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RBA Glossary definition for FAST

FAST – Fast and Secure Transfers

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Speech Fast Payments in Australia Michele Bullock Assistant Governor ...

15 Mar 2018 Speech PDF 170KB
Australia is obviously not the first country to build a fast payments system. ... Many fast retail payments services, forexample, settle payments in batches through the day or only during business hours.
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-03-13.pdf

Modernising Australia's Payments System

11 Mar 2024 Speech PDF 486KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-12-12.pdf

Australian Securitisation Markets: Responding to Change

1 Dec 2023 Speech PDF 817KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-11-21.pdf

An Efficient, Competitive and Safe Payments System

14 Dec 2022 Speech PDF 638KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-gov-2022-12-14.pdf

The Shift to Electronic Payments – Some Policy Issues

12 Apr 2023 Speech PDF 615KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-03-28.pdf

03/10/2018 An Update on Australia's New Payments Platform | ...

3 Oct 2018 Speech PDF 213KB
The Fast Settlement Service (FSS) is a separate service of RITS, which is the Reserve Bank's real-time gross settlement (RTGS) system. ... The first overlay service, Osko by BPAY, is a basic fast payment with enhanced data.
https://www.rba.gov.au/speeches/2018/pdf/sp-so-2018-10-03.pdf

Real-time Payments in Australia

5 May 2022 Speech PDF 265KB
The rate of adoption of the NPP also compares favourablywith other jurisdictions that have launched fast payment systems (Graph 1). ... Several countries inSoutheast Asia are going a step further by linking up their fast payment systems to others in
https://www.rba.gov.au/speeches/2022/pdf/sp-so-2022-05-03.pdf

Emerging Threats to Financial Stability – New Challenges for the Next Decade

31 Oct 2023 Speech PDF 1157KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-ag-2023-10-31.pdf

Leaning In: Towards Better Payment and Clearing Systems

17 May 2019 Speech PDF 401KB
In many respects, Australia's fast payments system is at the cutting edge ofsuch systems. ... Some of them have been much slower to provide their customers with fast paymentservices.
https://www.rba.gov.au/speeches/2019/pdf/sp-ag-2019-05-16.pdf

Opening Statement to the House ofRepresentatives Standing Committee on Economics

6 Aug 2021 Speech PDF 156KB
On a recent Sunday,Services Australia, with the assistance of the RBA, processed over 300,000 individual paymentsthrough Australia's fast payment system, with the money available to people immediately on ... theweekend. These fast payments are possible
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-08-06.pdf