Introduction to Payments and Financial Market Infrastructures

George Pantelopoulos

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Lingua: inglese

Editore: Springer Nature Switzerland Okt 2023, 2023

3031395190 / 9783031395192

Serie: Libro 146 di 190 - Springer Texts in Business and Economics

Da: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, GermaniaBuchWeltWeit Ludwig Meier e.K.

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Venditore AbeBooks dal 11 gennaio 2012

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This item is printed on demand - it takes 3-4 days longer - Neuware -Payments and financial market infrastructures are vital components of modern economies, yet they have often been overlooked by economists. However, any economic exchange, including financial market transactions, is matched by a payment leg, and the safety, efficiency, and immediacy of the payment, and the problem of linking the two legs of the transaction ('delivery-vs-payment'), remain universal challenges. The consequences of inefficiencies or interruptions in payment and settlement systems have immediate and significant impacts on the real economy. Moreover, payments and financial market infrastructures are also a matter of strategic importance for nation-states, and being excessively dependent on foreign providers has been proven to be a significant risk, as they can be 'weaponized.'This book provides a concise yet thorough introduction to payments and financial market infrastructures, exploring various types of risks, retail payments, payment systems, cross-border payments, central counterparties, FX operations, and central securities depositories. The final chapter investigates payment innovations, including unbacked crypto-assets (e.g. Bitcoin), stablecoins, and central bank digital currencies. The text outlines key activities and risk management frameworks, as well as examining the operational mechanics of different payment systems. The book emphasizes the importance of understanding the nature of transfer of financial claims and liabilities through the process of payment and settlement, providing financial account representations of payments wherever useful. The book concludes that the payment and financial market infrastructure space has been shaken by recent innovations, which are expected to lead to seismic shifts in payment technology, practices, and market structures. 168 pp. Englisch.…

Codice articolo 9783031395192

Titolo
Introduction to Payments and Financial Market Infrastructures
Autore
George Pantelopoulos
Editore
Springer Nature Switzerland Okt 2023
Anno di pubblicazione
2023
Condizione
Neu
Rilegatura
Buch
Lingua
inglese
ISBN 10
3031395190
ISBN 13
9783031395192
Peso dell'articolo
424 grammi
Dimensioni
241x160x15 mm
Serie
Libro 146 di 190: Springer Texts in Business and Economics

BuchWeltWeit Ludwig Meier e.K.

Bergisch Gladbach, Germania

Venditore con 5 stelle

Venditore AbeBooks dal 11 gennaio 2012

Tariffe di spedizione da Germania a U.S.A.

ArticoloDa 5 a 15 giorni lavorativiDa 5 a 15 giorni lavorativi
Primo articoloEUR 23,00EUR 23,00
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BuchWeltWeit Ludwig Meier e.K.

Germania