On 27 August 2026 the Reserve Bank of Australia’s Payments System Board met and reported developments across four areas: it endorsed the annual assessment of ASX’s clearing and settlement facilities against the Financial Stability Standards, discussed progress on the account-to-account (A2A) payments roadmap, endorsed the proposed approach to consulting on the future role of the…
Final settlement of many Australian dollar interbank obligations occurs across Exchange Settlement Accounts at the Reserve Bank, accessed through RITS. When RITS-related services are disrupted, some file-based payments and property settlements can miss normal processing windows. On 27 January 2026 that is roughly what happened, and the Reserve Bank’s 2026 RITS assessment, released on 19…
An Australian acquirer that keeps surcharging logic running past 30 September 2026 will be applying fees the rules no longer permit. A designated card network or large acquirer that misses the new publication dates will be out of step with the RBA Standards registered on the Federal Register of Legislation. The June 2026 RBA Payments…