Managing the Risks of Payment Systems
Title | Managing the Risks of Payment Systems PDF eBook |
Author | Paul S. Turner |
Publisher | John Wiley & Sons |
Pages | 252 |
Release | 2003-06-03 |
Genre | Business & Economics |
ISBN | 0471455709 |
Provides a comprehensive overview of sources of corporate risk and major control measures. Identifies risks inherent in corporate payments systems. Shows how to assess credit risk, develop policies, and control the entire risk management process.
Introduction to Online Payments Risk Management
Title | Introduction to Online Payments Risk Management PDF eBook |
Author | Ohad Samet |
Publisher | "O'Reilly Media, Inc." |
Pages | 29 |
Release | 2013-06-07 |
Genre | Computers |
ISBN | 1449368913 |
If you've been tasked with building a team to handle risk management for online payments (RMP), this practical introduction provides a framework for choosing the technologies and personnel you need. Author and financial services executive Ohad Samet explains the components of payments risk management, and presents a coherent strategy and operational approach. You'll learn the answers to questions you're likely to encounter in the first 18 months of operation, with information that Samet has shaped and tested over several years in the industry. This book is ideal whether you intend to be a one-person task force or work with dozens of agents and analysts. Use both a portfolio and behavioral approach to analyzing and optimizing losses Learn about your customers to determine if they can and will meet obligations Build an RMP team for payment risk operations, analytics, and decision automation Use linking mechanisms and velocity models to detect unusual activity among your customers Design system and data architecture to facilitate your activity analysis Implement the decision and loss-reduction mechanisms you need to act on your findings
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 |
Managing Payment System Risk During the Transition From a Centrally Planned to a Market Economy
Title | Managing Payment System Risk During the Transition From a Centrally Planned to a Market Economy PDF eBook |
Author | Mr.Andrew T. Hook |
Publisher | International Monetary Fund |
Pages | 50 |
Release | 1992-11-01 |
Genre | Business & Economics |
ISBN | 1451851766 |
The objectives and functions of payments systems in centrally planned economies are described and analyzed. These are compared to those of payments systems in market economies and to the characteristics of an ideal payments system. The dominant role of the state in the centrally planned economies meant that the state underwrote virtually all payments risk. With the withdrawal of the state, however, participants became exposed to credit, liquidity, and operational risks. In the transition, the central bank has a key role to play in payments systems. Areas where rapid improvements are possible are: accounting, clearing, settlement, netting and standardization.
Risk Management of Credit Facilities in Payment Systems
Title | Risk Management of Credit Facilities in Payment Systems PDF eBook |
Author | Xianhua Wei |
Publisher | |
Pages | 9 |
Release | 2008 |
Genre | |
ISBN |
This paper summarizes the risk management strategy of the current payment systems. By constructing an independent payment services agency, the paper discusses the cost of default that the payment services agency may bear when supplying credit facilities. By simulating and calculating the unit cost of loan guarantee in settlement cycle, the payment services agency can understand clearly the factors which affect risk management strategies of providing credit facilities. The paper provides an analysis to help the payment services agency choose the best among various feasible risk management strategies of providing credit facilities.
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 Corporate Guide to Payments System Risk
Title | The Corporate Guide to Payments System Risk PDF eBook |
Author | Jack M. Meckler |
Publisher | Probus Publishing Company |
Pages | 232 |
Release | 1995 |
Genre | Business & Economics |
ISBN |
Concern about corporate and bank risk in payments transactions has been an issue of increasing concern to companies of all sizes. This handbook outlines a variety of sources of risk and major control measures of which the treasury manager needs a thorough understanding. It shows how to assess credit risk, develop policies, and control the entire risk management process.