Payments Revolution

The New Payments Platform (NPP) supports a 24/7 digital economy. It works by moving money in real-time between bank accounts. The NPP gives users faster payments, simpler payment IDs (PayIDs) and more detailed transfer descriptions.

Discover how payment automation is transforming lending. Learn how Monoova and finPOWER Connect empower lenders with real-time payments, compliance, and scalability.

The wealth management sector is evolving rapidly, driven by shifting investor expectations and increasingly powerful technology. Wealth management clients, whether they’re everyday Australians building their nest egg, SMSF holders or high-net-worth individuals diversifying their portfolios, increasingly expect fast, flexible access to their money. In a market where timing can significantly impact returns, offering real-time capability gives wealth management platforms the ability to disrupt the status quo and build their reputation as a future-focused, cutting-edge provider.

For many businesses, keeping track of incoming transactions is a full-time job. It takes time to get paid; it takes additional time to find out that those transactions have been received; and it takes an awful lot of time to track down who paid you when lodgement references have been mistyped or forgotten.