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Conference Summary

Can Existing Payment Networks Meet Future Needs?

October 01, 2003
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 adequately support emerging payment technologies.
Academic Journal

Theory of Credit Card Networks: A Survey of the Literature

June 01, 2003
Credit cards provide benefits to consumers and merchants not provided by other payment instruments as evidenced by their explosive growth in the number and value of transactions over the last 20 years. Recently, credit card networks have come under scrutiny from regulators and antitrust authorities around the world. The costs...
Central Bank and Multilateral Agency Publication

Managing Cross-Border Settlement Risk: The Case of Mexican ADRs

September 01, 1998
The Mexican securities clearance and settlement system is ahead of many markets in terms of having one of the shortest settlement periods. However, cross-border transactions—such as those involving American Depositary Receipts—have tended to be associated with a greater number of settlement fails than purely domestic transactions because the U.S. and...
Showing 1 - 3 of 3 results
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