The Net, Cybermoney, and Credit Risks : New Technologiy, and Payment System Risks

Smart cards, electronic checks, and electronic money alternatives combined with broadly available communications facilities such as the Internet are rapidly increasing the choices for retail payments. They are also increasing the risks. The author reviews the lessons for risk management from the earlier technological changes in the wholesale system.

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Bibliographic Details
Main Author: Minehan, Cathy E.
Language:English
Published: World Bank, Washington, DC 1996-04
Subjects:BANKING SERVICES, BANKING SYSTEM, BANKS, CENTRAL BANKS, CLEARING SYSTEMS, CLEARINGHOUSES, COMMERCIAL BANKS, CREDIT RISK, DEBIT CARD, DEPOSITORY, DEPOSITORY INSTITUTIONS, DISINTERMEDIATION, DOMESTIC PAYMENT SYSTEMS, ECONOMIC GROWTH, ELECTRONIC MONEY, ELECTRONIC PAYMENT, ELECTRONICS, FEDERAL RESERVE SYSTEM, FINAL SETTLEMENT, FINANCIAL STABILITY, FOREIGN EXCHANGE, FOREIGN EXCHANGE MARKETS, GROSS SETTLEMENT, GROSS SETTLEMENT SYSTEMS, INFORMATION SERVICES, INFORMATION SYSTEMS, INTEREST RATES, LAWS, LIQUIDITY, MAC, MARKET PARTICIPANTS, MIGRATION, MONETARY POLICY, NET DEBIT CAPS, NET SETTLEMENT, NET SETTLEMENT SYSTEMS, NETTING, NETWORKS, NEW TECHNOLOGIES, NEW TECHNOLOGY, NONBANKS, PAYMENT INSTRUCTIONS, PAYMENT SYSTEMS, REGULATORY FRAMEWORK, RETAIL PAYMENTS, RISK MANAGEMENT, SECURITIES, SETTLEMENT ACCOUNTS, SMART CARD TECHNOLOGY, SMART CARDS MONETARY CIRCULATION, PAYMENTS SYSTEMS, BANKING SYSTEMS, ELECTRONIC INSTRUMENTS, ELECTRONIC FUNDS TRANSFER, RETAIL BANKING, CONSUMER CREDIT,
Online Access:http://documents.worldbank.org/curated/en/1996/04/441486/netcybermoney-credit-risks-new-technologiy-payment-system-risks
https://hdl.handle.net/10986/11628
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