Showing 1 - 10 of 192
Persistent link: https://www.econbiz.de/10005360650
An analysis of the potential effects of three recent proposals for pricing Federal Reserve daylight overdrafts, demonstrating that reducing the attendant moral hazard in daylight overdraft credit depends on how, rather than on how much, pricing affects overdrafts, and that this should be a...
Persistent link: https://www.econbiz.de/10005360732
Persistent link: https://www.econbiz.de/10005361047
Persistent link: https://www.econbiz.de/10005367707
As the Federal Government moves to switch most federal payments from paper check delivery to Direct Deposit by January 2, 1999, the Electronic Fund Transfer Initiative (EFT) attempts to educate consumers and serve the "unbanked."
Persistent link: https://www.econbiz.de/10005367966
The Washington-based Financial Services Education Coalition has prepared a training guide to help service providers and community groups better educate their clients about Direct Deposit and other basic banking topics.
Persistent link: https://www.econbiz.de/10005367988
Questions and answers regarding compliance with Regulation E.
Persistent link: https://www.econbiz.de/10005367995
Real-time gross settlement (RTGS) systems such as CHAPS Sterling require large amounts of liquidity to support payment activity. To meet their liquidity needs, RTGS participants borrow from the central bank or rely on incoming payments from other participants. Both options can prove costly --...
Persistent link: https://www.econbiz.de/10005372875
Adapted from remarks given before the Seminar on Payment Systems in the European Union in Frankfurt, Germany, on February 27, 1997.
Persistent link: https://www.econbiz.de/10005372890
The Federal Reserve's Fedwire funds transfer service - the biggest large-value payments system in the United States - has long displayed a peak of activity in the late afternoon. Theory suggests that the concentration of late-afternoon Fedwire activity reflects coordination among participating...
Persistent link: https://www.econbiz.de/10005372931