Sarah Sloan on why Australian government agencies are losing ground in the fight against payment fraud

As governments worldwide grapple with escalating payment fraud, the challenge has shifted from isolated incidents to highly organised, technology-enabled crime operating at scale. Legacy systems,
Australians lose millions to payment scams

Due to a significant rise in fraudulent activities that have already resulted in significant financial losses for individuals, authorities have urged Australians to exercise extra
Government to phase out nation’s cheque system by 2030

The federal government has announced that the cheque system in Australia is set to wind down no later than 2030. Under the Strategic Plan for
Payment Times Procurement Connected Policy aids government suppliers

Suppliers of government contracts are expected to receive better payment times thanks to the new Payment Times Procurement Connected Policy. The new policy aims to improve payment