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Payment and settlement systems and services have become vital components of the economic life of contemporary societies. Over the last decades, they have gone through several waves of reforms that have changed the landscape of the national payments system (NPS) in virtually every country in the...
Persistent link: https://www.econbiz.de/10013255449
Over the years, the demand for seamless and inexpensive cross-border payments has grown in parallel with growth in international e-commerce, remittances and tourism. Yet, cross-border payments have not kept pace with the intensive modernization that has characterized domestic payment services...
Persistent link: https://www.econbiz.de/10013255447
In recent years, due to innovations in technology, the concept of digital currency has emerged out of the desire of … based on the use of distributed ledger technology (DLT), can have a range of impacts on various aspects of financial markets …
Persistent link: https://www.econbiz.de/10013255448
Retail payment systems play an important role in the smooth functioning of any economy, and thus any inefficiency in the retail payments market can send negative effects cascading throughout the financial realm. The World Bank Global Payment Systems Survey 2010 has shown that inefficiencies...
Persistent link: https://www.econbiz.de/10012564762
This report is based on a study of the costs of retail payments in Kosovo, using a methodology (A Practical Guide for Measuring Retail Payment Costs) developed by the World Bank's Payment System Development Group (PSDG), part of the Finance, Competitiveness, and Innovation Global Practice. The...
Persistent link: https://www.econbiz.de/10013254962
The South Asia Payments and Securities Settlement Initiative (SAPI) objective is to describe and assess the payments and securities settlement systems of the countries of South Asia with a view to identifying possible improvement measures in their safety, efficiency and integrity. To assure...
Persistent link: https://www.econbiz.de/10012247478
Global survey outcomes presented in this publication are divided into two main sections: Chapters I through VIII analyze the survey results and identify trends using various variable for cross-country comparisons. In addition to worldwide totals, three broad country characteristics exogenous to...
Persistent link: https://www.econbiz.de/10012557725
This report covers the Western Hemisphere payments and securities settlement forum center for Latin American monetary studies and focuses on several issues. The first section covers economic and financial markets overview of Belarus. This section covers the financial sector, capital markets, and...
Persistent link: https://www.econbiz.de/10012558550
Emerging technology curation series aims to capture and share Korea experience and lessons learned in regard to … blockchain ecosystem is the first of the series and provides a short description of the blockchain technology and its potential … technology, which facilitates collaboration and exchange of transactional data and information among and across different players …
Persistent link: https://www.econbiz.de/10014578734
Persistent link: https://www.econbiz.de/10000563257