Format:
XXIV, 235 S.
,
graph. Darst
Edition:
1. publ.
Edition:
Online-Ausg. 2011 Electronic reproduction; Available via World Wide Web
ISBN:
0230202500
,
9780230202504
Series Statement:
Palgrave Macmillan studies in banking and financial institutions
Content:
Literaturverz. S. 213 - 215
Content:
Payment systems are changing profoundly through regulation, technology and competition from new entrants. This is a comprehensive introduction and reference on payment systems, covering their structure, international systems and settlements, and focusing on electronic transfers. Concludes with the future of the payments business
Note:
Includes bibliographical references (p. 208-215) and index -- Includes web resources
,
Cover; Contents; List of Figures; List of Tables; Acknowledgements; Foreword; Commonly Used Abbreviations and Acronyms; Introduction; Part I: The Structure and Economics of Payment Systems; Part II: Overview of Current Payment Systems; Part III: The Settlement of Trading Activities; Part IV: Wholesale Payment, Cash Management and Trade Facilitation Services; Part V: Banks and the Payments Business; Part VI: The Future; Conclusion; Appendix; Notes; Bibliography and Useful Websites; Glossary; Index
,
IntroductionPart I: The structure and economics of payment systems -- The architecture of payment systems -- Introduction and basic concepts -- Participants in a payment system -- Payment operations -- Standards -- Efficiency criteria for payment systems -- Payment instruments -- Characteristics of payment instruments -- Cash -- Cheques -- Credit transfers -- Direct debits -- Cards -- Payment channels -- Statistics and comparative trends -- Cross-currency payments and SWIFT -- Correspondent banking -- The SWIFT network -- The correspondent banking and clearing business -- Remittances -- Risks in payment systems, oversight and security -- Analysis of risks in payment systems -- Risk management -- Regulatory oversight -- Fraud prevention and security -- The role of payment systems in the economy -- The economic role of payment systems -- Payment systems and money velocity -- Network economics -- Part II: Overview of current payment systems -- European payments and SEPA -- SEPA -- The payment services directive (PSD) -- The TARGET2 RTGS system -- Clearing and settlement mechanisms -- The EBA payment systems -- The SEPA schemes and frameworks -- Business and operational impact of SEPA -- UK payment systems -- The US payment systems -- Fedwire -- The national settlement system -- CHIPS -- The ACH network -- Cheques -- Cards -- Trends -- Overview of the US securities clearing and settlement systems -- Major Asian payment systems -- Payment and securities settlement systems in Japan -- Payment and securities settlement systems in China and Hong Kong SAR -- New entrants -- Remittance service providers -- Non-bank issued credit cards -- Transport cards -- Mobile phones and mobile payments -- Paypal -- Earthport -- Part III: The settlement of trading activities -- The settlement of foreign exchange trades and CLS -- The settlement of foreign exchange trades and settlement risk -- CLS -- Securities settlement -- Securities clearing and settlement -- Risks in securities settlement systems -- Settlement risk management -- Consolidation of exchanges and the clearing and settlement landscape -- TARGET2 securities -- Part IV: Wholesale payments, cash management and trade facilitation services -- The requirements of corporations -- The role of the treasury department -- Electronic invoicing -- Supply chain finance (SCF) -- Corporate banking services -- Electronic banking and communication channels -- Reporting, cash management and treasury services -- Fees and remuneration -- Selection criteria -- Part V: Banks and the payments business -- The bank's back offices -- Payment processing and STP -- Departments involved -- Operations -- IT systems -- Payments as a business for banks -- Payments within banks' overall strategy -- The economics and profitability of payment services -- Organisation and governance -- Development of an enterprise-wide payments strategy -- Part VI: The future -- Where is the payments business going? -- Instruments -- Payment systems architectures, schemes, standards and operators -- Risk and fraud management -- Governance and oversight -- Settlement of financial markets trading -- Regional developments -- Corporate banking -- New entrants -- Operations -- Revenue shifts and reduction.
,
Electronic reproduction; Available via World Wide Web
Additional Edition:
Erscheint auch als Druck-Ausgabe Payment Systems : From the Salt Mines to the Board Room
Language:
English
DOI:
10.1057/9780230227217
URL:
Volltext
(lizenzpflichtig)
