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RBA Glossary definition for CNP

CNP – Card not present

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A Payments System for the Digital Economy

10 Dec 2019 Speech
Philip Lowe
Speech delivered by Philip Lowe, Governor, to the 2019 Australian Payments Network Summit, Sydney
https://www.rba.gov.au/speeches/2019/sp-gov-2019-12-10.html

Abbreviations

17 Oct 2019 PSB Annual Report – 2019
CME. Chicago Mercantile Exchange Inc. CNP. Card-not-present. CLS. CLS Bank International.
https://www.rba.gov.au/publications/annual-reports/psb/2019/abbreviations.html

Retail Payments Regulation and Policy Issues

17 Oct 2019 PSB Annual Report – 2019
not-present (CNP) debit transactions, whereas previously these would have attracted lower rates. ... In recent years, the industry has been pursuing various initiatives to tackle the rise of CNP fraud.
https://www.rba.gov.au/publications/annual-reports/psb/2019/retail-payments-regulation-and-policy-issues.html

Strategic Priorities for the Reserve Bank's Payments Work

17 Oct 2019 PSB Annual Report – 2019
As more transactions have moved online in recent years, card-not-present (CNP) payment fraud has grown significantly. ... The Bank has therefore been encouraging the industry to take action to mitigate the upward trend in CNP fraud.
https://www.rba.gov.au/publications/annual-reports/psb/2019/strategic-priorities-for-the-reserve-banks-payments-work.html

Trends in Payments, Clearing and Settlement Systems

17 Oct 2019 PSB Annual Report – 2019
The industry has been working to reduce CNP fraud given rising losses and the expected continued growth in online card transactions. ... An industry framework to mitigate CNP fraud was recently developed by AusPayNet and came into effect in July 2019.
https://www.rba.gov.au/publications/annual-reports/psb/2019/trends-in-payments-clearing-and-settlement-systems.html

Payments System Board Update: August 2019 Meeting

16 Aug 2019 Media Releases
The Bank has published a media release outlining topics discussed by the Payments System Board today including: the New Payments Platform; the Assessment of ASX Clearing & Settlement facilities; ATM industry developments and Digital Identity.
https://www.rba.gov.au/media-releases/2019/mr-19-22.html

Abbreviations

20 Sep 2018 PSB Annual Report – 2018
Chicago Mercantile Exchange Inc. CNP. Card-not-present. CP. Card present. CPMI. Committee on Payments and Market Infrastructure.
https://www.rba.gov.au/publications/annual-reports/psb/2018/abbreviations.html

Retail Payments Regulation and Policy Issues

20 Sep 2018 PSB Annual Report – 2018
A second strand has focused on improved fraud detection tools. More recently, however, the industry has been developing a coordinated strategy to reduce CNP fraud. ... AusPayNet was tasked with drafting a CNP fraud mitigation framework, which was
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
In contrast to CNP fraud, card-present (CP) scheme fraud losses fell by around $25 million in 2017. ... An industry framework for mitigating CNP fraud is currently being developed by AusPayNet, and is expected to be implemented over the coming year,
https://www.rba.gov.au/publications/annual-reports/psb/2018/trends-in-payments-clearing-and-settlement-systems.html

Payments System Board Update: August 2018 Meeting

24 Aug 2018 Media Releases
At its meeting today, the Payments System Board discussed issues including the 2018 assessment of the ASX Clearing and Settlement Facilities, the ASX CHESS replacement consultation, the Productivity Commission's Final Report on Competition in the
https://www.rba.gov.au/media-releases/2018/mr-18-19.html