Search: PSB
RBA Glossary definition for PSB
PSB – Payments System Board. Created in 1998, within the Reserve Bank of Australia (RBA). The PSB is responsible for determining the RBA's payments system policy so as to best contribute to: controlling risk in the financial system; promoting the efficiency of the payments system; and promoting competition in the market for payment services, consistent with the overall stability of the financial system. Powers to carry out the PSB's policies are vested in the RBA.
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The Evolving Payments Landscape
21 Oct 2021
PSB Annual Report
– 2021
Payments System Board Annual Report – 2021 2. The Evolving Payments Landscape. Monitoring trends and developments in retail payments informs the Board's policy work and strategic priorities. Payments are increasingly made electronically. The way
https://www.rba.gov.au/publications/annual-reports/psb/2021/the-evolving-payments-landscape.html
Governance
20 Sep 2018
PSB Annual Report
– 2018
Payments System Board Annual Report – 2018 Governance. The Payments System Board is responsible for the Reserve Bank's payments system policy. Members of the Board comprise representatives from the central bank, the prudential regulator and five
https://www.rba.gov.au/publications/annual-reports/psb/2018/governance.html
Developments in the Financial System Architecture
20 Apr 2016
FSR
– April 2016
The Government also supported the PSB progressing its Review of Card Payments Regulation. ... As discussed in previous Reviews, the PSB has been undertaking a review of the framework for the regulation of card payments.
https://www.rba.gov.au/publications/fsr/2016/apr/dev-fin-sys-arch.html
Developments in the Financial System Architecture
10 Mar 2015
FSR
– March 2015
On payments system issues, the Report was generally supportive of the work the Bank's Payments System Board (PSB) has undertaken since its inception in 1998. ... In the payments system area, the Report was generally supportive of the work of the PSB,
https://www.rba.gov.au/publications/fsr/2015/mar/dev-fin-sys-arch.html
Developments in the Financial System Architecture
20 Oct 2016
FSR
– October 2016
This was a comprehensive examination of the regulatory framework for card payments, guided by the mandate of the Bank's Payments System Board (PSB) to promote competition and efficiency in the ... The key decisions taken by the PSB related to surcharging,
https://www.rba.gov.au/publications/fsr/2016/oct/dev-fin-sys-arch.html
Payments System Board
21 Oct 2021
RBA Annual Report
– 2021
Reserve Bank of Australia Annual Report – 2021 Payments System Board. The Payments System Board comprises up to eight members: the Governor; Assistant Governor (Financial System); Chair of the Australian Prudential Regulation Authority (APRA); and
https://www.rba.gov.au/publications/annual-reports/rba/2021/payments-system-board.html
4. Financial Market Infrastructures
21 Oct 2021
PSB Annual Report
– 2021
Payments System Board Annual Report – 2021 Box B:. Assessing the Cyber Resilience of FMIs. Cyber security threats are currently ranked by the Council of Financial Regulators (CFR) as one of the top five risks to the Australian financial system.
https://www.rba.gov.au/publications/annual-reports/psb/2021/box-b-assessing-the-cyber-resilience-of-fmis.html
Developments in the Buy Now, Pay Later Market
18 Mar 2021
Bulletin
– March 2021
The buy now, pay later (BNPL) sector is growing rapidly and new providers and business models are emerging.
https://www.rba.gov.au/publications/bulletin/2021/mar/developments-in-the-buy-now-pay-later-market.html
The New Payments Platform and Fast Settlement Service
20 Sep 2018
Bulletin
– September 2018
A significant advance in the Australian payments system occurred in February 2018 with the public launch of the New Payments Platform (NPP).
https://www.rba.gov.au/publications/bulletin/2018/sep/the-new-payments-platform-and-fast-settlement-service.html
Retail Payments Regulation and Policy Issues
21 Oct 2021
PSB Annual Report
– 2021
Payments System Board Annual Report – 2021 3. Retail Payments Regulation and Policy Issues. The Reserve Bank determines policy for, and undertakes research into, retail payment systems under its remit to promote a safe, competitive and efficient
https://www.rba.gov.au/publications/annual-reports/psb/2021/retail-payments-regulation-and-policy-issues.html