Search: FAST
RBA Glossary definition for FAST
FAST – Fast and Secure Transfers
Search Results
Governor's Foreword
14 Sep 2017
PSB Annual Report
– 2017
The Reserve Bank is an NPP participant and has built the underlying settlements architecture, the Fast Settlement Service, which was completed on schedule and within budget.
https://www.rba.gov.au/publications/annual-reports/psb/2017/governors-foreword.html
Operational Structure
20 Sep 2018
RBA Annual Report
– 2018
RITS also includes the Fast Settlements Service, which Payments Settlements Department operates on an RTGS basis 24 hours a day, seven days a week for settlement of New Payments Platform transactions.
https://www.rba.gov.au/publications/annual-reports/rba/2018/operational-structure.html
The Evolving Payments Landscape
21 Oct 2021
PSB Annual Report
– 2021
In some cases, new infrastructure has been developed – most notably, Australia's fast-payments system, the New Payments Platform (NPP), which was launched in 2018.
https://www.rba.gov.au/publications/annual-reports/psb/2021/the-evolving-payments-landscape.html
Operational Structure
12 Apr 2020
RBA Annual Report
– 2020
RITS includes the Fast Settlements Service, which Payments Settlements Department operates on an RTGS basis 24 hours a day, seven days a week for settlement of New Payments Platform transactions.
https://www.rba.gov.au/publications/annual-reports/rba/2020/operational-structure.html
Annual Performance Statement for 2021/22
27 Oct 2022
RBA Annual Report
– October 2022
The Banks operational role in the payments system is effected through its 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/annual-performance-statement.html
Problems of Economic Management
24 Jul 2023
RBA Annual Report
– 1975
resources; very fast growth in the money supply; and a build-up of excess demand, wage demands, and inflation. ... good deal sharper than the increase in selling prices; in other words, there was a fast rise in real wages.
https://www.rba.gov.au/publications/annual-reports/rba/1975/problems-of-economic-management.html
Management of the Reserve Bank
16 Oct 2013
RBA Annual Report
– 2013
fast payments for transactions of low value.
https://www.rba.gov.au/publications/annual-reports/rba/2013/mgmt-rba.html
Payments System Regulation and Policy Issues
28 Sep 2022
PSB Annual Report
– September 2022
The Bank also plans to explore with industry the feasibility of various initiatives in the roadmap that could increase the NPPs interoperability with fast payment systems in other countries. ... The new data show that online banking and NPP fast payment
https://www.rba.gov.au/publications/annual-reports/psb/2022/payments-system-regulation-and-policy-issues.html
Banking and Payment Services
25 Sep 2017
RBA Annual Report
– 2017
The Reserve Bank has developed the RITS Fast Settlement Service (FSS) to settle NPP payments individually in real time across ESAs.
https://www.rba.gov.au/publications/annual-reports/rba/2017/banking-and-payment-services.html
Management of the Reserve Bank
21 Oct 2021
RBA Annual Report
– 2021
This includes from the use of payment systems run by the Bank (such as the Reserve Bank Information and Transfer System and the Fast Settlement Service), and from transactional banking services ... supporting the Fast Settlement Service.
https://www.rba.gov.au/publications/annual-reports/rba/2021/management-of-the-reserve-bank.html