The Future of Payment Systems

Author:   Stephen Millard ,  Andrew Haldane ,  Victoria Saporta
Publisher:   Taylor & Francis Ltd
ISBN:  

9781138806191


Pages:   288
Publication Date:   23 June 2014
Format:   Paperback
Availability:   In Print   Availability explained
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The Future of Payment Systems


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Author:   Stephen Millard ,  Andrew Haldane ,  Victoria Saporta
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Weight:   0.408kg
ISBN:  

9781138806191


ISBN 10:   1138806196
Pages:   288
Publication Date:   23 June 2014
Audience:   College/higher education ,  Tertiary & Higher Education ,  Undergraduate
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

Introduction Part 1: Payment Systems and Public Policy - Central Banks and Payment Systems: Past, Present and Future. The Core Role of Central Banks in Payment Systems. Challenges for Research in Payments. Payment Economics and the Role of Central Banks Part 2: New Approaches to Modelling Payments - New Models of Old Payment Questions. Optimal Settlement Rules for Payment Systems. The Microstructure of Money Part 3: Current Payment Policy Issues - Wholesale Payments: Questioning the Market-Failure Hypothesis. Central Bank Intraday Collateral Policy and Implications for Tiering in RTGS Payment Systems. Central Banks’ Interest Calculating Conventions: Deviating from the Intraday/Overnight Status Quo. How Should we Regulate Banks’ Liquidity? Part 4: Policy Perspectives on the Future of Payments. The Diffusion of Real-Time Gross Settlement. E-Settlement: Soon a Reality? Real-Time Liquidity Management in a Globally Connected Market. Will Central Banking Survive Electronic Money? Payment Systems and Central Banks: Where are we Now and where will E-Payments take us?

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Stephen Millard, Andrew Haldane, Victoria Saporta

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