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RBA Glossary definition for APC

APC – Australian Payments Council

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Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions

8 May 2024 Submissions
The Bank has supported work by the payments industry, led by the Australian Payments Council (APC), to facilitate the development of digital identity services in Australia. ... The APC completed the first version of a ‘TrustID’ digital identity
https://www.rba.gov.au/publications/submissions/payments-system/future-directions-for-the-consumer-data-right/index.html

The Ongoing Decline of the Cheque System

15 Jun 2017 Bulletin – June 2017
Ed Tellez
Cheque use in Australia has declined significantly over the past few decades and currently represents only a small share of non-cash payments. This decline reflects changes in the payments market as a result of technological change and customer
https://www.rba.gov.au/publications/bulletin/2017/jun/7.html

Submission to Payments System Review – January 2021 | Responses and Options Paper

8 May 2024 Submissions
Industry collaboration is also facilitated by the Australian Payments Council (APC), which is the main strategic coordinating body for the payments industry. ... The APC's work is guided by a strategic agenda that is periodically updated in consultation
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions

28 Dec 2019 Submissions
The Bank has strongly supported work by the payments industry, led by the APC, to facilitate the development of digital identity services in Australia. ... The APC completed the first version of a ‘TrustID’ digital identity framework in June.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html

Modernising Payments Messaging: The ISO 20022 Standard

17 Sep 2020 Bulletin – September 2020
Tarnia Major and Joseph Mangano
Electronic payments rely on the exchange of messages to instruct the flow of funds between financial institutions.
https://www.rba.gov.au/publications/bulletin/2020/sep/modernising-payments-messaging-the-iso-20022-standard.html

Can Structural Change Account for the Low Level of Non-mining Investment?

20 Jun 2019 Bulletin – June 2019
Jonathan Hambur and Keaton Jenner
No, it cannot. Non-mining firms have invested less over the past decade, relative to their output, than they did over the previous two decades, and this decline in investment intensity has been broad based across firms.
https://www.rba.gov.au/publications/bulletin/2019/jun/can-structural-change-account-for-the-low-level-of-non-mining-investment.html