Search: SCCI
RBA Glossary definition for SCCI
SCCI – Specialist Credit Card Institution
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Consultation | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations
6 Dec 2013
Consultations
For instance, some commented that their experience with APRA had been open and fair, but constrained by a ‘strict and prescriptive’ SCCI framework. ... The scheme therefore supported revocation of the Access Regimes but retention of the SCCI class of
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/consultation.html
Reasons for a Review of Regulation | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 |…
6 Dec 2013
Consultations
As noted, only two entities have gained SCCI status in Australia since the current access framework was implemented. ... Some have nonetheless indicated that they would pursue SCCI status in order to gain entry.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/reasons-for-review-regulation.html
Background | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations
6 Dec 2013
Consultations
Since the introduction of these arrangements, two entities have gained SCCI status in Australia.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/background.html
Preliminary Assessment | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations
6 Dec 2013
Consultations
As noted elsewhere in this paper, the Access Regimes are interrelated with Banking Regulation 4 and APRA's SCCI regime. ... A number of submissions supported a lighter-touch SCCI framework operated by APRA or another regulator.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/preliminary-assessment.html
Abbreviations
2 Oct 2013
PSB Annual Report
– 2013
RTGS. Real-time gross settlement. RTPC. Real-Time Payments Committee. SCCI. Specialist Credit Card Institution.
https://www.rba.gov.au/publications/annual-reports/psb/2013/abbreviations.html
Background and Potential Issues | Review of Card System Access Regimes: A Consultation Document May 2013 | Consultations
28 May 2013
Consultations
In 2005, Visa advised the Bank that its international rules may have operated to prevent SCCIs from joining the Visa Debit system and that an SCCI intending to acquire both Visa
https://www.rba.gov.au/publications/consultations/201305-review-card-sys-access-regimes/background-potential-issues.html
Non-Banks in the Payments System: A Central Bank Perspective
4 May 2007
Speech
Remarks by Philip Lowe to the Federal Reserve Bank of Kansas City Conference on ‘Non-Banks in the Payments System: Innovation, Competition and Risk’, Santa Fe
https://www.rba.gov.au/speeches/2007/sp-ag-050507.html
Reform of Card Payment Systems
26 Sep 2006
PSB Annual Report
– 2006
The reforms also improved access by allowing participation by a new class of institution, known as a Specialist Credit Card Institution (SCCI), and promoted greater availability of information regarding interchange fees,
https://www.rba.gov.au/publications/annual-reports/psb/2006/reform-card.html
List of tables
20 Sep 2005
PSB Annual Report
– 2005
First SCCI announced. Market shared published. Case by MasterCard and Visa dismissed.
https://www.rba.gov.au/publications/annual-reports/psb/2005/tables.html
Debit Cards
20 Sep 2005
PSB Annual Report
– 2005
At the time this access regime was being developed, the Bank expected that an SCCI joining the Visa credit card system with the intention of acquiring credit card transactions would also ... If an SCCI is not able to acquire both Visa credit and debit
https://www.rba.gov.au/publications/annual-reports/psb/2005/debit-cards.html