Braun, Michele; McAndrews, James; Roberds, William; … - Federal Reserve Bank <New York, NY>; Federal Reserve …; … - 2008
[...]This article explores in several ways the structure andvocabulary of emerging payments system risks and theirmitigation. We begin by recounting several incidents of fraudand losses associated with emerging payment methods. Wethen describe an economic framework for understanding riskcontrol...