments technology PayTo to authorise customers’ payments from their accounts digitally.

The competition regulator and enforcement agency the ACCC is seeking views on a court enforceable undertaking which has been offered by Industry Committee Administration (ICA), the company representing three Australian payment services providers seeking to merge.

End-to-end payment solution provider Cuscal says it has improved payment platform reliability and reduced downtime, improving the experience for Australians both through traditional means and through 86 400 banking.

Many people may consider last week's introduction of Australia's New Payments Platform, which will enable faster payments for both consumers and businesses, as a measure that is long overdue. But the head of security vendor RSA's fraud and risk intelligence team in Asia Pacific/Japan sees a downside, in that it will also enable faster fraud.

A new payments platform, which will be used by about 60 financial institutions, credit unions and building societies to effect financial transactions across Australia, has been launched.