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PayDay News | Australian Payments News

Identity

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

Westpac first NZ bank cleared to issue digital credentials

Westpac first NZ bank cleared to issue digital credentials

Westpac New Zealand will issue government-accredited digital credentials to business customers, allowing them to prove bank account details securely without emailing statements, ...
Digital ID opens to private sector as rental pilot shows CDR’s real-world promise

Digital ID opens to private sector as rental pilot shows CDR’s real-world promise

The Government will open Australia's Digital ID system to private sector participation from December, as a new pilot demonstrates how Digital ID ...
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 ...
Kiwibank leads NZ business open banking while BlinkPay completes real time test

Kiwibank leads NZ business open banking while BlinkPay completes real time test

Beating a raft of Aussie banks including Westpac and ANZ, Kiwibank has become the first bank in New Zealand to roll out ...
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 ...
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. ...
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. ...
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 ...

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Visa says we’re living in age of the “couch economy”

Azupay and Curtin University accelerate PayID

Banks build tokenised defence as wholesale finance falls behind

RBA backs its own cash but leaves industry to finish the job

Taylor takes ASB helm as New Zealand payments pressure builds

Aussie crypto poised to “explode” but barriers remain

Westpac drops to a 0.79% flat rate but excludes Amex

Westpac first NZ bank cleared to issue digital credentials

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