RBA payments systems suffer outage

Reserve Bank of Australia
The Reserve Bank of Australia
Photo: Alex Towle

The Reserve Bank of Australia’s payments systems suffered an outage for several hours on October 13, it said in a statement issued on the same day.

The RBA said an internal error in its IT systems had affected its fast settlement service, low-value clearing service and low-value settlement service. The error affected several RBA-run payments services, including its New Payments Platform, or NPP, which it introduced in 2018.

“An error occurred during a planned change to the software that

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