New Developments in Large-value Payment Systems

New Developments in Large-value Payment Systems PDF Author:
Publisher:
ISBN: 9789291976836
Category : Bank liquidity
Languages : en
Pages : 84

Get Book

Book Description

New Developments in Large-value Payment Systems

New Developments in Large-value Payment Systems PDF Author:
Publisher:
ISBN: 9789291976836
Category : Bank liquidity
Languages : en
Pages : 84

Get Book

Book Description


The Future of Payment Systems

The Future of Payment Systems PDF Author: Stephen Millard
Publisher: Routledge
ISBN: 1134071299
Category : Business & Economics
Languages : en
Pages : 347

Get Book

Book Description
Drawing on wide-ranging contributions from prominent international experts and discussing some of the most pressing issues facing policy makers and practitioners in the field of payment systems today, this volume provides cutting-edge perspectives on the current issues surrounding payment systems and their future.It covers a range of continually im

The Payment System

The Payment System PDF Author: Mr.Bruce J. Summers
Publisher: International Monetary Fund
ISBN: 9781557753861
Category : Business & Economics
Languages : en
Pages : 232

Get Book

Book Description
This book makes a practical contribution to increased understanding of payment system design and management and of the relationship between the payment system and monetary policy. The authors of the twelve papers included in the book are central banking experts from around the world who draw on their experiences in providing technical assistance to the central banks of the countries of the former U.S.S.R.

The Payment System

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

Get Book

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).

Payment Systems

Payment Systems PDF Author: David B. Humphrey
Publisher: World Bank Publications
ISBN: 9780821331118
Category : Business & Economics
Languages : en
Pages : 114

Get Book

Book Description
World Bank Technical Paper No. 260. An efficient payment system is a necessary precondition for business development. This study outlines the basic operating principles of a payment system and reviews its benefits, costs, risks, and problems. It examines in detail the systems currently in place in the developed economies of Europe and the United States and draws from the analyses to support recommendations for restructuring those systems in developing countries. The study reviews the various types of payment practices that exist in mature systems including cash, check, GIRO, debit and credit card, direct debit, and large-value wire transfers. A range of short- and long-term improvements in payment systems are recommended for developing countries. There is a special focus on the Russian payment system and the problems it faces in transition from a centrally planned to an market economy.

Payment and Settlement Systems in Selected Countries

Payment and Settlement Systems in Selected Countries PDF Author:
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 540

Get Book

Book Description


Distributed Ledger Technology Experiments in Payments and Settlements

Distributed Ledger Technology Experiments in Payments and Settlements PDF Author: Mr.Ghiath Shabsigh
Publisher: International Monetary Fund
ISBN: 1513536338
Category : Business & Economics
Languages : en
Pages : 22

Get Book

Book Description
Major transformations in payment and settlements have occurred in generations. The first generation was paper-based. Delivery times for payment instruments took several days domestically and weeks internationally. The second generation involved computerization with batch processing. Links between payment systems were made through manual or file-based interfaces. The change-over period between technologies was long and still some paper-based instruments like checks and cash remain in use. The third generation, which has been emerging, involves electronic and mobile payment schemes that enable integrated, immediate, and end-to-end payment and settlement transfers. For example, real-time gross settlement systems have been available in almost all countries. DLT has been viewed as a potential platform for the next generation of payment systems, enhancing the integration and the reconciliation of settlement accounts and their ledgers. So far, experiments with DLT experimentations point to the potential for financial infrastructures to move towards real-time settlement, flatter structures, continuous operations, and global reach. Testing in large-value payments and securities settlement systems have partly demonstrated the technical feasibility of DLT for this new environment. The projects examined analyzed issues associated with operational capacity, resiliency, liquidity savings, settlement finality, and privacy. DLT-based solutions can also facilitate delivery versus payment of securities, payment versus payment of foreign exchange transactions, and efficient cross-border payments.

Payment Systems, Monetary Policy and the Role of the Central Bank

Payment Systems, Monetary Policy and the Role of the Central Bank PDF Author: Mr.Richard K. Abrams
Publisher: International Monetary Fund
ISBN: 9781557756268
Category : Business & Economics
Languages : en
Pages : 276

Get Book

Book Description
A payment system encompasses a set of instruments and means generally acceptable in making payments; the institutional and organizational framework governing such payments, including prudential regulation; and the operating procedures and communications network used to initiate and transmit payment information from payer to payee and to settle payments. This book, by Omotunde E.G. Johnson, with Richard K. Abrams, Jean-Marc Destresse, Tony Lybek, Nicholas Roberts, and Mark Swinburne, identifies main policy and strategic issues in payment system reform, describes the structure of payment systems in selected countries, highlights areas of consensus, and suggests the direction for future policy analysis.

General Principles for International Remittance Services

General Principles for International Remittance Services PDF Author: Group of Ten. Committee on Payment and Settlement Systems
Publisher:
ISBN:
Category : Emigrant remittances
Languages : en
Pages : 68

Get Book

Book Description


Payment Systems in the Republic of Belarus

Payment Systems in the Republic of Belarus PDF Author:
Publisher:
ISBN:
Category : Electronic funds transfers
Languages : en
Pages : 72

Get Book

Book Description