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Topic

COVID-19

The COVID-19 topic covers the impact on the financial system and the economy, more broadly, from the COVID-19 pandemic.

Topic

Crypto Assets

The Crypto Assets topic covers cryptocurrency, decentralized finance, and various types of digital tokens including non-fungible tokens.

Article

Cryptocurrencies, Blockchain, and Finance

Bob Chakravorti was a guest lecture in Heather Russell's graduate law FinTech Program at Boston University Law School. Bob discussed the potential roles for cryptocurrencies and blockchains in finance.
Article

Cryptocurrency

As part of training of Indian senior bankers, the National Institute of Bank Management located in Pune, India, invited Bob Chakravorti to teach three courses. This course is on the viability and applications of cryptocurrencies...
Article

Cryptocurrency as a Disruptor: Reality or Fiction?

Recent headlines like: “ Bitcoin Mania: Even Grandma Wants In on the Action” and “ When Grandma and Grandpa Join the Frenzy, You Know Bitcoin Is Turning into a Bubble,” suggest that bitcoin has become...
Article

Current State of FinTech Evolution in India and Beyond

As part of training of Indian senior bankers, the National Institute of Bank Management located in Pune, India, invitedChakravorti to teach three courses. This course is on the evolution of FinTech in India and beyond...
Page

Data Protection Notice

One of your rights under EU law is that you must be informed when your personal data - also known as personal information - is processed (collected, used, stored) by any organization. You also have...
Team

David Young

David Young is the President of Proximity Protect, LLC, an InsureTech.

Digital Mint

Digital Mint Logo
Bob provided timely and insightful thought leadership to the DigitalMint executive team on the evolving banking and payments landscape including the regulatory framework. He is a part of an advisory board that provided vital input on the overall mission of the company. We were particularly impressed by his depth of knowledge of financial markets and the role of alternative products to increase financial inclusion. DigitalMint is a cryptocurrency enabler operating one of the largest cash-to-bitcoin networks in the United States with locations in over 30 states. DigitalMint provides access to cryptocurrencies including low to medium income households through various retail outlets.
- Jonathan Solomon, Co-Founder and CEO
- Marc Grens, Co-Founder and President
Article

Digital Transformation of the Financial Sector: The Impact of FinTech Firms

Chakravorti presented at Payments Canada 2018 in Toronto on May 9, 2018. He discussed the response of incumbents to the entry of FinTech firms. Specifically, he discussed payment, lending, wealth management, and cryptocurrency segments. He...
Article

Digitization of Retail Payment Systems

Bolt and Chakravorti investigate the research on electronic payment systems. The rapid growth in the use of electronic payment instruments, especially payment cards, is a striking feature of most modern economies. Payment data indicate that...
Article

Disrupting Payments: The Incumbents' Response

Advancements in computing and mobile technologies have provided the impetus to create new payment mechanisms. Furthermore, non-bank providers, e.g. Venmo and WeChat Pay, social media WeChat’s payments arm, play an increasing role in the provision...
Article

Disruption in Payments: Opportunities and Challenges

In this presentation, Chakravorti discusses how new entrants are disrupting payments. Specifically, he looks at how FinTechs are leveraging new technologies and Big Tech firms leveraging their large user bases to provide payment services to...
Article

EBPP-Is It Just a Click Away?

This article concerns electronic bill presentment and payment (EBPP) in the business-to-consumer (B2C) marketplace and, more specifically, remote bill payments (as opposed to payments made at the point of sale).B2C EBPP applications are plausibly among...
Article

Economics of Payment Cards: A Status Report

Bolt and Chakravorti explain how a payment network operates. Having established the payment network framework, they discuss the costs and benefits of providing and using payment cards relative to various other types of payment instruments...
Article

Ending Too Big To Fail: What Is The Proper Role For Capital And Liquidity

In his testimony, Bob Chakravorti elaborated on the following areas: first, the state of the economic literature on the costs and benefits of capital regulation; second, the enormous changes that we have seen post-crisis in...
Article

Externalities in Payment Card Networks: Theory and Evidence

Payment cards continue to replace cash and checks in advanced economies. Along with the growth of payment card transactions has come greater scrutiny by public authorities of certain payment network rules along with the level...
Article

Financial Services Technology Revolution: Keynote at NASAA Annual Conference

In his opening keynote at NASAA, Bob Chakravorti gave an overview of the impact of FinTech firms on the financial services industry. He spoke about how these firms are impacting payments, lending, wealth and asset...
Topic

Financial Stability

The Financial Stability topic includes research surrounding policies that are aimed at increasing financial stability.

Topic

FinTech

The FinTech topic covers research in the area of financial technology.

Article

FinTech and Digital Transformation of the Financial Sector

In his presentation in Madrid, Spain in April 2017, Bob Chakravorti discussed how the financial sector is rapidly changing because of new products and services brought to market by FinTech firms. Specifically, he discusses certain...
Article

FinTechs and MSME Lending

As part of training of Indian senior bankers, the National Institute of Bank Management located in Pune, India, invited Chakravorti to teach three courses. This course is on the FinTech financing options of MSMEs.
Article

FinTechs, Incumbents, and the Future

FinTech or financial technology has become an industry of great interest for investors, financial service professionals, consumers, businesses, and policymakers. From 2012 to 2017 Q2, VC-backed FinTech firms raised $50 billion globally (see CB Insights)...
Article

Forces Shaping the Payments Environment: A Summary of the Chicago Fed’s 2005 Payments Conference

Chakravorti and Jankowski summarize the 2005 Chicago Payments conference. The migration to more efficient payment mechanisms is affected by innovations, incentives, and regulations. While advances in technology have yielded numerous payment method alternatives, many have...

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