Search: NPP
RBA Glossary definition for NPP
NPP – New Payments Platform
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The Australian Financial System
10 Feb 2020
FSR
April 2019
PDF
914KB
https://www.rba.gov.au/publications/fsr/2019/apr/pdf/03-australian-financial-system.pdf
Submission to the Senate Select Committee on Financial Technology and Regulatory Technology
9 Jan 2020
Submissions
PDF
797KB
financial institutions, including the Reserve Bank. The NPP provides the clearing and settlement. ... financial institutions, including the Reserve Bank, which funded the development of the NPP.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/pdf/financial-and-regulatory-technology.pdf
The Australian Financial System
10 Feb 2020
FSR
April 2018
PDF
1279KB
https://www.rba.gov.au/publications/fsr/2018/apr/pdf/03-australian-financial-system.pdf
65 Martin Place Sydney NSW 2000 GPO Box 3947 ...
23 Apr 2020
Submissions
PDF
580KB
The MPS is currently in development; the operator of the NPP, NPP Australia, anticipates that financial institutions will begin to rollout services utilising the MPS in early 2022. ... However, the NPP does not currently provide access to some account
https://www.rba.gov.au/publications/submissions/payments-system/pdf/future-directions-for-the-consumer-data-right.pdf
The Australian Financial System
10 Apr 2018
FSR
– April 2018
The Fast Settlement Service (FSS), a new component of RITS, facilitates the settlement of NPP payments on a 24/7 basis. ... Box D: The New Payments Platform and Fast Settlement Service’ provides detail on the NPP and FSS and their financial stability
https://www.rba.gov.au/publications/fsr/2018/apr/australian-financial-system.html
A Strategic Plan for the Payments System
6 Jun 2023
Submissions
PDF
539KB
themselves. The New Payments Platform (NPP) PayID addressing system is one method to help reduce. ... Roadmap milestones. While the PayTo service went live in June 2022 as scheduled, many NPP.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/consultation-on-a-strategic-plan-for-the-payments-system.pdf
Financial Stability Review April 2019
10 Feb 2020
FSR
April 2019
PDF
3192KB
https://www.rba.gov.au/publications/fsr/2019/apr/pdf/financial-stability-review-2019-04.pdf
Submission to the Senate Select Committee on Australia as a Technology and Financial Centre - July 2021
19 Jul 2021
Submissions
PDF
610KB
As most fintechs are not prudentially regulated by APRA, they are not able to access the NPP directly to clear payments. ... services that leverage the NPP capabilities and potential constraints on the ability of entities to connect to the NPP.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/inquiry-into-australia-as-a-technology-and-financial-centre.pdf
Competition in the Payments System | Submission to the Productivity Commission Inquiry – September 2017 | Financial Sector | Submissions
6 Sep 2017
Submissions
Looking forward, the New Payments Platform (NPP) and the introduction of an open banking regime may facilitate the development of services that make account switching easier (see below). ... The NPP, currently under development by a group of 13 financial
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/competition-in-the-payments-system.html
Competition in the Australian Financial System - March 2018
21 Mar 2018
Submissions
PDF
503KB
Supplementary Submission to the Productivity Commission Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system-2018-03/pdf/supplementary-submission-to-productivity-commission-march-2018.pdf