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RBA Glossary definition for FAST

FAST – Fast and Secure Transfers

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Governor's Foreword

8 Oct 2023 PSB Annual Report - 2023 PDF 89KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/governors-foreword.pdf

Overview

10 Sep 2010 FSR – September 2010
In contrast to the North Atlantic region, financial conditions in the fast-growing Asian and Latin American economies have generally been quite buoyant over the recent period. ... In the fast-growing economies of Asia and elsewhere, economic recoveries
https://www.rba.gov.au/publications/fsr/2010/sep/overview.html

Abbreviations

27 Oct 2022 RBA Annual Report – 2022
FSS. Fast Settlement Service (of RITS). FTE. full-time equivalent. FX. foreign exchange.
https://www.rba.gov.au/publications/annual-reports/rba/2022/abbreviations.html

Reserve Bank of Australia Annual Report 2023

1 May 2024 RBA Annual Report - 2023 PDF 9575KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/rba-annual-report-2023.pdf

Regulatory Developments

9 Oct 2020 FSR – October 2020
The fast pace of developments since the onset of the pandemic has made it crucial that regulatory agencies communicate effectively on key developments and their own activities.
https://www.rba.gov.au/publications/fsr/2020/oct/regulatory-developments.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

3. Resilience of the Australian Financial System

9 Oct 2023 FSR - October 2023 PDF 607KB
https://www.rba.gov.au/publications/fsr/2023/oct/pdf/03-australian-financial-system.pdf

Overview

23 Mar 2011 FSR – March 2011 PDF 77KB
https://www.rba.gov.au/publications/fsr/2011/mar/pdf/overview.pdf

Our Role

21 Oct 2021 RBA Annual Report – 2021
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/2021/our-role.html

Overview

10 Apr 2018 FSR – April 2018
An important development in recent months was the launching of the New Payments Platform (NPP), which enables very fast payments on a 24/7 basis using a recipient's email address,
https://www.rba.gov.au/publications/fsr/2018/apr/overview.html