Navigating the evolving payments landscape and regulation. CEO of Australian Payments Network, Dr. Leila Fourie - discusses some aspects of the changing payments landscape, and explains the role of AusPayNet in guiding and building industry collaboration to ensure that Australia retains an efficient, effective, robust and secure payments system going forward.

1. Navigating the Evolving
Payments Landscape
AusPayNet
APCA is now Australian Payments Network Limited - stay tuned for our new brand identity!

2. 1. Changing Payments Landscape
3. Payments: The Next Generation
3. Industry Priorities

3. Changing Payments Landscape
• Decline in traditional payments
• Entry of tech companies
• Digital developments

4. Changing Payments Mix: Australia

5. Changing Payments Mix: Australia
Cash
Cards
Direct entry
Cheques

6. Changing Payments Mix: International

7. Changing Payments Mix: International

8. Identity Crime Becoming More Common in Australia

9. Chinese
Fintechs
Dominate

10. AusPayNet

11. Internet Challenger Banks in China
Number of Payments
2013 2016
Traditional Banks Internet Banks

12. Digital Developments

13. Artificial Intelligence

14. Payments: The Next Generation
• Open Data Access
• Digital Identity
• Industry Priorities
• AusPayNet Repositioning

15. Open Data
Access

16. Digital Identity

17. Industry Priorities: 2017 & Beyond
• Card-not-Present (aka Online) Fraud
• Cybersecurity
• Open-loop Transit – Transport NSW
• New ISO Blockchain Standards

19. Domestic Cost of Fraud: Changing Mix
Value
Cheques
Card not
Present
Lost or
Stolen Card
Skimming
Card Application
Fraud
Card Never
Received
Other
2006 2016

20. Domestic Cost of Fraud: Changing Mix
Number
Cheques
Card not
Present
Lost or
Stolen Card
Skimming
Card Application
Fraud
Card Never
Received
Other
2006 2016

21. Cybersecurity

22. Open-loop Transit
Open-loop Transit

23. Blockchain
Standards