Payment systems are changing profoundly through regulation, technology and competition from new entrants. This is a comprehensive introduction and reference on payment systems, covering their structure, international systems and settlements, and focusing on electronic transfers. Concludes with...

An inside view of the forces which shaped SEPA and the PSD written from the unique perspective of someone closely involved throughout the process. It uncovers the strategic, legal and practical implications of the full harmonization agenda and provides an assessment of where these initiatives...

This open access book tells the story of how Sweden is becoming a virtually cashless society. Its goal is to improve readers’ understanding of what is driving this transition, and of the factors that are fostering and hampering it. In doing so, the book covers the role of central banks,...

The European payment market has undergone rapid transformation in recent years due to changes in payment habits, new business rules and new legal frameworks and regulation. There has also been an advent of new technologies and payment solutions which has altered the European payments landscape...

Regulatorische Rahmenbedingungen des EU-Zahlungsverkehrs -- Die Payment Service Directive (PSD I und PSD II) -- Single Euro Payments Area – Definition und Instrumente -- Die Abgrenzung zwischen PSD und SEPA -- Aktueller Status der PSD- und SEPA-Umsetzung -- Die Organe der PSD- und...

This book has been written as a practical guide for finance markets professionals to explain US monetary policy and to make forecasts of future interest rate levels. Aimed at market players, familiar with US policy instruments, Explaining and Forecasting the US Federal Funds Rates will provide a...

This book offers a comprehensive analysis of the ways that politics and financial markets impact one another. In this relationship, politics is the ultimate controlling force. The kinds and prices of financial instruments that get traded and the individuals and institutions that get to trade...

Aufgrund seiner Komplexität lässt sich zum Bereich des Geld- und Kreditwesens nur interdisziplinär ein adäquater Zugang finden. Durch einen Blick über die eigenen Fachgrenzen hinaus, die Zusammenschau verschiedener Disziplinen und Perspektiven, konnte der Bogen, von der antiken...