Martijn Verbree joins virtually for his talk on Cyber Security at Curious Thinkers 2022.
This is an extremely important topic for organisations as it is a growing problem for their business and customers. The keynote will give insights and knowledge to strengthen security measures and educate customers to be cybercrime-wise.
Michael McQueen delivering his keynote address at Curious Thinkers 2022.
Bianca Bates addressing the audience at Curious Thinkers 2022.
Building on the open/regulated data agenda to create powerful data driven customer relationships through a bespoke written whitepaper that includes global insights and use cases.
Anthony Jones speaking at Curious Thinkers 2022.
Everyone has heard about it, and everyone is either involved or knows someone who is in some way. The Digital Currency afternoon aims to provide attendees with an understanding of the overall landscape and where the opportunities lie for all client segments, what the regulators are thinking and how Cuscal is responding to this increasingly important topic.
A panel discussion with Rimal Gokani (Zai), Tim Wilks (Coinspot) and Adam Theobald (Ordermentum) at Curious Thinkers 2022.
The market is changing, and you can get there when you have to meet regulatory requirements, or you can get there on your own before you have to. This session aims to provide tips on how to deal with the changing market by showing how the fintech community is responding.
Mark Townley speaking at Curious Thinkers 2022.
This session will explore “How to get stuff done” when your organisation is committed to transformation. Mark will talk about successful frameworks and how to influence the many and varied stakeholder groups.
Dr Catriona Wallace speaking at Curious Thinkers 2022.
Artificial Intelligence is the fastest growing tech sector in the world, valued at US $327 bn in the last 12 months. It will also remove 85 million and generate 92 million jobs in the next two years. But who is leading the ethics of this powerful technology? The tech giants? Not likely. Government? Trying but about 5 years behind. And now commentators such as Stanford regard ‘Ethics Everywhere’ as the number one technology strategy priority for organisations.
So what is Responsible AI and how do you do it? Dr Catriona Wallace will share best practices in Responsible AI as well as sharing some super useful case studies. And most importantly Dr Wallace will discuss how you can step into being an Ethical Leader.
Leveraging the data-rich capabilities of the New Payments Platform (NPP), PayTo delivers insight rich, convenient and trusted payment arrangements for merchants, businesses and government agencies, while consumers benefit from having more control and visibility over payments set up from their bank account.
As PayTo commences rolling out to payments service providers and financial institutions over the coming months it is set to modernise the way bank accounts are used for payments, underpinning innovation for years to come in how we pay and get paid. Representing a step change in account-to-account payments, PayTo is much more than just a real-time alternative to direct debit. PayTo streamlines in-app payments, card-on-file arrangements, funding for digital wallet and buy-now-pay-later services and recurring e-commerce payments.
Accessing PayTo
Payments service providers, fintech and enterprise interested in initiating payments themselves, or on behalf of another third-party, can connect to PayTo via Cuscal. As a market leader in the NPP, Cuscal has the scale, experience, technical knowledge and trusted industry position to help payments service providers, fintech and enterprise compete and succeed with PayTo.
Merchants, businesses and government agencies interested in offering PayTo as a payment option for customers can now access PayTo services through a payments service provider connected to the Platform. Some of the leading innovators on the Platform today have integrated with PayTo through Cuscal’s Payment Initiator Service, building on top of our service to bring to life new innovative PayTo propositions.
Azupay
Established in 2019, Azupay is an Australian fintech focused on payment solutions using the New Payments Platform (NPP) technology, specialising in real-time payments using NPP and PayID to help government, business and consumers pay and get paid faster. www.azupay.com.au
Eway
Eway is a global omnichannel payment provider, processing ecommerce payments for merchants through a secure and reliable online payment gateway that makes it easy to accept payments from anyone, anywhere, from any device. www.eway.com.au
Ezidebit
Ezidebit is one of Australia’s leading online payment solution provider specialising in securely collecting Direct Debit, BPAY, EFTPOS and real-time payments for businesses. www.ezidebit.com
Ezypay
As one of Australia’s leading subscription payment providers, Ezypay offers a suite of easy-to-use subscription management services through their cloud-based payment platform, making it easy for businesses to settle payments and generate revenue through a standalone web interface, or directly integrated into a range of industry specific partner platforms. www.ezypay.com.au
GoCardless
GoCardless is a global leader in account-to-account payments, helping businesses accelerate the collection and management of recurring and one-off payments directly from customers’ bank accounts. With a global payments network and technology platform, GoCardless processes US$30 billion of payments for 65,000 businesses across more than 30 countries every year. www.gocardless.com
Monoova
Monoova supports scaling businesses with large, and often complex, ongoing transaction flows to fully automate how they receive, manage, pay and request payment of funds through one simple API integration. Its proprietary platform allows businesses to access a variety of payments functions, comprehensive reconciliation and reporting options and entirely customised real-time data. www.monoova.com
Paypa Plane
Australian fintech Paypa Plane helps banks and PSPs rapidly evolve product offerings without changing existing infrastructure through it’s simple ‘plug-in’ over the top bank-grade platform and white-label solutions, helping banks and PSPs create closer, more valuable and long term relationships with their small and medium business customers. www.paypaplane.com
Zai
Zai helps mid-market and enterprise-level business customers in the world of integrated financial services automate complex payment workflows and reconcile pay ins and payouts, helping them operate more effectively by saving time and money so they can scale and grow. www.hellozai.com
Sydney, 30 June 2022
Following the announcement that NPP Australia has opened access to PayTo for the first payments service providers, Cuscal announced today it is enabling 45 financial institutions and payment services providers with access to PayTo as rollout commences over the coming months.
Cuscal was one of the founding financial institutions that established the New Payments Platform (NPP), Australia’s real-time payment system, and enabled over 60% of the financial institutions that were live on Day 1.
Since that time, Cuscal has strengthened its position as the market leader in NPP services, building a strong foundation of clients, industry relationships, expertise and scale over the last five years.
Cuscal currently:
Cuscal is working closely with a large group of banks, payments service providers and software providers to support the ramp up of PayTo over the next few months. Cuscal’s PayTo development and implementation project has included many financial institutions and PSPs who wish to drive payment innovation and improved customer experiences using PayTo.
Bianca Bates, Chief Client Officer and Deputy CEO, Cuscal Limited, said:
Cuscal is able to support a wide range of capabilities. We are about enabling competition. We provide services that let our clients innovate and develop their businesses. It has been a rewarding process to work with our financial institution and payment service provider clients to enable them to be the early adopters for PayTo.
The first group of financial institutions and payment service providers integrating with PayTo through Cuscal will go-live between July and September, followed by fast followers between October and December. The gradual ramp up of PayTo is expected to be completed in 2023 with full industry adoption.
Cuscal’s NPP infrastructure, scalable solution design and modular API services have made it possible for both existing and new clients who are focused on investing in innovation for their customers, to extend their NPP services to access PayTo, ensuring they are at the forefront of future payments innovation across subscription and bill payments, ecommerce and in app transactions, embedded finance and account funding, and the bulk disbursement of funds.
Cuscal has also partnered with software providers to ensure that Cuscal’s NPP Payments and PayTo services are integrated seamlessly into all clients’ digital channels to deliver an optimum customer experience.
Cuscal’s expertise and scale has also attracted clients who are nimble, innovative and focused to take advantage of one seamless onboarding to enable them to be first to market with Cuscal’s NPP Payments and PayTo services.
James Foster, Chief Executive Officer, Ezypay, commented:
We chose to partner with Cuscal as we knew they could deliver on our requirements to be live with PayTo on Day 1. We are a leading subscription payments fintech and it’s comforting to know that Cuscal’s vision for the future of payments in Australia is strongly aligned with ours.
For more information about Cuscal’s PayTo initiation services, click here.
Payment Services Providers – initiating PayTo payments for businesses
Payer Financial Institutions – making PayTo payments for customers
Media contact
Simone Perryman, SShields@cuscal.com.au
NPP’s PayTo will be a new, digital way for merchants and businesses to initiate real-time payments from their customers’ bank accounts while allowing customers to see and control all recurring payments through their account. With the introduction of PayTo from mid-2022 all financial institutions that offer customer-initiated real-time payments will need to make significant changes to their back-office processes and technology in order to support receiving and actioning PayTo messages and payment initiation requests.
Ben Vivoda, Head of Client Services and Nathan Churchward, Head of Product Emerging Services, from Cuscal met virtually with members of the SAM Network to discuss this next phase of the NPP and the opportunities that PayTo will create.
Webinar: ‘SAM Network webinar: The NPP and PayTo’
