GoCardless: lessons in third party payment initiation from the UK

Luke Fossett from GoCardless discusses the potential of ‘PayTo’, NPP’s mandated payments service.  In particular, we look at lessons from the UK market when it comes to third party payment initiation and Open Banking.

NAB’s Rachel Slade: lessons learned from NPP roll-out

Rachel Slade has watched the New Payments Platform (NPP) grow from multiple perspectives. As a director on NPP Australia’s Board and from within participating organisationsmost recently as Group Executive Personal Banking at the National Australia Bank. In this episode Rachel reflects on whether the NPP we see today meets the expectations set by the Real Time Payments Committee back in 2013, and the lessons to apply to the future delivery of the NPP’s Mandated Payments Service. 

The Clearing House: fast payments in the United States

Shortly before the launch of Australia’s NPP, in late 2017 The Clearing House rolled out America’s first real-time payments infrastructure – the RTP network. In this episode, take a virtual trip to the United States to hear Senior Vice President of Product Strategy and Development at The Clearing HouseSteve Ledford, describe what fast payments look like in the United States, including the use cases driving the RTP’s growth. 

Reserve Bank of Australia’s Stephanie Connors discusses government use of the NPP

When the COVID19 pandemic was declared, government departments charged with responding to the emergency used the NPP to access funding in near real-time, thanks to a significant program of work that was completely literally weeks before. In this episode of NPP Soundbites, Deputy Head of the Reserve Bank of Australia’s Banking Department, Stephanie Connors, describes this work and why we are just seeing the beginning of the modernisation of the government’s banking capabilities using the NPP.

Azupay’s John Murphy says consumer adoption is key to moving innovation onto the NPP

John Murphy is the recently appointed CEO of Azupay, one of the first organisations to offer C2B payments via the NPP. John was also a founding member of the Real Time Payments Committee in 2013, which designed the strategy and design concept for the NPP. In this episode John explains the innovation being developed by Azupay to enable real-time C2B payments and disbursements. He also discusses why he thinks collective industry energy will increase innovation on the NPP.

Block8: combining fast payments with DLT and blockchain

The application of blockchain in payments is a topic often debated.  In this episode of NPP Soundbites, Samuel Brooks, the Chief Technology Officer at Block8, explains how his blockchain development studio has created and delivered enterprise solutions that combine block chain with real-time payments on the NPP.

Split Payments: Combining the NPP with Open Banking

In episode five of NPP Soundbites, Adrian Kennedy, Cofounder and Executive Director of Split Payments explains how the fintech is combining the NPP with Open Banking to drastically enhance and improve account-to-account banking. He also makes a case for placing morality at the heart of future payments innovation.

Assembly Payments: using the NPP to enable future business models

Tim Dickinson is co-CEO of Assembly Payments, the first non bank to go live on the NPP, and an organisation that has now moved more than AUD$4b  across the platform. In this NPP Soundbite, Tim explains how Assembly Payments has evolved its NPP enabled offerings since it launched two years ago, and why he’s excited about the development of the NPP’s Mandated Payments Service.

Simone Joyce discusses the MPS and Fintech participation in the NPP

Fintech Australia Chair and CEO and co-founder of Paypa Plane, Simone Joyce, discusses the Mandated Payments Service, Fintech participation in the NPP and adapting government regulatory framework to support wider NPP participation.

Helping rapidly scaling companies remove obstacles to their growth

Monoova is an NPP Identified Institution and early NPP adopter. CEO Christian Westerlind Wigstrom explains how Monoova uses the NPP’s capabilities to offer real-time account payables and receivables functionality, helping rapidly scaling companies remove obstacles to their growth.

Financial wellbeing and the NPP

Earnd uses the NPP to enable employees to access up to 50 per cent of their pay in real-time without charge. General Manager of Earnd Australia, Brad Joffe, explains how the fintech accesses the NPP to improve people’s lives.