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Article
A Theory Of Credit Cards
Chakravorti and To construct a two-period model to study the interactions among consumers, merchants, and a card issuer. The model yields the following results. First, if the issuer's cost of funds is not too high...
Topic
Adoption and Usage
The Adoption and Usage topic covers the adoption and usage of financial products by consumers, businesses, and other participants in the financial system.
Article
An Electronic Supply Chain: Will Payments Follow?
Businesses, both small and large, are adopting new technologies to automate and reduce the exchange of paper documents in their transaction flows. However, more than 80% of payments between businesses are still made with paper...
Article
Analysis of Systemic Risk in Multilateral Net Settlement Systems
Chakravorti studies systemic risk in multilateral net settlement systems is investigated using a four-period model. The model focuses on the tradeoff between systemic risk and the cost of interbank transfers along with the importance of...
Article
Assessing Incentives to Increase Digital Payment Acceptance and Usage: A Machine Learning Approach
In this PLoS ONE article, Allen, Carbo, Chakravorti, Rodriguez, and Ardic use random forest estimation to identify 14 key predictors out of 190 variables with the largest predictive power for MSMR adoption and usage of...
Article
Bob Chakravorti Co-Authors Visa Report on Small Business Recovery and Resilience During Covid
Bob participated on the Visa Economic Empowerment Institute study team that produced its first major study titled, Small Business in the Digital Age: Recommendations for Recovery and Resilience.
Team
Bob Chakravorti, PhD
Sujit “Bob” Chakravorti is the Founder and CEO of Chakra Advisors LLC, an economic strategy consulting firm, that advises financial institutions and networks, technology firms, policymakers, multilateral institutions, think tanks, and FinTech startups.
Article
Can Existing Payment Networks Meet Future Needs?
The proportion of retail, non-cash payments made electronically in the U.S. grew from 15% in 1979 to 40% in 2000. A recent Chicago Fed conference addressed the important question of whether today's payment networks can...
Article
Chakra Advisors' Bob Chakravorti Presented at International Conference in New Delhi
Bob presented a paper on crypto tokens and discussed a finance paper at the World Finance and Banking Symposium in New Delhi, India in December 2019. The conference was attended by financial faculty and professionals...
Article
Chakra Advisors’ Bob Chakravorti Taught Courses at Indian Banking Institute
Bob gave three lectures at the National Institute of Bank Management in Pune, India in December 2019. He taught students on cryptocurrency, the current state of FinTech, and micro, small and medium enterprise lending and...
Article
Chakravorti Advises Alliance for Innovative Regulation on Crypto
Chakravorti is advising Alliance for Innovative Regulation on crypto issues
Article
Chakravorti Appointed Chief Economist (consulting) at Ripple
Bob is appointed first Chief Economist (consulting) at Ripple to provide economic analysis.
Article
Chakravorti Moderates a Discussion with Deputy Comptroller Donna Murphy of the OCC
Chakravorti moderated a discussion with Deputy Comptroller Donna Murphy at the OCC about banking, innovation, FinTechs, and maintaining a sound financial system
Article
Chakravorti Participated on an USAID Mission
Chakravorti served as Payments Expert for an USAID mission as part of the Pragma team.
Article
Chakravorti Participates on CAREC High-Level Panel on COVID-19 Pandemic and Financial Inclusion
In his role as Chief Economist at Ripple, Bob Chakravorti participated on a high-level virtual panel to discuss the COVID-19 pandemic and financial inclusion sponsored by CAREC and Astana International Finance Center.
Article
Chakravorti Presented Results from a Forthcoming World Bank Working Paper at the International Centre for Tax and Development
Bob presented preliminary findings from a forthcoming World Bank working paper to the DFS & Tax Working Group at the International Centre for Tax and Development.
Article
Chakravorti Presents at FinanceCom 2022
Chakravorti gave the dinner keynote at FinanceCom 2022 at the University of Twente in Enschede, The Netherlands. His talk was titled, The Impact of FinTech and Big Tech Firms on the Way We Pay.
Article
Chakravorti Presents at OCC
Chakravorti was invited to present his paper with Jeff Allen, Santiago Carbo, Francisco Rodriquez, and Oya Ardic at the OCC.
Article
Chakravorti speaks at 2023 FinTech Conference at UCSC's Santa Clara Campus
Chakravorti speaks at SF Fed, SFSU, and UCSC FinTech Conference for Second Straight Year.
Article
Chakravorti Speaks at FinTech: Innovation, Inclusion, and Risks Conference at San Francisco State University
Chakravorti speaks at CAFIN at UC Santa Cruz and Lam-Larsen FinTech Initiative at Lam Family College of Business, San Francisco State University joint conference on FinTech.
Article
Chakravorti, Carbo, and Rodriguez Participated on Recently Published World Bank Study
Chakravorti and Chakra Advisors' Global Advisory Board members, Carbo and Rodriguez were key contributors to the recently published World Bank study on Incentives for Electronic Payment Acceptance.
Topic
Climate Finance Solutions
Unlock the future of sustainable growth with innovative climate finance solutions, combining economic analysis and insights from financial markets to drive impactful environmental change and profitable investment opportunities.
Service
Consulting/Advising
Chakra Advisors LLC provides consulting services to senior leaders on how technology will shape the financial services industry.
Article
Consumer Choice and Merchant Acceptance of Payment Media
Bolt and Chakravorti study the ability of banks and merchants to influence the consumer's payment instrument choice. Consumers participate in payment card networks to insure themselves against three types of shocks - income, theft, and...