Australian Payments Network

28 results about this entity

Period: 15 Dec 2008 - 18 Oct 2023

RBA warns Australian banks not to backtrack on payments modernisation

The Reserve Bank of Australia has warned that it will be "duty bound" to use its regulatory powers should the nation's banks fail to deliver on promises to modernise the country's payments infrastructure.

Banks and retailers sign on for new Australian Payments Council

Australian banks, retailers and payments specialists have signed on to a new co-ordination body that aims to step up the pace of innovation in the country's payments industry.

Australian consumers giving up on cash - APCA

New research from the Australian Payments Clearing Association, shows that as with cheques, Australian consumers are increasingly giving up cash in favour of cards, mobiles and online transactions.

Oz banks gear up for real-time payments system

Australia's banks have brought in KPMG to manage a programme to build an industry-wide real-time payments platform by 2016.

Australia backs away from abolishing cheques

The Australian Payments Clearing Association (Apca) says it sees no need to close the country's cheque clearing system, following a year-long consultation with payment stakeholders.

Chip technology shifts Australian fraud landscape

The introduction of chip technology is changing card fraud patterns in the Australian payments landscape, with skimming attacks diminishing as fraudsters turn to card-not-present scams.

Skimming attacks push up Australian card fraud

Debit card fraud in Australia has jumped over the last year according to the country's payments clearing association, driven by a spate of skimming attacks on ATMs and POS terminals.

CNP and counterfeit card fraud on the rise in Australia

Annual fraud figures from the Australian Payments Clearing Association (APCA) show a continuing increase in levels of card-not-present fraud and counterfeit/card skimming scams.