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RBA Glossary definition for FAST

FAST – Fast and Secure Transfers

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Fast Payments in Australia

13 Mar 2018 Speech
Michele Bullock
Speech delivered by Michele Bullock, Assistant Governor (Financial System), to Seamless Payments 2018, Sydney

All Speeches

9 Mar 2023
Speeches by senior staff of the Reserve Bank

Industry Proposal for a Fast Payments Solution

20 Feb 2013 Media Releases
The Board has welcomed the Real Time Payments Committee's proposal to establish an industry based project to deliver a ‘fast payments’ solution for Australia as making substantial initial progress towards meeting the strategic objectives

Box D: The New Payments Platform and Fast Settlement Service

10 Apr 2018 FSR – April 2018
Financial Stability Review – April 2018 Box D: The New Payments Platform and Fast Settlement Service. ... The New Payments Platform (NPP) is a fast payment system, enabling virtually instantaneous payments on a 24/7 basis.

Fast Retail Payment Systems

18 Dec 2014 Bulletin – December 2014
Stephanie Bolt, David Emery and Paul Harrigan
In December 2014, a group of Australian financial institutions announced that funding had been secured for the next phase of the New Payments Platform (NPP), which will provide the capability for Australian consumers and businesses to make and


2 May 2023
A glossary of terms used on the RBA website

The Shift to Electronic Payments – Some Policy Issues

28 Mar 2023 Speech
Ellis Connolly
Speech delivered by Ellis Connolly, Head of Payments Policy, AFR Banking Summit, Sydney

An Efficient, Competitive and Safe Payments System

14 Dec 2022 Speech
Philip Lowe
Speech delivered by Philip Lowe, Governor, at Australian Payments Network Summit 2022, Sydney

RBA Core Criteria for a ‘Fast Payments’ Solution - November 2012

9 Mar 2023
The Core Criteria have been developed to assist the assessment of proposals for a Fast Payments Solution. It is anticipated that these Criteria will be supplemented by a set of selection criteria, including business and technical requirements. The

Two Years of Fast Payments in Australia

19 Mar 2020 Bulletin – March 2020
Emilie Fitzgerald and Alexandra Rush
It has been two years since the public launch of the New Payments Platform (NPP) and the Fast Settlement Service (FSS).