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RBA Glossary definition for FAST

FAST – Fast and Secure Transfers

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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

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

Payments System Board Annual Report 2020 - Governance

14 Oct 2020 PSB Annual Report 2020 PDF 606KB
https://www.rba.gov.au/publications/annual-reports/psb/2020/pdf/governance.pdf

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

The Evolving Retail Payments Landscape

28 Sep 2022 PSB Annual Report – September 2022
Graph 2.7. More account-to-account transfers are happening in real time. Use of Australias fast account-to-account payments system, the NPP, has continued to grow since its launch ... PayTo provides direct debit-like functionality, allowing consumers to
https://www.rba.gov.au/publications/annual-reports/psb/2022/the-evolving-retail-payments-landscape.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

Operational Structure

27 Oct 2022 RBA Annual Report – October 2022
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/2022/operational-structure.html

Economic Activity

26 Jun 2023 RBA Annual Report – 1977
In the Commonwealth's Budget for 1976/77 total outlays, in nominal terms, increased by 10 per cent, less than half as fast as in 1975/76 and a quarter as ... fast as in 1974/75.
https://www.rba.gov.au/publications/annual-reports/rba/1977/eco-activity.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

Reserve Bank of Australia Annual Report 2019 - Our Role

10 Feb 2020 RBA Annual Report 2019 PDF 796KB
https://www.rba.gov.au/publications/annual-reports/rba/2019/pdf/our-role.pdf