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RBA Glossary definition for fintech

fintech – financial technology

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3. Functionality and Overlay Services | NPP Functionality and Access Consultation: Conclusions Paper

9 Mar 2023
Other stakeholders (mainly corporates, payment service providers and fintechs) were critical of the current functionality and the services offered by NPP participants to their customers. ... A number of stakeholders, particularly fintechs, highlighted
https://www.rba.gov.au/payments-and-infrastructure/new-payments-platform/functionality-and-access-report/functionality-and-overlay-services.html

4. Access to the NPP | NPP Functionality and Access Consultation: Conclusions Paper

9 Mar 2023
A number of stakeholders, particularly some fintechs, viewed the ADI requirement as an excessive and unnecessary barrier to entry that undermines competition. ... There is a perception among fintechs that the Board is dominated by directors that
https://www.rba.gov.au/payments-and-infrastructure/new-payments-platform/functionality-and-access-report/access-to-the-npp.html

Research Project Exploring Use Cases for CBDC

2 Mar 2023 Media Releases
The Digital Finance Cooperative Research Centre and the Reserve Bank are announcing the use case proposals, along with their providers, which have been invited to participate in the live pilot, which will take place over the coming months.
https://www.rba.gov.au/media-releases/2023/mr-23-06.html

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
https://www.rba.gov.au/speeches/2022/sp-gov-2022-12-14.html

The Economics of a Central Bank Digital Currency in Australia

8 Dec 2022 Speech
Brad Jones
Speech delivered by Brad Jones, Assistant Governor (Financial System), 17th Central Bank Conference on the Microstructure of Financial Markets, Sydney
https://www.rba.gov.au/speeches/2022/sp-ag-2022-12-08.html

Governor's Calendar of Meetings and Events

1 Nov 2022
Payments System Board Meeting. Payments System Board Roundtable Discussion with Fintech Firms in Payments Industry.
https://www.rba.gov.au/about-rba/governors-meetings-events/

Banking and Payment Services

27 Oct 2022 RBA Annual Report – October 2022
For example, financial technology (fintech) firms are a growing source of transactions in FSS, and now process around 2 per cent of transaction volume, up from 0.01 per cent in
https://www.rba.gov.au/publications/annual-reports/rba/2022/banking-and-payment-services.html

Payments System Board

27 Oct 2022 RBA Annual Report – October 2022
In 2016, Dr Farrell was appointed to the Australian Governments FinTech Advisory Group at its formation and in 2018 was appointed to be co-Chair. ... Present term ends 14 December 2026. Deborah Ralston has more than 25 years of board-level experience
https://www.rba.gov.au/publications/annual-reports/rba/2022/payments-system-board.html

International Financial Cooperation

27 Oct 2022 RBA Annual Report – October 2022
The. Financial Innovation Network. , which monitors and assesses the financial stability implications of financial innovation, including financial technology (FinTech).
https://www.rba.gov.au/publications/annual-reports/rba/2022/international-financial-cooperation.html

Policymaking at the Reserve Bank

18 Oct 2022 Speech
Michele Bullock
Speech delivered by Michele Bullock, Deputy Governor, AFIA Annual Conference, Sydney
https://www.rba.gov.au/speeches/2022/sp-dg-2022-10-18.html