The NPP moves account holders’ money in real-time and according to the Productivity Commission, may be expected, at some point in the future, to replace the system that currently moves around $1 trillion each …
This paper is NPP Australia Limited’s submission in response to the ASX’s consultation paper “CHESS Replacement Scope and Implementation Plan” issued on 28 April 2018. Executive Summary The New Payments Platform (NPP or Platform) presents a …
The New Payments Platform (NPP) has been recognised at the New South Wales 2018 State iAwards– one of Australia’s premier technology awards platform. Receiving the award for Business Service Markets and a Merit Certificate …
The New Payments Platform (NPP) is new, world-leading domestic payments infrastructure that enables connected Australian financial institutions to offer their customers – consumers, businesses and government agencies – near real-time, datarich inter-bank payments 24 …
What does the 2018-19 Federal Budget mean for the NPP? This week’s 2018-19 Federal Budget unveiled plans to invest more than $2.4 billion into ‘Australia’s public technology infrastructure’. There are items listed within the …
#COLLABNPP May-July 2018 NPP Australia is interested in collaborating with RegTech organisations to explore potential opportunities for developing innovative compliance related overlays on the NPP. For example, the monitoring and screening of domestic electronic …
Recently the New Payments Platform (NPP) opened to the public. As well as enabling customers of different banks to make real-time payments to each other 24 hours a day, every day of the year, …
PayID is an optional new payment addressing service that enables users to elect somethingeasy to remember - like a phone number, email address or an ABN - that can be securelylinked to a participating …
A new payments system has officially launched in Australia today, giving consumers and businesses access to the most modern payments system in the world. Soon services that use the Platform’s capabilities will commence rolling …
The New Payments Platform means people and businesses can pay money instantly into another person’s or a business account 24 hours a day, seven days a week, 365 days of the year. Payments can …