23 October 2017

Non-banks in the payments system

17 May 2007  |  6870 views  |  0 Source: European Central Bank (ECB) and the Federal Reserve Bank of Kansas City cash

Results of a joint study undertaken by staff at the European Central Bank (ECB) and the Federal Reserve Bank of Kansas City to document and analyse non-banks in the payments system.

The focus is on electronic retail payment services in the European Union (EU) and the United States. The paper adopts a common set of definitions and a uniform analytical framework.

The study has three general objectives: (i) to document the various activities performed by nonbanks in the provision of retail payments services; (ii) to evaluate the role of nonbanks relative to the role of banks; and (iii) to present a preliminary assessment of the implications of the growing role of nonbanks.» Download the document now 1.6 mb (PDF File)

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)

Solution source

Search by company or single key word