PayID - News, Features, and Slideshows

News

  • More security needed for real time banking system

    The PayID real-time banking system owned by Australian financial institutions through the New Payments Platform (NPP) has been the victim of hacker misuse twice this year, highlighting just how vulnerable the nation’s real time payments infrastructure is.

    Written by Paul Haskell-Dowland24 Oct. 19 09:59
  • Westpac confirms PayID look-up 'mis-use'

    ​Westpac bank has confirmed that it “had detected mis-use” of the New Payments Platform’s PayID feature, following a report that the details of thousands of customers were looked up by a ‘fraudster’.

    Written by George Nott04 June 19 10:29
  • New Payments Platform PayID feature suffers day one wobbles

    Banking customers attempting to create their PayID – a feature of the newly launched New Payments Platform – were hit with error messages and delays yesterday as the addressing database behind it suffered ‘temporary congestion’.

    Written by George Nott14 Feb. 18 14:43
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