Reserve Bank of Australia

62 results about this entity

Period: 10 Sep 2004 - 09 Dec 2024

RBA launches probe into Oz banking outages

Australia's central bank is preparing a crackdown on operational disruptions at the country's leading banks following a series of major outages in retail payment systems and Internet banking sites. The RBA's intervention comes as Westpac warned customers that it was experiencing intermittent problems with its Web site.

Microsoft presses RBA on virtual currencies

Microsoft is pressing the Reserve Bank of Australia to consider adjustments to the domestic payments markets to help consumers conduct transactions in virtual currencies, such as Facebook Credits and Microsoft Points.

Charges laid over Aussie banknote printing bribery

Aussie police have charged Securency International, Note Printing Australia (NPA) and six individuals with bribing public officials in foreign countries to help win contracts.

RBA calls for Australian payments innovation

The Reserve Bank of Australia (RBA) is calling for the country's payments industry players to coordinate on system-wide innovation.

RBA to bail out of tainted banknote company Securency; De La Rue shares rocked by production scandal

The Reserve Bank of Australia is to offload its 50% stake in Securency, the banknote production company mired in allegations of corruption and bribery.

Aussie banknote maker hit by police raids over bribery claims

Securency, a banknote maker half owned by the Reserve Bank of Australia, has been hit by raids in Melbourne, the UK and Spain by police looking for evidence of corruption and bribery, according to The Age newspaper.

RBA maintains squeeze on interchange as banks fail in payments reform

The Reserve Bank of Australia has decided to continue regulating interchange fees on card transactions after concluding that insufficient progress had been made in opening up the domestic payments system to new competition.

ICE adds RBS and readies for Europe launch: RBA calls for expansion of CDS clearing to Australia

IntercontinentalExchange has added Royal Bank of Scotland to its roster of clearing members and confirmed that it will be ready to launch its credit default swaps clearing counterparty in Europe by July.

Reserve Bank of Australia looks to halt PayPal rule

The Reserve Bank of Australia (RBA) is looking to halt attempts by online auction house eBay to force sellers in the country to offer PayPal as a payments option on sales listings.

Australian banks to challenge eBay on PayPal plan

Australian banks are looking to the country's competition watch dog to derail plans by eBay to force customers to use its PayPal service to make payments on the online auction site.

Australian police warn of Reserve Bank phishing scam

Australian police are warning the public not to respond to a new phishing e-mail that claims to be sent by Detective Superintendent Col Dyson, commander of the New South Wales Fraud Squad, on behalf of the Reserve Bank of Australia (RBA).

Australian central bank to cap Eftpos entry costs

The Reserve bank of Australia is looking to cap the costs of POS terminal provision on the high street as part of an ongoing series of reforms aimed at stimulating competition in the domestic payments market.