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RBA Glossary definition for NPP

NPP – New Payments Platform

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Project Scope | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019

31 Dec 2002 Consultations
office system upgrade processes, and reusing the existing NPP ISO 20022 message suite. ... The NPP operates on a dedicated domestic network, and HVCS operates on the global SWIFT network.
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/project-scope.html

Strategic Issues – Payment System Design | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019

31 Dec 2002 Consultations
The settlement system used for NPP payments is the FSS. The FSS caters for fast, immediate settlement processing. ... The NPP utilises ISO 20022 messaging for the clearing and settlement of payments.
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/strategic-issues-payment-system-design.html

ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019 | Consultations

8 Apr 2019 Consultations
ISO 20022 Migration for the Australian Payments System – Issues Paper. Consultation Paper. April 2019. Download the complete Consultation Paper 1.60. MB. Download the Response Template 97. KB. Reserve Bank of Australia 2019. All rights reserved.
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/

ISO 20022 Migration for the Australian Payments System – September 2019 | Responses and Options Paper

28 Sep 2019 Consultations
ISO 20022 Migration for the Australian Payments System. Responses and Options Paper. September 2019. Download the complete Document 1,176. KB. Reserve Bank of Australia 2019. All rights reserved. The contents of this publication shall not be
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/

Glossary | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019

31 Dec 2002 Consultations
NPPA. NPP Australia Limited. The company responsible for the operation and management of the NPP. ... NPP Full Participant. NPP Full Participants are organisations that directly clear and settle NPP Payments.
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/glossary.html

Strategic Issues – Scope of Migration | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019

31 Dec 2002 Consultations
NPP – used for instant funds transfers 24 hours a day, seven days per week (‘24/7’). ... This could help facilitate the automation of various investigation processes, which has proved beneficial for the NPP.
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/strategic-issues-scope-of-migration.html

ISO 20022 Migration | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019

31 Dec 2002 Consultations
Domestically, ISO 20022 has been adopted in the New Payments Platform (NPP) and Fast Settlement Service (FSS) and is also the message format being adopted by the ASX as part of ... the ongoing work by NPP participants to rollout NPP services to their
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/iso-20022-migration.html

Strategic Issues – Project Governance | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019

31 Dec 2002 Consultations
The following governance principles, developed for the NPP project and formalised in the core criteria, may be an appropriate starting point for determining the governance framework of an ISO 20022 migration ... This approach was effective in the NPP
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/strategic-issues-project-governance.html

Governance | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019

31 Dec 2002 Consultations
Many respondents feel that a governance approach similar to the one adopted for the NPP would be appropriate. ... As with the NPP project, the steering committee would need to consist of senior payments industry executives typically at Executive General
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/governance.html

Introduction | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019

31 Dec 2002 Consultations
The general industry view is that cheques will soon be retired and NPP will most likely replace DE in the longer term. ... Most respondents support maintaining a dedicated high value payments system, although some suggested that NPP infrastructure could
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/introduction.html