Media Releases
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PayTo ecosystem expands with certification of 12 Cuscal clients
Sydney, 4 October 2022 Cuscal Limited today announced that 12 clients have been approved to offer PayTo services to consumers and businesses, expanding the number of Identified Institutions certified as Payer Participants and Initiating Participants. Payer Participants enabled by Cuscal The following clients have been certified by Cuscal as Payer Participants: Bank Australia, BankWAW, Broken […]
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Cuscal becomes an accredited data recipient, opening the door to regulated data sharing and payments for Australian enterprise
Sydney, 23 September 2022 Cuscal Limited, Australia’s largest industry provider of payment solutions for the Australian financial services sector, was granted accreditation to participate in the Consumer Data Right (CDR) as an unrestricted accredited data recipient by the Australian Competition and Consumer Commission (ACCC) this week. Announcing Cuscal’s accreditation, Jamie Leach, Domain Lead for Regulated […]
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Cuscal enabling PayTo for financial institutions, payments service providers, fintechs and enterprise
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 […]
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Queensland Country Bank partners with Cuscal
Sydney, 29 October 2021 We are pleased to announce that Queensland Country Bank has selected Cuscal as their single payment’s services provider. Queensland Country Bank needed to find a partner who could help them aggregate all their payment service requirements, including Cards, Switching and Payments. Their key objectives were to simplify their contractual arrangements, streamline […]
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Cuscal announces membership of FDATA Australasia
Sydney, 18 March 2021 – Cuscal announced today that it will become the latest member of the Australasia chapter of the Financial Data and Technology Association (FDATA). Membership of FDATA will provide Cuscal with valuable advisory, regulatory and industry engagement opportunities through FDATA’s deep knowledge of Open Finance, network of global experts and position on working […]
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Product reference data sharing obligations commence for ADIs
Sydney, 1 October 2020 – Mandatory product reference data sharing obligations commenced today for non-major authorised deposit-taking institutions (ADIs), covering non-major banks, building societies and credit unions, and the non-primary brands of the major banks. In compliance with the relevant laws, Rules and Data Standards for the Consumer Data Right (CDR), Cuscal has partnered with […]
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Monoova becomes the latest non-bank to connect to the NPP
Sydney, 2 October 2019: End-to-end payments provider Monoova, and Australia’s leading independent provider of payment services for banks and payment platforms Cuscal, today announced the rollout of NPP payment capabilities to Monoova’s Automated Payment Service. As the latest member of the very small group of non-bank Identified Institution to be enabled on the NPP, Monoova […]
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Armaguard finalises Cuscal rediATM Scheme acquisition
Melbourne, 14 August 2019 – The Armaguard Group announced today the purchase completion of Cuscal’s physical ATM assets and has now taken over the management and operation of the rediATM Scheme together with all customer-owned servicing contracts. This purchase allows Armaguard to facilitate the continued provision of cash across the community. Gary Allen, CEO, Armaguard […]
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Armaguard Group acquires Cuscal rediATM Scheme
Sydney, 26 February 2019: Armaguard Group announced today the signing of an agreement to purchase Cuscal’s physical ATM assets and to take over the management and operation of the rediATM Scheme. The rediATM network provides direct charge fee-free transactions for the cardholders of rediATM Scheme members, with an extensive network of ATMs across hundreds of […]
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NPP launches with 60+ finance brands, 40 via Cuscal
The New Payments Platform (NPP) was made publicly available today with customers of more than 60 banks, credit unions and building societies now able to receive real-time payments. 40 of these are connecting via Cuscal, greater than 50% of the total, and we will be connecting more later this year. Financial institutions will roll out […]
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