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RBA Glossary definition for FAST

FAST – Fast and Secure Transfers

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Abbreviations

21 Oct 2021 RBA Annual Report – 2021
FSS. Fast Settlement Service (of RITS). FTE. full-time equivalent. FX. foreign exchange.
https://www.rba.gov.au/publications/annual-reports/rba/2021/abbreviations.html

Abbreviations

17 Oct 2019 PSB Annual Report – 2019
Fast Settlement Service. GST. Goods and Services Tax. ICO. Initial coin offering.
https://www.rba.gov.au/publications/annual-reports/psb/2019/abbreviations.html

Our Role

17 Oct 2019 RBA Annual Report – 2019
The Fast Settlement Service of RITS settles obligations arising from individual payments exchanged on the New Payments Platform in real time on a 24/7 basis.
https://www.rba.gov.au/publications/annual-reports/rba/2019/our-role.html

Abbreviations

28 Sep 2022 PSB Annual Report – 2022
FSB. Financial Stability Board. FSS. Fast Settlement Service. HVCS. High Value Clearing System.
https://www.rba.gov.au/publications/annual-reports/psb/2022/abbreviations.html

References

23 Nov 2016 RDP 2016-08
Rachael McCririck and Daniel Rees
Cogley T (2005), ‘How Fast Can the New Economy Grow? A Bayesian Analysis of the Evolution of Trend Growth’, Journal of Macroeconomics, 27(2), pp 179–207.
https://www.rba.gov.au/publications/rdp/2016/2016-08/references.html
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Abbreviations

12 Apr 2020 RBA Annual Report – 2020
FSS. Fast Settlement Service (of RITS). FTE. full-time equivalent. FX. foreign exchange.
https://www.rba.gov.au/publications/annual-reports/rba/2020/abbreviations.html

Retail Payments Regulation and Policy Issues

14 Sep 2017 PSB Annual Report – 2017
PayNow FAST transfers using the new central addressing scheme were launched in July by seven Singaporean banks. ... The taskforce envisages that fast payment solutions utilising the new settlement capability will be developed by 2020.
https://www.rba.gov.au/publications/annual-reports/psb/2017/retail-payments-regulation-and-policy-issues.html

Abbreviations

17 Oct 2019 RBA Annual Report – 2019
FSS. Fast Settlement Service (of RITS). FTE. full-time equivalent. FX. foreign exchange.
https://www.rba.gov.au/publications/annual-reports/rba/2019/abbreviations.html

Abbreviations

20 Sep 2018 RBA Annual Report – 2018
FSS. Fast Settlement Service (of RITS). FTE. full-time equivalent. FX. foreign exchange.
https://www.rba.gov.au/publications/annual-reports/rba/2018/abbreviations.html

Governance

15 Oct 2020 PSB Annual Report – 2020
as provider of the Fast Settlement Service (FSS)) appoints one of its directors.
https://www.rba.gov.au/publications/annual-reports/psb/2020/governance.html