Payment System and Funds Transfer Activities
Title | Payment System and Funds Transfer Activities PDF eBook |
Author | Comptroller of Comptroller of the Currency Administrator of National Banks |
Publisher | CreateSpace |
Pages | 50 |
Release | 2015-01-01 |
Genre | |
ISBN | 9781505252217 |
Financial institutions and their customers are recognizing a growing need tomanage cash resources more efficiently. Economic and financial factors, together with improved data communications and computer technology, haveincreased demand for electronic funds transfer (EFT) services from the financialindustry. EFT is defined as: any transfer of funds which is initiated through anelectronic terminal, telephonic instrument, computer, or magnetic tape so as toorder, instruct, or authorize a financial institution to debit or credit an account
Payment Systems
Title | Payment Systems PDF eBook |
Author | David B. Humphrey |
Publisher | World Bank Publications |
Pages | 114 |
Release | 1995 |
Genre | Business & Economics |
ISBN | 9780821331118 |
World Bank Technical Paper No. 260. An efficient payment system is a necessary precondition for business development. This study outlines the basic operating principles of a payment system and reviews its benefits, costs, risks, and problems. It examines in detail the systems currently in place in the developed economies of Europe and the United States and draws from the analyses to support recommendations for restructuring those systems in developing countries. The study reviews the various types of payment practices that exist in mature systems including cash, check, GIRO, debit and credit card, direct debit, and large-value wire transfers. A range of short- and long-term improvements in payment systems are recommended for developing countries. There is a special focus on the Russian payment system and the problems it faces in transition from a centrally planned to an market economy.
The U.S. Payment System: Efficiency, Risk and the Role of the Federal Reserve
Title | The U.S. Payment System: Efficiency, Risk and the Role of the Federal Reserve PDF eBook |
Author | David B. Humphrey |
Publisher | Springer Science & Business Media |
Pages | 328 |
Release | 2012-12-06 |
Genre | Business & Economics |
ISBN | 9400925107 |
The U.S. payment system is in the midst of a significant transition. Some of the changes to our payment system, involving its efficiency, the risks inherent in the payment process, and the role of the private and public sectors in the payment mechanism, are the subject of considerable debate and controversy. In recent years, the Federal Reserve Bank of Richmond has played an active part in the development and implementation of policies to improve the payment process. The Bank's operations staff has represented the Federal Reserve System in work with the banking industry to help shape and implement programs to increase efficiency and reduce payment risk. Further, our Research Department has made payment system research an important part of its agenda. The mix of practical experience and research has resulted in a unique perspective on payment system issues that led us to organize a symposium on the U.S. payment system, held on May 25-26, 1988, in Williamsburg, Virginia. Reflecting our belief in the importance of combining both practical experience and theory in addressing payment issues, we invited practi tioners, scholars, and policymakers to share their ideas. The symposium provided an opportunity for those researchers who are studying p- xi PREFACE xii ment issues to present their ideas and to have these ideas evaluated by experienced practitioners.
The Nature and Management of Payment System Risks
Title | The Nature and Management of Payment System Risks PDF eBook |
Author | C. E. V. Borio |
Publisher | |
Pages | 90 |
Release | 1993 |
Genre | Banks and banking, International |
ISBN |
The Payment System
Title | The Payment System PDF eBook |
Author | Tom Kokkola |
Publisher | |
Pages | 369 |
Release | 2010 |
Genre | Banks and banking, Central |
ISBN | 9789289906333 |
"This book is designed to provide the reader with an insight into the main concepts involved in the handling of payments, securities and derivatives and the organisation and functioning of the market infrastructure concerned. Emphasis is placed on the general principles governing the functioning of the relevant systems and processes and the presentation of the underlying economic, business, legal, institutional, organisational and policy issues. The book is aimed at decision-makers, practitioners, lawyers and academics wishing to acquire a deeper understanding of market infrastructure issues. It should also prove useful for students with an interest in monetary and financial issues."--Introduction (Pg. 20, para 8).
Electronic Funds Transfers and Payments: The Public Policy Issues
Title | Electronic Funds Transfers and Payments: The Public Policy Issues PDF eBook |
Author | Elinor Solomon |
Publisher | Springer Science & Business Media |
Pages | 245 |
Release | 2013-04-17 |
Genre | Business & Economics |
ISBN | 9401577382 |
The Federal Reserve System Purposes and Functions
Title | The Federal Reserve System Purposes and Functions PDF eBook |
Author | Board of Governors of the Federal Reserve System |
Publisher | |
Pages | 0 |
Release | 2002 |
Genre | Banks and Banking |
ISBN | 9780894991967 |
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.