Payment systems[electronic resource]...
Nacamuli, Alec, (1943-)

 

  • Payment systems[electronic resource] :from the salt mines to theboard room /
  • 紀錄類型: 書目-語言資料,印刷品 : Monograph/item
    杜威分類號: 332.1/78
    書名/作者: Payment systems : from the salt mines to theboard room // Dominique Rambure and Alec Nacamuli.
    作者: Rambure, Dominique.
    其他作者: Nacamuli, Alec,
    出版者: Basingstoke [England] ; : Palgrave Macmillan,, 2008.
    面頁冊數: 1 online resource (xxiv, 235 p.) : : ill.
    附註: Description based on print version record.
    標題: Payment.
    標題: Clearinghouses (Banking)
    標題: Banks and banking, Central.
    ISBN: 9780230227217 (electronic bk.)
    ISBN: 023022721X (electronic bk.)
    書目註: Includes bibliographical references (p. 208-215) and index.
    內容註: Introduction -- Part I: The structure and economics of payment systems -- The architecture ofpayment 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 -- Riskmanagement -- 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 insecurities 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 abusiness 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 -- Newentrants -- Operations -- Revenue shifts and reduction.
    摘要、提要註: The world has just been rocked by the most serious financial crisis in decades, yet payment systems functioned unperturbed: salaries were paid out and bills settled as usual. Do we take paymentsystems for granted? They are, however, changing profoundly under the impact of competition, technology and regulation. Once a monopoly of banks, payment services are now under attack by entrants from outside the financial industry who will cherry-pick the most profitable areas. This book covers the various payment instruments, the architecture of payment systems, the risk management measures which allowed them to survive recent crises and the role of the various stakeholders. It describes the payment systems in Europe (SEPA), the US and major Asian markets and also covers the settlement of securities and FX trading. It examines the payment and cash management services required by corporations and how the banks are endeavoring to satisfy them. The book concludes with the authors b2 s views on the future of this fascinating business. Payment back offices were considered the banks b2 s salt mines, but boards now understand thatpayment services are an essential part of their global business strategy.
    電子資源: access to fulltext (Palgrave)
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