Central Banking

RBA's Lowe on payment systems

In the speech 'Innovation and governance of payment systems' given on 16 September Philip Lowe of the Reserve Bank of Australia said technological innovation and greater industry co-ordination in Australia's payments systems are required if it is to improve efficiency.

Lowe told the Banktech 05 Conference the payments industry needs to think more carefully about the current system of collective decision making and its impact of consumers.

"In most industries, firms make investment decisions

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.