Transforming Payment Systems in Europe

Transforming Payment Systems in Europe PDF Author: Jakub Górka
Publisher: Springer
ISBN: 1137541210
Category : Business & Economics
Languages : en
Pages : 290

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Book Description
The European payment market has undergone rapid transformation in recent years due to changes in payment habits, new business rules and new legal frameworks and regulation. There has also been an advent of new technologies and payment solutions which has altered the European payments landscape drastically. This book provides an overview of the fundamental issues involved in this new payments landscape. The authors discuss fundamental problems such as substitution between cash and non-cash payment instruments, payment costs, the economics of fees, and the demand for cash and deposit money. They also analyse issues such as two-sided markets, business platforms and the problem of critical mass. Other chapters focus on new phenomena in payments such as mobile payments, multi-sided platforms, electronic wallets, virtual currencies, decentralised ledgers, private digital currencies, blockchain and instant payments. The authors also review existing regulation for the topic including the revised Payment Services Directive (PSD2), Interchange Fee Regulation (IF/MIF Reg), and the Single Euro Payments Area (SEPA) project. Transforming Payment Systems in Europe offers insight into changing payment culture and the ways in which new payment systems can create a single digital market to foster further integration in Europe.

Transforming Payment Systems in Europe

Transforming Payment Systems in Europe PDF Author: Jakub Górka
Publisher: Springer
ISBN: 1137541210
Category : Business & Economics
Languages : en
Pages : 290

Get Book Here

Book Description
The European payment market has undergone rapid transformation in recent years due to changes in payment habits, new business rules and new legal frameworks and regulation. There has also been an advent of new technologies and payment solutions which has altered the European payments landscape drastically. This book provides an overview of the fundamental issues involved in this new payments landscape. The authors discuss fundamental problems such as substitution between cash and non-cash payment instruments, payment costs, the economics of fees, and the demand for cash and deposit money. They also analyse issues such as two-sided markets, business platforms and the problem of critical mass. Other chapters focus on new phenomena in payments such as mobile payments, multi-sided platforms, electronic wallets, virtual currencies, decentralised ledgers, private digital currencies, blockchain and instant payments. The authors also review existing regulation for the topic including the revised Payment Services Directive (PSD2), Interchange Fee Regulation (IF/MIF Reg), and the Single Euro Payments Area (SEPA) project. Transforming Payment Systems in Europe offers insight into changing payment culture and the ways in which new payment systems can create a single digital market to foster further integration in Europe.

Understanding the Federal Reserve's Proposed Rule on Interchange Fees

Understanding the Federal Reserve's Proposed Rule on Interchange Fees PDF Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Financial Institutions and Consumer Credit
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 380

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Book Description


Monetary Policy Report

Monetary Policy Report PDF Author: Norges bank
Publisher:
ISBN:
Category : Economic indicators
Languages : en
Pages : 160

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Book Description


The Palgrave Handbook of European Banking

The Palgrave Handbook of European Banking PDF Author: Thorsten Beck
Publisher: Springer
ISBN: 1137521449
Category : Business & Economics
Languages : en
Pages : 691

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Book Description
This handbook presents a timely collection of original studies on relevant themes, policies and developments in European banking. The contributors analyse how the crisis years have had a long lasting impact on the structure of European banking and explore the regulatory architecture that has started to take form in their wake. Academic experts and senior policy makers have contributed to this volume, which is organized in five main parts. The first part presents an overview of European banking through the crisis and beyond. The second part analyses performance and innovation in EU banking markets. The third part discusses the key regulatory changes aimed at fostering financial stability. Part four looks at the relevance of cross-border banking and part five presents a detailed analysis of the main EU banking markets. This is a highly informative and carefully presented handbook, which provides thought-provoking insights into the past, present and future landscapes of European banking. It will appeal to a wide readership, from scholars and students, through to researchers, practitioners and policy-makers.

The Payment System

The Payment System PDF Author: Tom Kokkola
Publisher:
ISBN: 9789289906333
Category : Banks and banking, Central
Languages : en
Pages : 369

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Book Description
"This book is designed to provide the reader with an insight into the main concepts involved in the handling of payments, securities and derivatives and the organisation and functioning of the market infrastructure concerned. Emphasis is placed on the general principles governing the functioning of the relevant systems and processes and the presentation of the underlying economic, business, legal, institutional, organisational and policy issues. The book is aimed at decision-makers, practitioners, lawyers and academics wishing to acquire a deeper understanding of market infrastructure issues. It should also prove useful for students with an interest in monetary and financial issues."--Introduction (Pg. 20, para 8).

Agricultural Policies in OECD Countries 2007 Monitoring and Evaluation

Agricultural Policies in OECD Countries 2007 Monitoring and Evaluation PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264027475
Category :
Languages : en
Pages : 288

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Book Description
A unique source of up-to-date estimates of support to agriculture, with separate chapters which describe and evaluate agricultural policies in each OECD country, and a statistical section presenting support estimates.

Financial Stability

Financial Stability PDF Author:
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 274

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Book Description


Annual Report

Annual Report PDF Author: Norges bank
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 136

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Book Description


Banking on Innovation

Banking on Innovation PDF Author: Tanai Khiaonarong
Publisher: Springer Science & Business Media
ISBN: 3790823333
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
Innovation in banking should be directed at improving the infrastructure that fosters efficient financial services and international trade. In this work, innovation theory is used to show how modern payment systems have transformed the technology of banking and facilitated changes in the strategy and structure of financial services organisations. Design, implementation and dissemination of payment systems are described and the analysis of their costs and benefits is combined with case studies of banks undergoing change. By studying firm capabilities, competencies, and resources, the approach is extended to services in general and linked to the ability of firms to compete and promote national economies. Payment systems vary and advanced and developing economies face obstacles in their legal and technical infrastructure, and maturity of banks. By adopting an international perspective, the book offers a unique comparative analysis that shows what kind of investments are likely to be effective.

Costs of Alternative Revenue-generation Systems

Costs of Alternative Revenue-generation Systems PDF Author: Patrick Balducci
Publisher: Transportation Research Board
ISBN: 0309213169
Category : Business & Economics
Languages : en
Pages : 139

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Book Description
"TRB's National Cooperative Highway Research Program (NCHRP) Report 689: Costs of Alternative Revenue-Generation Systems presents a framework for analysis of the direct costs incurred in generating the revenues that support federal-aid and state highway construction, operations, and maintenance and uses that framework to estimate unit costs for fuel taxes, tolling, vehicle-miles of travel fees, and cordon pricing schemes."--pub. desc.