Author: Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Payment Systems : Strategic Choices for the Future
Author: Payment Systems
Author: Mitsuo Yamaguchi (gospodarski raziskovalec.)Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 231
Book Description
The Future of Payment Systems
Author: Stephen MillardPublisher: Routledge
ISBN: 1134071299
Category : Business & Economics
Languages : en
Pages : 347
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
Central Bank Payment and Settlement Services with Respect to Cross-border and Multi-currency Transactions
Author: Bank for International SettlementsPublisher:
ISBN:
Category : Banks and banking, Central
Languages : en
Pages : 62
Book Description
Large Value Payment Systems
Author: Timo Pekka IivarinenPublisher:
ISBN:
Category :
Languages : en
Pages : 62
Book Description
The present European large-value payment systems are on the verge of notable changes.Since they comprise the backbone or basic infrastructure of the whole economy, it is important that the changes are monitored and carried out in a very prudent manner. This paper attempts to analyse this change and provide an understanding of where we stand today and outline some possible prospects.The large-value payment systems are described and analysed in general terms.For the sake of comparison some important large-value payment systems outside of Europe are also examined. It seems that there will be significant changes in the payment systems industry in the near future.Options for many areas are still open but some trends are visible.These trends are: economic integration, increasing pressure from the EU and the regulators to form a single domestic market across the whole EU area, rapidly changing regulatory environment, rapid development of IT, outsourcing of the payment system value chain, increasing emphasis on customer point of view and efficiency. Furthermore, the border line between large- and small value payments could become blurred, TARGET2 brings considerable changes to the present situation, the scope of CLS should be extended, SWIFT system will become industry standard both in cross-border and domestic payments.These developments in the EU might mean, from the Finnish point of view, that the development in several places could go backwards. Key words: payment systems, trends, RTGS systems, large-value payments.
Google Wallet - A Glimpse into the future of mobile payments
Author: Rohan HandaPublisher: GRIN Verlag
ISBN: 3656083290
Category : Business & Economics
Languages : en
Pages : 26
Book Description
Project Report from the year 2011 in the subject Business economics - Information Management, University of Southern California, language: English, abstract: Over the past few thousand years of evolution, the way we pay has changed shapes and materials. It has gone from gold to coins, paper money to plastic cards and now with Google’s venture into the mobile payment industry, we are at the threshold of the next big shift. Google Wallet is a mobile payment Android app that transforms a phone into a wallet. This app utilizes the Near Field Communication (NFC) technology that allows its users to pay for purchased items and redeem offers. At this initial stage of business, there are many features and factors that Google needs to change in order to bring about the mass adoption of this service. As the Business Technology Analysts at Google, we - Kritika Maheshwari, Malvika Saraf and Rohan Handa aim at addressing the hurdles for this technology and the methods to bring it to fruition. In the process we evaluate Google’s profit motivation and the bigger strategy behind this service. First, we explain the business approach which describes the importance of the adopted business model. We use Porter’s Five Force analysis to determine the competitive intensity in the market followed by SWOT analysis to give recommendations that will help in the mass adoption. Finally, we focus our paper on formulating a strategy canvas in order to study the existing payment methods in comparison to our service. The paper concludes with recommendations to Google for promoting wide customer acceptance.
Payment Systems, Monetary Policy and the Role of the Central Bank
Author: Omotunde E. G. JohnsonPublisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 276
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.
Managing the New Bank Technology
Author: Marilyn R. SeymannPublisher: Routledge
ISBN: 1134266650
Category : Business & Economics
Languages : en
Pages : 295
Book Description
Managing the New Bank Technology is a practical action-oriented guide for bank CEOs, executives, business students, and boards. The book is aimed at educating those involved in banking on the key technological issues facing the industry. "Quick reference" guides opening each chapter are a special feature of the book, blueprints that offer bottom line summary suggestions for bank officers and executives. Topics include: Banking as Retailing; The Internet and Financial Services; Strategies for Future Payment Systems; Risk Management Technology; Protecting Technology Investments in an Age of Rapid Change; Negotiating Outsourcing Contracts; Developing an Information System Plan; Organizational Strategies to Manage Technology; Battling Fraud and Security Issues; and Selling Your Bank's Technology Vision.
Building the Payment System of the Future
Author: Michael S. BarrPublisher:
ISBN:
Category :
Languages : en
Pages : 30
Book Description
This brief is part of the Central Bank of the Future Project (“CBOTF” or the “Project”), which is designed to identify ways that central banks can improve access to financial products and services for underserved communities. The Project engages with central bankers, regulators, futurists, financial institutions, FinTechs, consumer and community organizations, and other stakeholders to develop technologies, processes, and tools that enhance inclusion. The Project also works to find ways that businesses and nonprofits can support official sector efforts. One output is a series of working papers and policy briefs focused on specific topics.This working paper, our third, explores how central banks can design more inclusive payment systems. Payment systems are critical infrastructure that generate positive network externalities. The more people who use them, the better off everyone using them is. They allow households, businesses, governments, and nonprofits to clear and settle transactions. Consumers use payment systems when they swipe their credit or debit cards; homeowners use them when they write checks; and businesses use them when they wire money.
The Future of Payment Systems
Author: Stephen MillardPublisher: Routledge
ISBN: 1134071302
Category : Business & Economics
Languages : en
Pages : 287
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 important topics, including: the form payment systems might take in the future the risks associated with this evolution the techniques being deployed to assess these risks and the implications these risks have for the respective roles of the public and private sector. Produced in association with the Bank of England, this book is fascinating reading for practitioners and policy makers in the field of payment systems, as well as students and researchers engaged with the economics of payments and central banking policy.