Payments System Board

• Ian Rogers

Alarm bells are going off at the Payments System Board: the time for yabbering about decommissioning BECS is over, and the time to figure everything out, and study all the costs and comprehend all th.. read more

• Bernard Kellerman

The move towards phasing out BECS in favour of the New Payments Platform is gaining traction. The next steps in this process and how the industry will get there was the working thesis of a panel disc.. read more

• Ian Rogers

The leading cause of payments outages are issues with third parties, analysis by the Reserve Bank of Australia has found. read more

• Ian Rogers

Often described as a monopoly industry, cash-in-transit is a sector with a vibrant and disruptive alternative supplier. read more

• Ian Rogers

The federal government expects banks and payments providers to voluntarily end surcharging on debit payments by the end of 2025. read more

• George Lekakis

The Payments System Board will mandate the rollout of least cost routing services by Australian banks unless they lift their performance by the middle of next year. read more

• Ian Rogers

Even more timely, reliable and granular data on rents has made the to do list of the Reserve Bank following the hearing with the House Economics Committee. read more

• John Kavanagh

The New Payments Platform is getting around to speeding up payments by government agencies. read more

• George Lekakis

Senior RBA payments officials, including Reserve Bank Governor Philip Lowe, will figure prominently in the proceedings of AusPayNet's annual conference in Sydney today and their overriding message is.. read more

• Ian Rogers

Australia Post is scouting for a buyer for its POLi Payments service, five years after acquiring the business. read more

• Ian Rogers and John Kavanagh

Two junior ministers will share responsibility for financial services in Scott Morrison's new government. Michael Sukkar returns as assistant treasurer and also minister for housing, while Jane Hume w.. read more

• Banking Day staff

Wayne Byres will serve a further five year term as chair of APRA. read more

• George Lekakis

Secret commercial arrangements between banks and global card schemes are unlikely to be scrutinised in the current round of hearings of the Hayne Royal Commission. read more

• Banking Day staff

The Payments System Board has put banks on notice; they must act effectively to reverse the ever-rising incidence of credit card and debit card fraud in Australia. Six months is the timeline spelled o.. read more

• Ian Rogers

An American executive with a PayPal pedigree is joining the team at Tyro Payments. Kareem Al-Bassam will be the loss-making bank's new head of product. read more

• John Kavanagh

In their ongoing wrangle with Apple, Australian banks insist that relying on the Android platform for a digital wallet is a hopeless option. They warn that, if forced down that path, local wallets wou.. read more

• Ian Rogers

A row over business rules around digital wallets among card schemes has the Payments System Board riding shotgun. Look out for a consultation paper next month. Three years ago Eftpos had a hand from t.. read more

• Banking Day staff

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• Ian Rogers

The fourth quarter of 2017 is now the slated time for Australia's New Payments Platform to lurch into action. read more

• Ian Rogers

Bankcard holds the record, at 32 years, for the lifetime of a collaborative banks' payments scheme in Australia. Another scheme, a step removed from consumer credit, is rolling down the line in the fo.. read more