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RBA Glossary definition for financial institution

financial institution – A company whose primary function is to intermediate between lenders and borrowers in the economy.

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The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

27 Nov 2023 RDP 2023-08
Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson
Research Discussion Paper – RDP 2023-08 The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey. Tanya Livermore. , Jack Mulqueeney. , Thuong Nguyen. and Benjamin Watson. November 2023. 1.10. MB. 1.
https://www.rba.gov.au/publications/rdp/2023/2023-08/full.html

Other Payment Methods

27 Nov 2023 RDP 2023-08
Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson
Since its launch in February 2018, the NPP has allowed customers of more than 90 financial institutions to make fast data-rich payments 24 hours a day; over 88 million Australian ... Among institutions that had rolled out PayID, many do not advertise the
https://www.rba.gov.au/publications/rdp/2023/2023-08/other-payment-methods.html