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RBA Glossary definition for IT

IT – Information Technology

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Applications for Authorisation in Relation to PIN@POS – July 2016 | Payments System | Submissions

8 May 2024 Submissions
It is particularly important that the campaign does not give the impression that the only way of making a secure transaction is via the combination of the ‘CR’ button and PIN.
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-07/index.html

Proposed merger between Armaguard and Prosegur – October 2022 | Responses and Options Paper

8 May 2024 Submissions
It is not clear what the Applicants mean by the ‘cash distribution system’. ... to IT services, which may impact its ability to provide timely cash distribution and processing services.
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-october-2022/index.html

Submission to the Australian Competition and Consumer Commission – April 2024 | Submissions Payments System

8 May 2024 Submissions
The RBA supports the ABAs application, because it will enable discussions, agreements and implementation of business continuity measures in the event of a suspension, disruption or exit of Armaguards ... The submission provides the RBA perspective based
https://www.rba.gov.au/publications/submissions/payments-system/accc-on-aba-cash-in-transit-application-04-2024/index.html

Proposed Merger Between Armaguard and Prosegur – April 2023 | Responses and Options Paper

8 May 2024 Submissions
It shows a further, significant step-down in cash usage compared to three years ago (Graph 1). ... those designated payment systems, if it is in the ‘public interest’ to do so (i.e.
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-april-2023/index.html

Inquiry into Mobile Payment and Digital Wallet Financial Services – July 2021 | Payments System | Submissions

8 May 2024 Submissions
For this reason, it has been more widely adopted in countries where card payments were already common, such as Australia. ... In contrast, Apple states that it does not collect transaction information that can be tied back to an individual Apple Pay user.
https://www.rba.gov.au/publications/submissions/payments-system/inquiry-into-mobile-payment-and-digital-wallet-financial-services/index.html

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions

28 Dec 2019 Submissions
thereby making it easier for SVF providers to understand and comply with the regulatory requirements. ... An updated response, published in October, outlined the actions it had taken to address each recommendation.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html

Submission to the Inquiry into the Treasury Laws Amendment (Reserve Bank Reforms) Bill 2023 | Performance and Accountability | Submissions

2 Feb 2024 Submissions
It will help mitigate the risk of unrealistic public expectations of what monetary policy can achieve. ... to be always clear about how it is balancing its two objectives and why.
https://www.rba.gov.au/publications/submissions/other/inquiry-into-the-treasury-laws-amendment-reserve-bank-reforms-bill-2023/index.html

Background on the Australian Listed Equity Market | Financial Sector | Submissions

17 Sep 2021 Submissions
If it were to do so, a company could invest capital in some business, float it on the stock exchange and make a capital gain. ... For example, it can be higher because companies might have market power in their product markets.
https://www.rba.gov.au/publications/submissions/financial-sector/background-on-the-australian-listed-equity-market-2021-09/index.html

Submission to the ACCC: eBay and PayPal – 2 May 2008 | Payments System | Submissions

2 May 2008 Submissions
The second is that it could restrict merchants' ability to negotiate lower fees. ... And the third is that it restricts choice for consumers. These three issues are set out and discussed below.
https://www.rba.gov.au/publications/submissions/payments-system/ebay-and-paypal/

Submission on Data Sharing and Release Legislation – August 2018 | Data Sharing | Submissions

1 Aug 2018 Submissions
While the Bank would not oppose a further review of section 79A and the Regulation made under it, it believes that together they currently achieve a balance between permitting appropriate sharing ... It will be important to clarify what is covered by the
https://www.rba.gov.au/publications/submissions/other/data-sharing-and-release-legislation/