Media Releases

  • A New CEO

    Dr Leila Fourie is appointed the new Chief Executive Officer effective September 2016.

    MEDIA RELEASE

    06 July 2016

    APCA APPOINTS NEW CEO

     

    Dr Leila Fourie has been announced as the new CEO of the Australian Payments Clearing Association, the self-regulatory body for the payments industry.

    Dr Fourie’s business career spans more than 20 years working in consulting, investment banking, retail banking & capital markets. Her diverse experience has been acquired in some of South Africa’s leading companies in these fields, including Accenture, Standard Bank and the Johannesburg Stock Exchange (JSE).

    Dr Fourie joins APCA from the JSE where she served on the board as executive director. Prior to this, Dr Fourie was Managing Director of the Card Division of Africa's largest bank, Standard Bank.

    Rob Craig, Chair of APCA said, “We are excited to welcome Leila, who has a strong track record of driving change, and guiding industry-wide initiatives. The payments system is evolving rapidly and Leila is well-placed to lead industry through this time of change.”

    Through the course of her career, Dr Fourie has held senior executive positions and directorships of global portfolios, SA boards and US boards and has also served in the capacity as chairman of the board. Dr Fourie holds a PhD in Economic and Financial Sciences.

    During her tenure at the JSE, Dr Fourie was instrumental in shaping and leading strategic transformations that have improved performance and changed the direction of the
    business. Her key contributions include leading and sponsoring a number of critical industry-wide initiatives, including the national flagship T+3 settlements project for financial markets in South Africa.

    “I am thrilled to be joining APCA at this exciting time in Australian payments and I look forward to engaging the market and making a contribution to the future payments ecosystem," said Dr Fourie.

    Dr Fourie’s appointment is effective 12 September 2016. Andy White will continue his role as acting CEO until this time.

    Dr Fourie replaces Chris Hamilton, who announced his resignation in February 2016 before leaving the organisation in early May 2016. 

    ENDS

    Media Contact: Ida Turner - APCA Communications Tel: (02) 9216 4817 Mob: 0409 716 556 

    Australian Payments Clearing Association Limited ABN 12 055 136 519
    Level 6, 14 Martin Place, Sydney NSW 2000 Tel +61 2 9216 4888 Facsimile +61 2 9221 8057 www.apca.com.au

  • NPP Australia

    Appoints Adrian Lovney as the inaugural Chief Executive Officer

    MEDIA RELEASE

    14 June 2016

    NPP Australia appoints inaugural CEO

    NPP Australia Limited, the company formed by the payments industry to build and operate the New Payments Platform, announced today the appointment of Adrian Lovney as its inaugural Chief Executive Officer.

    Mr Lovney brings a wealth of experience and in-depth knowledge of payments from a business and stakeholder perspective, together with strong leadership skills.

    Mr Lovney is currently General Manager of Product & Service at Cuscal Ltd with responsibility for product, services, and customers across the business, including leading the organisation’s work in NPP.

    Previously, he was Cuscal’s General Manager Strategy & Communications, responsible for leading the evolution of Cuscal’s business over the last five years as well as the successful migration and transition of customers to a new and innovative payments platform.

    NPP Australia Chairman Paul Lahiff said, “Adrian is an energetic leader with a passion for leading large-scale transition programs and is well-equipped to head up the commercialisation of the NPP.”

    “Adrian emerged as the outstanding candidate from an extensive domestic and global search process and the NPPA Board is delighted to have secured his services,” Mr Lahiff said.

    Mr Lovney said, “I am honoured to be taking on this important role at this critical stage in the development of Australia’s New Payments Platform. The NPP is a uniquely Australian take on the real-time payments infrastructure being implemented overseas. Its layered business architecture will deliver scale and efficiency while supporting a diverse range of fast payments well into the future.

    “These are exciting times and I am thrilled to be able to work with the NPP Australia Board and shareholders of NPP to help them realise the benefits of the investment they have made in this new payments system for Australia,” Mr Lovney said.

    Mr Lovney’s appointment takes effect on 5 September 2016.

    ENDS

    About the New Payments Platform

    The New Payments Platform (NPP) is new national infrastructure for Australia’s low-value payments. It will provide Australian businesses and consumers with a fast, flexible, data-rich payments system for making their everyday payments. The NPP is on track for being operational in the second half of 2017. More here.

    Media Contact: Ida Turner, Manager Communications P: (02) 9216 4817 M: 0409 716 556

    Further information available at www.apca.com.au 

  • NPP Australia

    Announcing new shareholder HSBC Bank Australia

    MEDIA RELEASE

    16 May 2016

    NPP Australia welcomes new shareholder

     

    NPP Australia Limited, the independent company formed by the payments industry to build and operate the New Payments Platform, announced today that HSBC Bank Australia Limited has become its newest shareholder and program participant.

    The New Payments Platform (NPP) is new national infrastructure for fast, flexible, data-rich payments. It will be open to all authorised deposit-taking institutions so they can offer innovative, real-time payments services to their customers.

    NPP Australia Chairman Paul Lahiff said that the company was delighted to have leading international bank HSBC on board.

    “HSBC brings a strong customer base and international perspective to the NPP. In becoming a shareholder, it is demonstrating its commitment to the future of real-time payments in Australia”, said Mr Lahiff.

    Head of Payments and Cash Management for HSBC in Australia, Simon Babbage, said: “Our partnership with NPP Australia demonstrates HSBC’s commitment to growing its franchise in Australia - a priority market for the bank globally. We are delighted to be part of this major industry initiative and welcome the prospect of providing our corporate and retail clients in Australia with real-time payments.”

    NPP Australia Limited was formed in December 2014. HSBC is the first additional shareholder to join the company’s 12 founding members, which are: 

    • Australia and New Zealand Banking Group Limited
    • Australian Settlements Limited
    • Bendigo and Adelaide Bank Limited 
    • Citigroup Pty Ltd
    • Commonwealth Bank of Australia
    • Cuscal Limited
    • Indue Ltd
    • ING DIRECT
    • Macquarie Bank Limited
    • National Australia Bank Limited
    • Reserve Bank of Australia
    • Westpac Banking Corporation 

    The NPP is on track to be operational in the second half of 2017. 

    ENDS

     

    Media Contact: Ida Turner, APCA Communications P: (02) 9216 4817 M: 0409 716 556

    Further information available at www.apca.com.au