Search: SCCI
RBA Glossary definition for SCCI
SCCI – Specialist Credit Card Institution
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Non-Banks in the Payments System: A Central Bank Perspective
4 May 2007
Speech
Remarks by Philip Lowe to the Federal Reserve Bank of Kansas City Conference on ‘Non-Banks in the Payments System: Innovation, Competition and Risk’, Santa Fe
https://www.rba.gov.au/speeches/2007/sp-ag-050507.html
Non-Banks in the Payments System: A Central Bank Perspective
11 May 2007
Bulletin
PDF
49KB
Reserve Bank of Australia Bulletin May 2007
https://www.rba.gov.au/publications/bulletin/2007/may/pdf/bu-0507-3.pdf
Payments System Board Annual Report 2004 - Competition and Efficiency
22 Sep 2005
PSB Annual Report
2004
PDF
67KB
https://www.rba.gov.au/publications/annual-reports/psb/2004/pdf/competition.pdf
The Problem | Variation to the MasterCard and Visa Access Regimes: Details-stage Regulation Impact Statement – March 2014
9 Mar 2023
This both discourages entry and imposes unnecessarily high costs on those that seek SCCI status. ... of parties have, in the past, considered gaining SCCI status but decided against it.
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/201403-impact-stmt/problem.html
Payments System Board Annual Report 2004 -Glossary
22 Sep 2005
PSB Annual Report
2004
PDF
40KB
https://www.rba.gov.au/publications/annual-reports/psb/2004/pdf/glossary.pdf
Background | Variation to the MasterCard and Visa Access Regimes: Details-stage Regulation Impact Statement – March 2014
9 Mar 2023
Since the introduction of these arrangements, only two entities have gained SCCI status; a third entity has recently indicated that it has received in-principle approval to become an SCCI. ... joining the system and that an SCCI intending to acquire both
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/201403-impact-stmt/background.html
Abbreviations
2 Oct 2013
PSB Annual Report
– 2013
RTGS. Real-time gross settlement. RTPC. Real-Time Payments Committee. SCCI. Specialist Credit Card Institution.
https://www.rba.gov.au/publications/annual-reports/psb/2013/abbreviations.html
Debit Cards
20 Sep 2005
PSB Annual Report
– 2005
At the time this access regime was being developed, the Bank expected that an SCCI joining the Visa credit card system with the intention of acquiring credit card transactions would also ... If an SCCI is not able to acquire both Visa credit and debit
https://www.rba.gov.au/publications/annual-reports/psb/2005/debit-cards.html
Credit and Charge Cards
20 Sep 2005
PSB Annual Report
– 2005
In addition, MoneySwitch, the first organisation seeking to specialise in the provision of acquiring services (including both credit and debit card acquiring) to merchants was authorised by APRA as an SCCI ... Of the new non-bank entrants, only GE Money
https://www.rba.gov.au/publications/annual-reports/psb/2005/credit.html
Final Reforms and Regulation Impact Statement - Attachment 6
23 Aug 2002
PDF
69KB
capital ratios, liquidity ratios,prescribed provisioning amounts, etc) for the proposed SCCI; and. ... b) Any plans to transfer assets from subsidiaries and associates to theproposed SCCI.
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/final-reforms/attachment-6.pdf