Electronic Funds Transfers and Payments: The Public Policy Issues
Author: Elinor Solomon
Publisher: Springer Science & Business Media
Published: 2013-04-17
Total Pages: 245
ISBN-13: 9401577382
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Author: Elinor Solomon
Publisher: Springer Science & Business Media
Published: 2013-04-17
Total Pages: 245
ISBN-13: 9401577382
DOWNLOAD EBOOKAuthor: Sutherland, Asbill & Brennan
Publisher:
Published: 1978
Total Pages: 480
ISBN-13:
DOWNLOAD EBOOKAuthor: Kent W. Colton
Publisher: Springer Science & Business Media
Published: 2013-03-09
Total Pages: 304
ISBN-13: 1468435787
DOWNLOAD EBOOKElectronic funds transfer (EFT) systems include a wide range of computer-based payment systems and sources that substitute electronic and digital transfers for movements of cash and paper checks. A few years ago some people were predict ing that EFT would replace paper money and coins entirely and that we would soon be a "checkless" and' 'cashless" society. Such sweeping changes have not occurred, but a slower evolution is clearly underway. Although checks, cur rency, and coin are likely to be here for many years to come, EFT is becoming an established part of our worldwide payment transfer system, and the implications and consequences of this technology are real. They include: • Alterations in personal finance and in the process of purchasing and paying for consumer goods and services. • Changes in the structure of financial and retail organizations and their mode of interaction in the marketplace. • Modifications in the flow of funds in our society and in the interactions among economic institutions. • Alterations in the prospects for invasion of personal privacy, perpetration of fraud and theft, and violation of antitrust regulations. • Changes in the regulatory and competitive balance among the numerous financial institutions in the United States. Such alterations foretell important impacts on people and society. Benefits are forthcoming, but the costs will also be real.
Author:
Publisher:
Published: 1982
Total Pages: 92
ISBN-13:
DOWNLOAD EBOOKAuthor: National Commission on Electronic Fund Transfers
Publisher:
Published: 1977
Total Pages: 174
ISBN-13:
DOWNLOAD EBOOKAuthor: California. Interagency Task Force on EFT.
Publisher:
Published: 1979
Total Pages: 164
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Financial Institutions
Publisher:
Published: 1977
Total Pages: 554
ISBN-13:
DOWNLOAD EBOOKAuthor: National Commission on Electronic Fund Transfers
Publisher:
Published: 1977
Total Pages: 404
ISBN-13:
DOWNLOAD EBOOKAuthor: Mr.Tobias Adrian
Publisher: International Monetary Fund
Published: 2019-07-15
Total Pages: 20
ISBN-13: 1498324908
DOWNLOAD EBOOKThis paper marks the launch of a new IMF series, Fintech Notes. Building on years of IMF staff work, it will explore pressing topics in the digital economy and be issued periodically. The series will carry work by IMF staff and will seek to provide insight into the intersection of technology and the global economy. The Rise of Digital Money analyses how technology companies are stepping up competition to large banks and credit card companies. Digital forms of money are increasingly in the wallets of consumers as well as in the minds of policymakers. Cash and bank deposits are battling with so-called e-money, electronically stored monetary value denominated in, and pegged to, a currency like the euro or the dollar. This paper identifies the benefits and risks and highlights regulatory issues that are likely to emerge with a broader adoption of stablecoins. The paper also highlights the risks associated with e-money: potential creation of new monopolies; threats to weaker currencies; concerns about consumer protection and financial stability; and the risk of fostering illegal activities, among others.
Author: United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Financial Institutions and Consumer Credit
Publisher:
Published: 1998
Total Pages: 160
ISBN-13:
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