Search: SCCI
RBA Glossary definition for SCCI
SCCI – Specialist Credit Card Institution
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Introduction
20 Sep 2005
PSB Annual Report
– 2005
The first step in this process was the creation by APRA of a new class of Authorised Deposit-taking Institution (ADI) known as a Specialist Credit Card Institution (SCCI). ... The fourth SCCI is currently seeking membership of the credit card schemes in
https://www.rba.gov.au/publications/annual-reports/psb/2005/introduction.html
Credit and Charge Cards
20 Sep 2005
PSB Annual Report
– 2005
In addition, MoneySwitch, the first organisation seeking to specialise in the provision of acquiring services (including both credit and debit card acquiring) to merchants was authorised by APRA as an SCCI ... Of the new non-bank entrants, only GE Money
https://www.rba.gov.au/publications/annual-reports/psb/2005/credit.html
Payment System Reform
20 Jul 2005
Media Releases
The Reserve Bank has released for public comment a draft revised standard for the setting of credit card interchange fees, which would mean the establishment of a common benchmark rather than scheme-specific benchmarks for the Bankcard, MasterCard
https://www.rba.gov.au/media-releases/2005/mr-05-08.html
Glossary
11 Nov 2004
PSB Annual Report
– 2004
SCCI. Specialised Credit Card Institution. Settlement. the discharge of obligations arising from fund transfers between two or more parties.
https://www.rba.gov.au/publications/annual-reports/psb/2004/glossary.html
Competition and Efficiency
11 Nov 2004
PSB Annual Report
– 2004
APRA has been working with a number of organisations interested in pursuing SCCI applications. ... Approval as an SCCI will allow these organisations to apply for participation in the credit card schemes under the provisions of the access regime.
https://www.rba.gov.au/publications/annual-reports/psb/2004/competition.html