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A strategic review of CDR, undertaken by Accenture, found that Australia’s banks had invested $1.5 billion since 2018.
The new technical partnership aims to improve the payment process for merchants and their customers.
Trustly’s chief revenue officer said payment speeds are “as low as 10 seconds”.
The letter, addressed to the four main political parties, has been signed by trade bodies and business leaders from the digital ID industry.
Up until now, Noda’s Open Banking network has operated in the UK, Europe and Canada.
The Payments Association has published the findings of its financial crime survey and called for changes to the PSR’s APP fraud reimbursement scheme.
Project Nexus will move to live implementation, connecting the domestic instant payment systems of five countries in Asia.
It also revealed that pan-European VoP delivery is “on track” for end of 2024.
Companies and individuals have until 26 July to enter this year’s Awards.
The latest version of the Standard includes mandatory and optional updates, following consultation with the industry.
