Australian Payments Network

29 results about this entity

Period: 15 Dec 2008 - 19 Nov 2024

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/security

AusPay Net data shows sharp decline in card fraud

Data released today by the payments industry self-regulatory body Australian Payments Network (AusPayNet) revealed a 19.5% decline in card fraud in 2019, the biggest decline since fraud data was first published.

/payments

AusPayNet lifts contactless limits

Australian Payments Network (AusPayNet), the self-regulatory body for the payments industry, confirmed today that the payment industry will be increasing the PIN limit for contactless card payments from $100 to $200 to reduce the need for physical contact with the payment terminal.

Aus card fraud rates trend downwards

The payments industry self-regulatory body Australian Payments Network (AusPayNet) today urged Christmas shoppers and retailers against complacency as the latest industry data shows a decline in card fraud.

Australian Payments Council consults on digital payments

/payments

Australian Payments Council consults on digital payments

The Australian Payments Council is calling for input from businesses, NGOs, government and consumers on what’s needed to support payments in the digital economy of the future.

/security

Australian CNP fraud on the rise

The payments industry self-regulatory body Australian Payments Network (AusPayNet) today urged Christmas shoppers to continue to be alert when shopping online, as it released data showing card-not-present (CNP) fraud continues to account for the bulk of card fraud.

Australian Payments Network consults on online card fraud

The Australian Payments Network (AusPayNet) today announced the start of an industry consultation on a new framework to accelerate the fight against online card fraud.

Shift to digital economy in Australia accelerating

The latest Digital Economy report released today by Australian Payments Network (AusPayNet), the payments industry self-regulatory body, shows Australia’s shift to a digital economy is accelerating, with digital payments increasing rapidly while cash and cheques decline.

TNS connects with APCA coin network

Transaction Network Services (TNS) is giving the payments industry efficient, secure and reliable connectivity to the Australian Payments Clearing Association’s Community of Interest Network (COIN).

Square faces Oz bank concerns over mPOS security

Square faces Oz bank concerns over mPOS security

Square's move into Australia has gotten off to a rocky start, with Commonwealth Bank only agreeing to lift a security-related block on the mPOS service after an intervention from Visa and MasterCard.

RBA warns Australian banks not to backtrack on payments modernisation

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

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

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.

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