Blog

Find out what we've been doing and read about what's happening in payments.

Are QR codes making a comeback?

04 Feb, 2021

The year 2020 was a game-changer for QR codes. In this blog, we look at the resurgence of QR technology amidst the pandemic, and the opportunities it presents for payments.
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Is there a case for Central Bank Digital Currency?

25 Nov, 2020

Some see CBDC as the potential next milestone in the evolution of money. In this post we look at what is CBDC and whether we are likely to see one introduced in Australia.
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Digital Business Plan forms key part of jobs-focused Budget: What were the key takeouts for the payments industry?

07 Oct, 2020

The 2020 Budget was all about creating jobs and boosting Australia’s economic recovery from COVID-19. It includes significant expenditure on infrastructure and tax cuts and announcements of potential reforms to several sectors, including superannuation and payments.
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Senate Fintech & Regtech Committee Interim Report Offers 'Quick Wins'

01 Oct, 2020

The Interim Report of the Senate Select Committee on Financial Technology and Regulatory Technology tabled in September 2020 contains 32 recommendations to the executive government.
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2020 Cyber Security Strategy Focuses on Delivering Cyber Enhanced Situational Awareness and Response

22 Sep, 2020

The Federal Government has long recognised that digital technologies are fundamental elements of Australia’s prosperity in a global economy, and that capturing more of the opportunities that a connected world offers depends on ensuring cyber security settings are appropriate.
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The future of Artificial Intelligence

26 Aug, 2020

According to the 2020 Deloitte Insights: State of AI Enterprise, using AI technology is regarded as key to market leadership and staying ahead of competitors. In payments, AI presents unique opportunities to streamline customer experiences, tailor service offerings and develop new service models.
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The Payments System Could Provide Learnings and Insights for the Foundations of the Data Economy

24 Jul, 2020

AusPayNet’s submission to the Consumer Data Right Inquiry noted that the payments sector could provide a useful model and basis from which learnings and insights can be applied to establish the foundations of Australia’s data economy.
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Fighting financial crime and online child exploitation

17 Jul, 2020

Financial crime is complex, multi-faceted and ever evolving, and includes a broad range of criminal activities. Through AusPayNet’s Fraud in Banking Forum (FBF), financial institutions, law enforcement and the Australian Financial Crimes Exchange work collaboratively to combat financial crime.
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COVID-19 and shifts in payment behaviour

26 May, 2020

"What is the new normal for payments post-Covid-19 and will the crisis prove to have been an opportunity for the industry?" That was the question posed by UK-based payments expert David Birch in our recent webinar discussing how the pandemic is changing consumer payment behaviour.
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Libra 2.0 – how has Facebook’s project changed?

18 May, 2020

When Facebook’s Libra project was first announced a year ago, it was met with intense scrutiny and regulatory pressure across the globe. One year on, Facebook has unveiled its newly redesigned Libra 2.0 project.
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