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RBA Glossary definition for FAST

FAST – Fast and Secure Transfers

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5.5 Abbreviations

19 Oct 2023 RBA Annual Report – 2023
FSS. Fast Settlement Service (of RITS). FTE. full-time equivalent. FX. foreign exchange.
https://www.rba.gov.au/publications/annual-reports/rba/2023/abbreviations.html

Risk Management

27 Oct 2022 RBA Annual Report – October 2022
transacting in financial markets to implement monetary policy. maintaining the infrastructure to facilitate real-time interbank payment and settlement services through RITS and the Fast Settlement Service.
https://www.rba.gov.au/publications/annual-reports/rba/2022/risk-management.html

Boxes

31 Dec 2018 FSR – 2018
A number of Boxes on topics of special interest are published in the Financial Stabiilty Review. These boxes can be read as stand-alone documents or within the relevant Financial Stability Review.
https://www.rba.gov.au/publications/fsr/2018/boxes.html

Banking and Payment Services

17 Oct 2019 RBA Annual Report – 2019
The Reserve Bank Information & Transfer System (RITS) is a critical piece of payments infrastructure that sits at the core of the Australian financial system, enabling the fast and reliable transfer and ... The Fast Settlement Service (FSS) is a RITS real
https://www.rba.gov.au/publications/annual-reports/rba/2019/banking-and-payment-services.html

Oversight of High-value Payment Systems

24 Oct 2016 PSB Annual Report – 2016
Payments System Board Annual Report – 2016 Oversight of High-value Payment Systems. The Payments System Board oversees Australia's systemically important payment systems, notably Australia's real-time gross settlement system, the Reserve Bank
https://www.rba.gov.au/publications/annual-reports/psb/2016/oversight-of-high-value-payment-systems.html

2.3 Banking and Payment Services

19 Oct 2023 RBA Annual Report – October 2023
Banking and Payment Services | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/banking-and-payment-services.html

Oversight of High-value Payment Systems

9 Oct 2015 PSB Annual Report – 2015
As discussed in the chapter on ‘Strategic Review of Innovation’, the Fast Settlement Service (FSS) is being developed by the Reserve Bank to facilitate the final and irrevocable settlement of each
https://www.rba.gov.au/publications/annual-reports/psb/2015/oversight-of-high-value-payment-systems.html

Box A: Risks in International Housing Markets

20 Oct 2017 FSR – October 2017
Much like in Australia's largest cities, investor demand has been strong in several fast-growing markets, including Auckland, Toronto and Vancouver.
https://www.rba.gov.au/publications/fsr/2017/oct/box-a.html

Banking and Payment Services

27 Oct 2022 RBA Annual Report – October 2022
RITS also provides the Fast Settlement Service (FSS), a RTGS service to support the NPP. ... fast payment systems.
https://www.rba.gov.au/publications/annual-reports/rba/2022/banking-and-payment-services.html

Our Role

27 Oct 2022 RBA Annual Report – October 2022
Our operational role in the payments system is effected through the Banks ownership and management of RITS (including the Fast Settlement Service (FSS)), which is used by banks and other approved
https://www.rba.gov.au/publications/annual-reports/rba/2022/our-role.html