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Trade Journal

Small Business in the Digital Age: Recommendations for Recovery and Resilience

February 03, 2021
Greater digitization of commerce has brought enormous benefits to businesses and consumers. By using digital payment capabilities and online marketplaces, many micro, small, and medium enterprises (MSMEs) are more able to compete with larger firms through greater customer choice and reach. This paper examines the results of a Visa Economic...
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...
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