Sydney, 8 July 2026 – The Account-to-Account (A2A) Funds Roundtable has at this time launched its A2A funds imaginative and prescient, incorporating suggestions from a public session and ongoing engagements with a broad vary of end-users and different stakeholders on Australia’s A2A funds system.
The Roundtable brings collectively Australian Funds Community Restricted (AusPayNet), Australian Funds Plus (AP+), the Reserve Financial institution of Australia (RBA) and Commonwealth Treasury.1
The imaginative and prescient units out the long-term course for Australia’s A2A funds system:
A trusted account-to-account funds system that meets the evolving wants of customers, companies and authorities companies, supporting resilience, competitors, innovation and productiveness within the Australian financial system.
A2A funds are foundational to Australia’s financial system, supporting tens of millions of transactions on daily basis – together with the cost of wages, superannuation, welfare, payments and taxes, and transfers of cash to household and associates. Because the setting for funds modifications quickly – pushed by advances in know-how, elevated fraud and cyber threats, and shifting end-user expectations – the imaginative and prescient gives a transparent and enduring reference level for the long run growth of A2A funds in Australia.
The imaginative and prescient is centred on 5 outcomes that A2A funds should ship for customers, companies and authorities companies (end-users): that they’re protected, dependable, reasonably priced, straightforward to make use of and inclusive. To constantly ship these outcomes, the imaginative and prescient defines six traits the A2A funds system should exhibit – that it’s safe and guarded; extremely out there and resilient; function and functionality wealthy; accessible for suppliers; commercially viable; and appropriately standardised. These traits ought to be supported by clear, collaborative and adaptable governance preparations that make sure the A2A funds system stays a trusted nationwide asset working within the public curiosity.
What we heard
The imaginative and prescient has been formed by intensive engagement, together with workshops, bilateral discussions and a current public session that attracted submissions from throughout the funds ecosystem. Suggestions confirmed robust assist for the course of the imaginative and prescient, with stakeholders – together with banks, cost service suppliers, fintechs, know-how corporations, retailers, business our bodies and authorities companies – constantly backing a shared nationwide imaginative and prescient, stronger A2A functionality and the modernisation of Australia’s funds infrastructure. Submissions additionally made clear stakeholders are eager to know how the imaginative and prescient shall be delivered – together with prioritisation, sequencing and governance – which shall be addressed by way of the A2A funds roadmap.
A abstract of session suggestions, setting out how the imaginative and prescient has been refined in response to the suggestions acquired, has been printed alongside the A2A funds imaginative and prescient.
Subsequent steps
With the A2A funds imaginative and prescient finalised, the main target now shifts to the event of the A2A funds roadmap. The roadmap will outline the best way ahead for attaining the imaginative and prescient, together with high-level deliverables, implementation timelines, and related governance and coordination preparations. A shared roadmap will assist underpin competitors, innovation, and resilience throughout the funds ecosystem, giving banks, cost service suppliers and scheme operators a transparent basis on which to construct services. To assist the event of the roadmap, structured mechanisms have been established to hunt enter and suggestions from banks, cost service suppliers, end-users and different stakeholders through the course of.
The ultimate imaginative and prescient report, together with a abstract of session suggestions, and all submissions acquired by way of the general public session (except confidentiality was requested by the respondent), will be discovered on the devoted webpage www.a2apaymentsaustralia.com.au.
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