The Future of Payment Systems

The Future of Payment Systems

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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.Third, while the model provides qualitative insight about how the payment process works and why it is structured as it is, it does ... and the resources for making those payments a€“ such as staff with specialised competence in the banka#39;s operations centre ... a#39;straight-througha#39; payment processing will affect the level of demand for Fedwire credit, one would need to derive the ... opportunities envisioned in the settlement-friction model under both the manual and the automated technologies.

Title:The Future of Payment Systems
Author: Stephen Millard, Andrew Haldane, Victoria Saporta
Publisher:Routledge - 2008-03-25

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