Australia, A Microcosm: Revealing The Future Directions Of Payment Systems---SWIFT Leads The Charge
Australia's Real Time 24/7/365 New Payment Platform
From Collins dictionary, "A microcosm is a small society, place, or activity which has all the typical features of a much larger one and so seems like a smaller version of it." Australia could be described as a microcosm of the world, and so is a great test bed for development of a new real time payments system. Add to that the mandatory guidance from Reserve Bank Of Australia [RBA] following the gaps identified