The New Payments Platform may mean faster transactions, but it won't be safer
- Written by Steve Worthington, Adjunct Professor, Swinburne University of Technology
The New Payments Platform could lead to more fraud and abuse.ShutterstockAustralians will finally enjoy the ability to send each other money in “real time”, with the launch of the New Payments Platform (NPP) today. The platform is a mixture of new processes for settling transactions between banks, guided by the Reserve Bank of...
Read more: The New Payments Platform may mean faster transactions, but it won't be safer