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RBA Glossary definition for PSB

PSB – Payments System Board. Created in 1998, within the Reserve Bank of Australia (RBA). The PSB is responsible for determining the RBA's payments system policy so as to best contribute to: controlling risk in the financial system; promoting the efficiency of the payments system; and promoting competition in the market for payment services, consistent with the overall stability of the financial system. Powers to carry out the PSB's policies are vested in the RBA.

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Box A: Risks in Non-bank Lending in India

10 Feb 2020 FSR April 2019 PDF 644KB
https://www.rba.gov.au/publications/fsr/2019/apr/pdf/box-a.pdf

Regulatory Framework | Credit Cards

9 Mar 2023
In May 2021, the Bank released a Consultation Paper that outlined the Payments System Board's (PSB) preliminary views on the major issues and presented a draft set of standards. ... The PSB's final Conclusions to the Review of Retail Payments Regulation,
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/regulatory-framework.html

Regulatory Framework

9 Mar 2023
In May 2021, the Bank released a Consultation Paper that outlined the Payments System Board's (PSB) preliminary views on the major issues and presented a draft set of standards. ... The PSB's final Conclusions to the Review of Retail Payments Regulation,
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/regulatory-framework.html

Launch of the New Payments Platform

13 Feb 2018 Media Releases
Today, the Reserve Bank of Australia and its Payments System Board (PSB) welcome the public launch of the New Payments Platform (NPP).
https://www.rba.gov.au/media-releases/2018/mr-18-02.html

Abbreviations

27 Sep 2022 PSB Annual Report - 2022 PDF 76KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/abbreviations.pdf

General Background | 2013 Self-assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
annual-reports/psb/2013/ pdf/respons-strat-rev-innovation.pdf>.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2013/background.html

Economic Developments in India

10 Dec 2020 Bulletin – December 2020
Zan Fairweather and Maxwell Sutton
Over recent decades, India's rapid economic growth has led to a substantial increase in its demand for Australian exports.
https://www.rba.gov.au/publications/bulletin/2020/dec/economic-developments-in-india.html

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
https://www.rba.gov.au/publications/bulletin/2014/dec/6.html

Memorandum of Understanding The Australian Competition and Consumer Commission and the Reserve Bank of Australia

9 Mar 2023
Additionally, it manages Australia's gold and foreign exchange reserves. The RBA's Payments System Board (PSB) has a mandate to contribute to promoting the efficiency of the payments system and ... The PSB also has a duty to ensure within the limits of
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/mou/accc-and-the-rba/

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

25 May 2023 Submissions
The PSB also informs the Government of its policies through a number of channels. ... Consistent with its statutory obligations, the PSB consults widely before introducing any formal regulatory requirements.
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html