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PayDay News | Australian Payments News

Identity

News about Identity tools used in the payments space, including ConnectID.

ConnectID rolls out nationally through Telstra retail network as Canberra’s scam rules loom

ConnectID rolls out nationally through Telstra retail network as Canberra’s scam rules loom

With the fight against scams and fraud firmly on the political agenda, Telstra just made it simpler to verify your identity using ...
Fintechs scraping bank screens are running out of road: SISS

Fintechs scraping bank screens are running out of road: SISS

Australia's screen scraping era is winding down. Banks are layering on multifactor authentication, the Consumer Data Right (CDR) is finally usable at ...
Digital trouble spots driving bank-based Digital Identity play ConnectID

Digital trouble spots driving bank-based Digital Identity play ConnectID

Out of necessity rather than government intervention, the shift towards digital identity is moving rapidly, with ConnectID – a solution backed by ...
CoP halts 450k risky transfers at one bank!

CoP halts 450k risky transfers at one bank!

Thanks to the integration of Confirmation of Payee (CoP), banks have marked a major milestone in efforts to protect consumers and businesses ...
AP+ pivots to business as industry moves to complete CoP rollout

AP+ pivots to business as industry moves to complete CoP rollout

Confirmation of Payee (CoP) is continuing to build momentum, with Australian Payments Plus (AP+) now focusing its attention on business customers. ...
Revenue NSW serves up irrelevant personal data in unclaimed money search

Revenue NSW serves up irrelevant personal data in unclaimed money search

Revenue NSW is handing out buckets of personal information to complete strangers when citizens search for unclaimed cheques, dividends and other money. ...
Threats to payments system front and centre at summit

Threats to payments system front and centre at summit

The resilience of the nation’s payments system has been flagged by the RBA Payments Board as the nation’s cyber security coordinator weighed ...
As the rollout deadline approaches, Confirmation of Payee may need to race on off-system BSBs and allocated EFT

As the rollout deadline approaches, Confirmation of Payee may need to race on off-system BSBs and allocated EFT

The rollout of Confirmation of Payee is due for completion by year end, already reaching 141 million Australian bank accounts across 116 ...
Chatty teens to verify via ConnectID as Apple looms

Chatty teens to verify via ConnectID as Apple looms

Bank-backed AP+ identity platform ConnectID scored a big win this week, with Snapchat adopting the technology for teen verification ahead of new ...
CDR & Digital ID could take the pain out of rental applications

CDR & Digital ID could take the pain out of rental applications

The soul crushing process of filling in piles of detailed rental applications could get a whole lot easier with the clever application ...
Scams Awareness Week: Stop. Check. Protect

Scams Awareness Week: Stop. Check. Protect

Scams Awareness Week’s 2025 theme focuses on urging consumers to Stop. Check. Protect. when keeping yourself safe from scams. ...
AUSTRAC eyes tougher onboarding for banks – passport or birth certificate requirement draws criticism from industry

AUSTRAC eyes tougher onboarding for banks – passport or birth certificate requirement draws criticism from industry

Opening a bank account could be a lot tougher for Australians under proposed changes to laws intended to disrupt financial crime. ...

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RBA downgrades RITS governance

Peaking too early – beware premature terminal offers

NAB launches Nexus hub as cyber threats surge

Payments win as Hello Clever dominates Finnies

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