{"id":9,"date":"2016-01-29T10:14:02","date_gmt":"2016-01-29T10:14:02","guid":{"rendered":"https:\/\/the7.io\/beauty-studio\/?page_id=9"},"modified":"2024-04-11T14:25:21","modified_gmt":"2024-04-11T04:25:21","slug":"news","status":"publish","type":"page","link":"https:\/\/sydneycdf.org.au\/news\/","title":{"rendered":"News"},"content":{"rendered":"

[vc_row][vc_column][vc_empty_space][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]CDF Online – Two Factor Authentication Coming<\/strong><\/p>\n

CDF Sydney has recently commenced an initiative to upgrade the functionality available to customers within CDF Online. The upcoming upgrade will include a redesign of the platform, additional self-service functionality as well as the introduction of two factor authentication via SMS for all users.\u00a0 This means that if you are a user of CDF Online, you will need to provide the CDF with your mobile phone number and email address to maintain ongoing seamless functionality such as authorising transactions and changing passwords.<\/p>\n

To ensure your access to CDF Online is not interrupted upon completion of the upgrade and the move to two factor authentication, we want to be sure we have your most up to date contact details on file. Please contact the CDF on 02 9390 5200 if you are unsure as to whether we already hold this information for you.<\/p>\n

Additional information on the upgrade to CDF Online including the completion and go live date will be provided as available.<\/p>\n

Please don\u2019t hesitate to contact the CDF on 02 9390 5200 if you have any questions<\/p>\n

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CDF Sydney No Longer Issues Cheque Books<\/strong><\/p>\n

Cheque usage in Australia has rapidly declined, with only 7% of payments made by cheque in 2020 compared to 69% in 1995. \u00a0In contrast, electronic fund transfer usage has increased dramatically, accounting for 68% of non-cash payments in 2020 compared to 12% in 1995.\u00a0 Furthermore, since the onset of COVID-19 in 2020, the percentage of payments made by cheque has even further declined.<\/p>\n

The Commbank is already well advanced in its transition from cheques to alternative means.\u00a0 From June 2023, the Commbank will no longer issue new cheque books.<\/p>\n

Therefore, there is now an urgent need for the Catholic Development Fund, Sydney (CDF) and especially our clients to commence our own transition to avoid business disruption as the support network for cheques continues its decline.<\/p>\n

The CDF already offers safer, faster, more efficient, and reliable alternatives for making payments, including:<\/p>\n