Search: AusPayNet

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RBA Glossary definition for AusPayNet

AusPayNet – Australian Payments Network. A public company owned by banks, building societies and credit unions which has specific accountability for key parts of the Australian payments system, particularly payments clearing operations.

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Retail Payments Regulation and Policy Issues

20 Sep 2018 PSB Annual Report – 2018
AusPayNet was tasked with drafting a CNP fraud mitigation framework, which was released for consultation in August 2018. ... Since the second half of 2017, the Bank has been providing anonymised quarterly statistics to relevant ES account holders via
https://www.rba.gov.au/publications/annual-reports/psb/2018/retail-payments-regulation-and-policy-issues.html

Trends in Payments, Clearing and Settlement Systems

20 Sep 2018 PSB Annual Report – 2018
According to data collected by AusPayNet, losses related to fraudulent payment transactions increased by 6 per cent in 2017, to around $650 million, a slightly slower pace of growth than in ... An industry framework for mitigating CNP fraud is currently
https://www.rba.gov.au/publications/annual-reports/psb/2018/trends-in-payments-clearing-and-settlement-systems.html