Payment system technologies and functions: innovations and developments
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Hershey
Business Science Reference
2011
|
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Item Description: | Includes bibliographical references and index |
| Physical Description: | XV, 225 S. graph. Darst. 29 cm |
| ISBN: | 1615206450 9781615206452 |
Staff View
MARC
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|---|---|---|---|
| 001 | BV039952535 | ||
| 003 | DE-604 | ||
| 005 | 20120611 | ||
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| 008 | 120312s2011 xxud||| |||| 00||| eng d | ||
| 010 | |a 2010040558 | ||
| 020 | |a 1615206450 |c hbk. |9 1-615-20645-0 | ||
| 020 | |a 9781615206452 |c hbk. |9 978-1-615-20645-2 | ||
| 035 | |a (OCoLC)785848807 | ||
| 035 | |a (DE-599)BVBBV039952535 | ||
| 040 | |a DE-604 |b ger |e aacr | ||
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| 084 | |a QK 305 |0 (DE-625)141642: |2 rvk | ||
| 100 | 1 | |a Nakajima, Masashi |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Payment system technologies and functions |b innovations and developments |c Masashi Nakajima |
| 264 | 1 | |a Hershey |b Business Science Reference |c 2011 | |
| 300 | |a XV, 225 S. |b graph. Darst. |c 29 cm | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 500 | |a Includes bibliographical references and index | ||
| 650 | 4 | |a Check collection systems | |
| 650 | 4 | |a Electronic funds transfers | |
| 650 | 4 | |a Clearinghouses (Banking) | |
| 650 | 4 | |a Payment | |
| 650 | 0 | 7 | |a Elektronischer Zahlungsverkehr |0 (DE-588)4014359-4 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Internationaler Zahlungsverkehr |0 (DE-588)4125844-7 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Kreditmarkt |0 (DE-588)4073788-3 |2 gnd |9 rswk-swf |
| 653 | |a Payment systems | ||
| 689 | 0 | 0 | |a Elektronischer Zahlungsverkehr |0 (DE-588)4014359-4 |D s |
| 689 | 0 | 1 | |a Internationaler Zahlungsverkehr |0 (DE-588)4125844-7 |D s |
| 689 | 0 | 2 | |a Kreditmarkt |0 (DE-588)4073788-3 |D s |
| 689 | 0 | |C b |5 DE-604 | |
| 776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |z 1-615-20646-9 |
| 776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |z 978-1-615-20646-9 |
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| 999 | |a oai:aleph.bib-bvb.de:BVB01-024810436 | ||
Record in the Search Index
| _version_ | 1804148924138651649 |
|---|---|
| adam_text | Table
of Contents
Foreword
..............................................................................................................................................
vii
Preface
.................................................................................................................................................viii
Acknowledgment
................................................................................................................................xiv
Section
1
Basic Knowledge about Payment Systems
Chapter
1
Basics of Payment Systems
...................................................................................................................1
Introduction
.............................................................................................................................................1
Settlement and Payment System
..............................................................................................................2
Importance of Payment System
...............................................................................................................2
Several Aspects of Settlement
..................................................................................................................3
Paper-Based Payment Systems and Elecronic Payment Systems
...........................................................4
Actors in Payment Systems
.....................................................................................................................4
Banks as a Payment System
....................................................................................................................5
Processes in Payment System
.................................................................................................................6
Functions of Central Banks
....................................................................................................................7
Network Externalities of Payment System
..............................................................................................8
Payment System as a Natural Monopoly
................................................................................................8
Interdependences of Payment Systems
...................................................................................................9
References
.............................................................................................................................................10
Endnote.................................................................................................................................................10
Chapter
2
Classifications of Payment System
----------.-------------------------------------------------------------11
Introduction
...........................................................................................................................................11
Operator of Payment System
................................................................................................................12
Settlement Method.
................................................................................................................................12
Frequency and Timing of Settlement
.....................................................................................................13
Payment Value
.......................................................................................................................................14
Settlement Date
.....................................................................................................................................14
Settlement Asset.
....................................................................................................................................15
References
.............................................................................................................................................16
Endnote.................................................................................................................................................16
Chapter
3
Settlement Risk
....................................................................................................................................17
Introduction
...........................................................................................................................................17
Origin of Settlement Risk
...................................................................................................................... 18
Settlement Risk and Pre-Settlement Risk
..............................................................................................18
Classification of Settlement Risk
...........................................................................................................19
Magnitude of Loss Caused By Settlement Risk
.....................................................................................20
Actual Examples of Settlement Risk
......................................................................................................21
Exposure of Settlement Risk
..................................................................................................................23
Reduction Measures of Settlement Amount
...........................................................................................23
Reduction Measures
ofĽme-Ĺag
.........................................................................................................25
References
.............................................................................................................................................27
Endnotes................................................................................................................................................28
Section
2
Basic Payment Systems and Advanced Payment Systems
Chapter
4
DTNS System and RTGS System
......................................................................................................30
Introduction
...........................................................................................................................................30
Two Basic Payment Systems
.................................................................................................................31
Comparisons of Two Basic Payment Systems
.......................................................................................31
Risk Management Measures in DTNS System
......................................................................................33
Risk Reduction by Introducing RTGS System
.......................................................................................36
Liquidity Management in RTGS System
...............................................................................................36
References
.............................................................................................................................................41
Endnotes................................................................................................................................................41
Chapter
5
Hybrid System and Integrated System
.............................................................................................42
Introduction
...........................................................................................................................................42
Hybrid System
.......................................................................................................................................43
Integrated System
..................................................................................................................................45
Mechanisms that Support Advanced Payment Systems
........................................................................49
References
.............................................................................................................................................54
Endnote.................................................................................................................................................54
Section
3
Innovations
in Payment Systems
Chapter
6
Evolutionary Trends of Payment Systems
........................................................................................56
Introduction
...........................................................................................................................................57
Trans is ion From DTNS System to RTGS System
..................................................................................57
Introduction of Hybrid Systems
.............................................................................................................62
Introduction of Integrated Systems
.......................................................................................................63
Evolutionary Process of Payment Systems
...........................................................................................64
Multi-Currency Payment Systems and Offshore Payment Systems
......................................................65
Linkage With
CSD.................................................................................................................................70
Financial Edi Capability
.......................................................................................................................72
References
.............................................................................................................................................73
Endnotes................................................................................................................................................73
Chapter
7
Driving Forces for Innovations in Payment Systems
.......................................................................75
Introduction
...........................................................................................................................................76
Rapid Growth of Settlement Values and Settlement Risks
.....................................................................76
Enlightenment by the BIS.
.....................................................................................................................76
Competition between Payment Systems
................................................................................................84
Technological Progress
.........................................................................................................................86
References
.............................................................................................................................................87
Endnotes................................................................................................................................................88
Chapter
8
Critical Issues on Payment Systems
..................................................................................................89
Introduction
...........................................................................................................................................90
Governance Structure of Payment Systems
..........................................................................................90
Legal Issues on Payment Systems
.........................................................................................................91
Operational Reliability of Payment Systems
.........................................................................................92
Efficiency Issues of Payment Systems
...................................................................................................93
References
.............................................................................................................................................94
Endnote.................................................................................................................................................94
Section
4
Developments of Payment Systems in Selected Countries
Chapter
9
Payment Systems in US
......................................................................................................................%
Introduction
...........................................................................................................................................97
Fedwire
.................................................................................................................................................97
CHIPS
.................................................................................................................................................
I03
ACH.
....................................................................................................................................................
U8
References
........................................................................................................................................... 29
Endnotes.............................................................................................................................................. 29
Chapter
10
Payment
Systems
in
EU....................................................................................................................130
Introduction
.........................................................................................................................................
ЗІ
From TARGET to TARGET2
...............................................................................................................131
TARGET2
............................................................................................................................................135
Retail Payment Systems In
EU............................................................................................................151
References
...........................................................................................................................................166
Endnotes..............................................................................................................................................167
Chapter
11
Payment Systems in Japan
...............................................................................................................168
Introduction
.........................................................................................................................................169
BOJ-NET.
............................................................................................................................................169
Transition of BOJ-NET to RTGS System
............................................................................................171
FXYCS.
................................................................................................................................................182
Zengin System
.....................................................................................................................................183
References
...........................................................................................................................................189
Endnotes..............................................................................................................................................189
Chapter
12
CLSBank
...........................................................................................................................................190
Introduction
.........................................................................................................................................190
Background of CLS Bank
....................................................................................................................191
Outline of CLS Bank
...........................................................................................................................193
Funding and Settlement Procedures of CLS Bank
..............................................................................198
Risk Management of CLS Bank.
..........................................................................................................204
Liquidity for CLS Settlement
...............................................................................................................206
Counter-Measures for Pay-In Failure
................................................................................................207
Impact of CLS Bank
............................................................................................................................208
Extention of Business Areas by CLS Bank
..........................................................................................210
References
...........................................................................................................................................211
Endnotes..............................................................................................................................................212
About the Author
..............................................................................................................................213
List of Abbreviations
.........................................................................................................................214
Index
............................................................................................................. 219
|
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| dewey-ones | 332 - Financial economics |
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| dewey-search | 332.1/78 |
| dewey-sort | 3332.1 278 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
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| id | DE-604.BV039952535 |
| illustrated | Illustrated |
| indexdate | 2024-07-10T00:14:51Z |
| institution | BVB |
| isbn | 1615206450 9781615206452 |
| language | English |
| lccn | 2010040558 |
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| owner | DE-355 DE-BY-UBR |
| owner_facet | DE-355 DE-BY-UBR |
| physical | XV, 225 S. graph. Darst. 29 cm |
| publishDate | 2011 |
| publishDateSearch | 2011 |
| publishDateSort | 2011 |
| publisher | Business Science Reference |
| record_format | marc |
| spelling | Nakajima, Masashi Verfasser aut Payment system technologies and functions innovations and developments Masashi Nakajima Hershey Business Science Reference 2011 XV, 225 S. graph. Darst. 29 cm txt rdacontent n rdamedia nc rdacarrier Includes bibliographical references and index Check collection systems Electronic funds transfers Clearinghouses (Banking) Payment Elektronischer Zahlungsverkehr (DE-588)4014359-4 gnd rswk-swf Internationaler Zahlungsverkehr (DE-588)4125844-7 gnd rswk-swf Kreditmarkt (DE-588)4073788-3 gnd rswk-swf Payment systems Elektronischer Zahlungsverkehr (DE-588)4014359-4 s Internationaler Zahlungsverkehr (DE-588)4125844-7 s Kreditmarkt (DE-588)4073788-3 s b DE-604 Erscheint auch als Online-Ausgabe 1-615-20646-9 Erscheint auch als Online-Ausgabe 978-1-615-20646-9 Digitalisierung UB Regensburg application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=024810436&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Nakajima, Masashi Payment system technologies and functions innovations and developments Check collection systems Electronic funds transfers Clearinghouses (Banking) Payment Elektronischer Zahlungsverkehr (DE-588)4014359-4 gnd Internationaler Zahlungsverkehr (DE-588)4125844-7 gnd Kreditmarkt (DE-588)4073788-3 gnd |
| subject_GND | (DE-588)4014359-4 (DE-588)4125844-7 (DE-588)4073788-3 |
| title | Payment system technologies and functions innovations and developments |
| title_auth | Payment system technologies and functions innovations and developments |
| title_exact_search | Payment system technologies and functions innovations and developments |
| title_full | Payment system technologies and functions innovations and developments Masashi Nakajima |
| title_fullStr | Payment system technologies and functions innovations and developments Masashi Nakajima |
| title_full_unstemmed | Payment system technologies and functions innovations and developments Masashi Nakajima |
| title_short | Payment system technologies and functions |
| title_sort | payment system technologies and functions innovations and developments |
| title_sub | innovations and developments |
| topic | Check collection systems Electronic funds transfers Clearinghouses (Banking) Payment Elektronischer Zahlungsverkehr (DE-588)4014359-4 gnd Internationaler Zahlungsverkehr (DE-588)4125844-7 gnd Kreditmarkt (DE-588)4073788-3 gnd |
| topic_facet | Check collection systems Electronic funds transfers Clearinghouses (Banking) Payment Elektronischer Zahlungsverkehr Internationaler Zahlungsverkehr Kreditmarkt |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=024810436&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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