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On September 20-21, 2007, the Research Department and the Payment Cards Center of the Federal Reserve Bank of Philadelphia held their fourth joint conference to present and discuss the latest research on consumer credit payments. Approximately 75 participants attended the conference, which...
Persistent link: https://www.econbiz.de/10005712174
Although people still use cash to pay for goods and services, the trend is toward payment cards. In the U.S., payment card networks coordinate the activities of thousands of financial institutions, millions of retail locations, and several hundred million consumers. This coordination may include...
Persistent link: https://www.econbiz.de/10005361405
Highways, railroads, pipelines—we see or hear about these types of physical networks almost every day. But information systems, such as the Internet, and payment systems, such as ATMs and credit cards, also involve networks. Hence, understanding the economics of networks and the unique...
Persistent link: https://www.econbiz.de/10005361428
This article updates the information published in an article by Loretta Mester in the March/April 2000 Business Review and last updated in the Third Quarter 2009 issue.
Persistent link: https://www.econbiz.de/10010722958
On September 22-23, 2011, the Research Department and the Payment Cards Center of the Federal Reserve Bank of Philadelphia held their sixth joint conference to present and discuss the latest research on consumer credit and payments. Eighty-four participants attended the conference, which...
Persistent link: https://www.econbiz.de/10010722967
President Anthony Santomero highlights the differences between U.S. and European payments infrastructure; discusses how the roots and evolution of the U.S. payments system differs from Europe’s; and outlines the likely path of the U.S. payment system and the Fed’s role in it. In the end, he...
Persistent link: https://www.econbiz.de/10004967407
Persistent link: https://www.econbiz.de/10004967481
The Federal Reserve Bank of Philadelphia’s Research Department and Payment Cards Center held a conference September 29-30, 2005 - the fourth in a series of conferences exploring new academic research on the topic of consumer credit and payments. Seven research papers covered topics such as the...
Persistent link: https://www.econbiz.de/10004967488
This article updates the tables originally published in an article by Loretta Mester in the March/April 2000 Business Review and subsequently updated in the Second Quarter 2006 issue.
Persistent link: https://www.econbiz.de/10004967496