2024 Annual Review

AusPayNet’s 2024 Annual Review, ‘Making it happen’, reflects on our work throughout FY2024 to help facilitate the continued evolution of payments in Australia.

Key highlights include:

• Leading the successful completion of the migration of the High Value Clearing System to the ISO 20022 messaging standard
• An update on our plan to migrate the Australian Card Payments System to the Advanced Encryption Standard
• Working with the payments industry to make cross-border payments faster, cheaper, and more transparent and inclusive
• Enabling cross-sectoral collaboration to help defend the payments system and its users against economic crime
• Planning a transition away from the BECS Framework that will ensure no disruption to the efficient and secure flow of essential payments
• Engaging with Government and regulators to help shape the future of the Australian payments ecosystem
• Presenting our inaugural interstate Member event, as well as the most successful AusPayNet Summit to date.

For more details, read our 2024 Annual Review by clicking on 'Full Report' below.