August Newsletter
The Australian Taxation Office (ATO) has released its Corporate Plan for 2024-25, outlining the strategic priorities that will shape tax,
superannuation and registry
systems over the coming years. Here are our key insights from the ATO’s Corporate Plan for DSPs.
DSPANZ News
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Farewell Donna
After 6 years as our Operations Manager, Donna Burridge, is leaving this week to enjoy
the bliss of retirement and some well deserved
travel. Donna has been an integral part in shaping DSPANZ into the organisation it is today - we cannot thank her enough for the long
lasting impact she has made.
We wish Donna all the best in the adventures ahead - we're excited to see where the next journey takes her.
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Payment Times Reporting
Submission
DSPANZ provided a submission to the Treasury’s consultation on the Payment Times Reporting Rules Amendments on 19 August 2024. While
we supported the amendments requiring large businesses to report the proportion of payments relating to Peppol enabled invoices, we
recognised more can be done to integrate eInvoicing within the Payment Times Reporting Scheme.
Learn more and read the full submission here.
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Get to know our Director - Collette Betts!
Introducing
Collette Betts! Since joining the DSPANZ board in January, Collette has quickly become a valuable addition. With deep leadership
experience in corporate affairs, media, and government relations from her role at MYOB, Collette’s contributions are already
making a significant impact on both DSPANZ and the business
software industry.
Meet the rest of the DSPANZ Board here.
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DSPANZ Representation
Over the past month, we’ve been attending the following representing DSPs:
- NSW Industrial Relations meeting
- Digital Advisory Group
meeting
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Closing
Loopholes Changes Now in Effect
From
26 August, a number of changes to workplace laws as part of the Closing Loopholes reforms are now in effect. Learn more about these
changes by following the links
below:
Stay up to date with the Closing Loopholes changes and when they start here.
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CDR Action
Initiation Legislation Passes
The Treasury Laws Amendment (Consumer Data Right) Bill 2022 recently passed to enable action initiation within the CDR. This change
will allow accredited person to instruct on actions on their behalf, such as making a payment, opening and closing an
account, switching
providers and updating personal details through the CDR system.
Stay up to date with the rollout of the CDR here.
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ATO Operational Security
Framework Annual Review Process Updated
The ATO has updated the annual review process for the DSP Operational Security Framework (OSF). The ATO will now raise an OSF annual
review ticket via the DSP service desk on behalf of DSPs and include this ticket
number with the instructions DSPs need to take for their
annual review.
Learn more about the OSF here.
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New Zealand Government
Peppol Supplier Panel
The
Ministry of Business, Innovation and Employment is refreshing the New Zealand Government Peppol supplier panel. Peppol Authority
certified
providers from New Zealand and Australia are invited to respond to the RFP with the view to become a member of the panel and
supply a range of Peppol services to government agencies in New Zealand.
Learn more about the RFP here.
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Generative AI for Government
Event
Join us this October at the second annual Generative AI for Government event in Sydney, where you’ll
have the chance to explore
cutting-edge AI innovations and their practical applications in government services. There's
still time to get your tickets - don't miss out!
As proud sponsors of this event, we’re thrilled to share that two DSPANZ members have already snapped up their free 2-day passes! Plus, all
our members can still enjoy 15% off the
registration fee. Want to access benefits like these? Become
a member today
and enjoy all that DSPANZ has to offer.
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Member Spotlight
Who are you?
Zepto’s founders began their
entrepreneurial journey together as merchants in Byron Bay. After successfully exiting their skydiving
business, they solved their biggest business frustration: slow, costly, data-blind payments. Simply receiving money promptly was an
enormous pain point. After navigating the spaghetti mess of fragmented payment offerings, they decided they could do a better job
themselves. And so, the business that is now called Zepto was born.
Zepto’s founders recognised
early that the combination of real-time payments and insights had incredible potential. From Byron Bay, the
determined team set out to build a platform that would enable businesses to get paid in real-time, with precision and tonnes of data.
Today, Zepto is a scaling tech company laser-focused on a mission to deliver value for enterprise businesses and their customers through
faster, more efficient, secure payments experiences. As Australia’s first non-authorised deposit-taking
institution (ADI) approved to
connect directly to the New Payments Platform (NPP) as a ‘Connected Institution,’ Zepto has positioned itself as a trusted
infrastructure player and a pioneering force in modernising payment experiences.
What do you do?
Zepto creates real-time, account-to-account [A2A] payment solutions for large enterprises. Rather than waiting days for a transaction to
clear, Zepto-powered payments can move, settle,
and reconcile in seconds 24-7-365. These are payments that move in real time, all the time.
Zepto's API opens up a unique set of access points to Australia's A2A payments infrastructure to enable these payments: the BECS Direct
Entry system, and the modern real-time infrastructure of the New Payments Platform [NPP]. Through a single API integration, businesses
unlock a toolkit of solutions from which they can assemble the perfect payment flows for their business using nothing more
than bank
accounts. Via
Zepto's simple-to-use API, businesses can confidently make, take and manage data-rich payments directly from their customers' bank
accounts, and have them settle and reconcile instantly. Using Zepto’s suite of A2A solutions like its enterprise PayID, PayTo, NPP
payouts, direct debit and unique Stored Value solution, businesses can confidently make, take and manage data-rich payments directly from
their customers' bank accounts, and
have them settle and reconcile instantly 24-7-365. Last year Zepto partnered with digital delivery firm
OZEDI to devise Australia’s first instant super fund payments solution. This groundbreaking partnership allows Australian businesses to
instantly and securely pay contributions to super funds nationally via the NPP with a new PayTo-powered SuperStream service.
Where are you located?
We are
a remote-first organisation with employees across Australia. Our headquarters are in
Byron Bay where we were founded, and we also have offices in Sydney and Melbourne.
Learn more about Zepto here!
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Until next time,
The Team at DSPANZ.
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