Future of Payments – APCA Blog

How Australians Make and Take Payments

Andy White — Wed, 20 Sep 2017 06:16:49 +0000

The RBA recently published its 2016 Consumer Payments Survey. Key findings were that survey participants made 37% of their payments with cash (compared to 69% in 2007) and 52% of their payments with a card (compared to 26% in 2007). This…

Improving Lives with Data, an Australian Payments Council Hackathon

Nick Cliff — Wed, 12 Jul 2017 11:43:42 +0000

As we head into a world where data is more available, it is important to understand how information can be used to benefit our lives. It’s also very important to understand some of the key issues around security and privacy…

Payments Industry Policy and Government Round-up

Merric Foley — Thu, 22 Jun 2017 05:14:51 +0000

In recent months, the Commonwealth Government has announced a number of initiatives that touch on the world of payments. We are pleased to be working in a collaborative capacity with the government on the topics outlined below. If you would…

CEO Speaks at NORA: Changes Currently Impacting the Payments Industry

Payments Direction — Fri, 05 May 2017 02:21:38 +0000

As part of the recent National Online Retailers Association (NORA) Leader Lunch Series, Australian Payments Network CEO Dr. Leila Fourie spoke about how technological advancements and consumer expectations are changing the future of retail payments. Australia is fast becoming a less-cash…

ISO/TC 307 Blockchain and electronic distributed ledger technologies

Payments Direction — Wed, 19 Apr 2017 05:55:03 +0000

During the first week of April 2017, our Emerging Technology Lead, Nick Cliff, took part in the first meeting of the international technical committee on standards. The ISO/TC 307 Blockchain and electronic distributed ledger technologies met at the International Convention…

International Perspective: Open Data Institute

Payments Direction — Fri, 31 Mar 2017 05:00:48 +0000

We were pleased to welcome many members of the payments community at our Open Data discussion earlier this month. David Beardmore, Commercial Director of the Open Data Institute (ODI) shared insights from the ODI’s work on the UK’s Open Banking…

International Perspectives: Payments UK on the Digital Economy

Alice Markie — Wed, 21 Sep 2016 00:16:55 +0000

This week we had an in depth discussion with Tim Yudin, Payments UK’s Director of Design and Delivery, on the future of payments and how the payments industry is adapting to the digital economy to meet user needs in the UK. Here…