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Bullock: Modernising Australia's Payments System
Thank you for the invitation to speak at AusPayNet’s annual summit. The payments landscape is changing rapidly, with new business models and technologies entering the space. The industry is also moving from legacy systems towards new platforms that can deliver payment services that are faster, safer and more convenient. We therefore need to modernise our regulatory architecture and payments infrastructure to support these innovations, and we have been working with the Government to update the regulatory framework. This morning, I will talk through how the Payments System Board is responding to this changing ... (full story)