RBA’s Stevens lauds ‘substantial’ progress towards real-time payments
Australia targeting 'close to immediate' payments
Australia has made considerable progress towards the creation of a real-time payments system, with a number of important milestones reached in the past year, according to Glenn Stevens, the governor of the Reserve Bank of Australia (RBA).
Writing in the introduction to the RBA's Payment System Board Annual Report 2014, Stevens, who chairs the board, said he welcomed the "substantial progress" that had been made in the past year towards the introduction of the New Payments Platform, which will
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