Cart
Free Shipping in the UK
Proud to be B-Corp

Payment Systems D. Rambure

Payment Systems By D. Rambure

Payment Systems by D. Rambure


Summary

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 the future of the payments business.

Payment Systems Summary

Payment Systems: From the Salt Mines to the Board Room by D. Rambure

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 the future of the payments business.

About D. Rambure

DOMINIQUE RAMBURE, A former banker (Citibank, Credit Lyonnais among others) lectures at Paris I University on payment systems and finance in China. He is Honorary Chairman of the Euro Banking Association, the first clearing system in the European currency. As consultant to the World Bank and the European Commission, he has been involved in the transition of financial systems in Eastern Europe and Russia.

ALEC NACAMULI is Global Payments Executive at IBM. He was previously a member of the Executive Committee at SWIFT which he joined at its inception, where he led its geographical expansion and opening to the securities industry and value-added services. He is the editor of the Journal of Payments Strategy and Systems.

Table of Contents

Introduction PART I: THE STRUCTURE AND ECONOMICS OF PAYMENT SYSTEMS Chapter 1: The Architecture of Payment Systems Introduction and Basic Concepts Participants in a Payment System Payment Operations Standards Efficiency Criteria for Payment Systems Chapter 2: Payment Instruments Characteristics of Payment Instruments Cash Cheques Credit Transfers Direct Debits Cards Payment Channels Statistics and Comparative Trends Chapter 3: Cross-currency Payments and SWIFT Correspondent Banking The SWIFT Network The Correspondent Banking and Clearing Business Remittances Chapter 4: Risks in Payment Systems, Oversight and Security Analysis of Risks in Payment Systems Risk Management Regulatory Oversight Fraud Prevention and Security Chapter 5: 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 Chapter 6: 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 Chapter 7: 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 Chapter 8: Major Asian Payment Systems Payment and Securities Settlement Systems in Japan Payment and Securities Settlement Systems in China and Hong Kong SAR Chapter 9: 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 Chapter 10: The Settlement of Foreign Exchange Trades and CLS The Settlement of Foreign Exchange Trades and Settlement Risk CLS Chapter 11: Securities Settlement Securities Clearing and Settlement Risks in Securities 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 Chapter 12: The Requirements of Corporations The Role of the Treasury Department Electronic Invoicing Supply Chain Finance (SCF) Chapter 13: 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 Chapter 14: The Banks' Back Offices Payment Processing and STP Departments Involved Operations IT Systems Chapter 15: Payments as a Business 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 Chapter 16: 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 New Entrants Operations Revenue Shifts and Reduction Conclusion Appendix 1: Comparison between Large-value Payment Systems Commonly Used Abbreviations and Acronyms Glossary Bibliography and Useful Websites References Index

Additional information

NPB9780230202504
9780230202504
0230202500
Payment Systems: From the Salt Mines to the Board Room by D. Rambure
New
Hardback
Palgrave Macmillan
2008-09-17
235
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a new book - be the first to read this copy. With untouched pages and a perfect binding, your brand new copy is ready to be opened for the first time

Customer Reviews - Payment Systems