PYMNTS-MonitorEdge-May-2024

New Payments Platform

UK FinTech Wise Aims to Lower Money Transfer Fees in Australia
UK FinTech Wise Aims to Lower Money Transfer Fees in Australia
September 26, 2021  |  International

Wise, a digital money transfer platform, is joining Australia’s New Payments Platform (NPP) in a move designed to let transfers be settled in the country...

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Australia’s NPP Discovers Inroads To B2B Payments Traction
Australia’s NPP Discovers Inroads To B2B Payments Traction
August 18, 2021  |  B2B Payments

Real-time payments aren’t only getting off the ground in more markets across the globe, but they’re also gaining traction in B2B payments — an ecosystem...

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Real-Time Payments Makes Real Headway For Corporates
Real-Time Payments Makes Real Headway For Corporates
August 12, 2021  |  B2B Payments

Real-time payments is making headway for corporate end users in this week’s Payment Rails Innovation Roundup. While J.P. Morgan debuts its new real-time payment service...

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NPP Australia Takes Real-Time Payments To The Next Level
NPP Australia Takes Real-Time Payments To The Next Level
March 25, 2021  |  Faster Payments

Demand for faster payments has been increasing worldwide as consumers and businesses seek more convenient services. Central banks and payment systems operators are catering to...

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Real Time Heats Up In B2B, While Blockchain Gains Traction
Real Time Heats Up In B2B, While Blockchain Gains Traction
November 19, 2020  |  B2B Payments

This week’s round-up of the latest innovations in payment rails for B2B payments shows a key focus on real-time transactions and embrace of emerging, faster...

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Trending: Data Aggregation Makes Home Mortgages Cheaper
Trending: Data Aggregation Makes Home Mortgages Cheaper
October 18, 2019  |  Faster Payments

Many major companies rely on international trade and global supply chains. Keeping these trade flows operating smoothly requires quick, reliable delivery of payments. Consumers similarly...

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PayID Hack Prompts Warning From Banks Down Under
PayID Hack Prompts Warning From Banks Down Under
August 21, 2019  |  Security & Fraud

A recent PayID data breach reported to Australia’s New Payments Platform (NPP) has prompted banks to issue warnings to customers, FinTech Extra reported on Wednesday...

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Aussie Reserve Bank Throws Shade On Banks’ Slow Response To New Payments Platform
Aussie Reserve Bank Throws Shade On Banks’ Slow Response To New Payments Platform
May 17, 2019  |  Banking

The Reserve Bank of Australia (RBA) has sent a warning to major banks that its slow progress in implementing the New Payments Platform (NPP) has...

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Australia’s New Payments Platform Invites Startups Via API
Australia’s New Payments Platform Invites Startups Via API
October 17, 2018  |  B2B Payments

New Payments Platform (NPP) Australia, the nation’s real-time payments service that went live earlier this year, is now seeking collaboration from FinTech firms and developers...

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