Payment system technologies and function innovations and developments /

• Main Author: Nakajima, Masashi, 1958-
• Corporate Author: IGI Global.
• Format: Electronic
• Language: English
• Published: Hershey, Pa. : IGI Global (701 E. Chocolate Avenue, Hershey, Pennsylvania, 17033, USA), c2011.
• Subjects: Check collection systems.; Electronic funds transfers.; Clearinghouses (Banking); Payment.; Payment systems; Classifications; Innovation; DTNS systems; RTGS systems; Evolutionary trends; Hybrid systems; Integrated systems; Legal issues; Operational reliability; Settlement risk
• Online Access: Chapter PDFs via platform:

"This book analyzes the evolutionary trends, functions and mechanisms of payment systems and presents an in-depth explanation of how these trends led to the reduction of settlement risk and the importance of such mechanisms that have contributed to the evolutionary progress of payment systems&q...

Table of Contents:

• 1. Basics of payment systems
• 2. Classifications of payment system
• 3. Settlement risk
• 4. DTNS system and RTGS system
• 5. Hybrid system and integrated system
• 6. Evolutionary trends of payment systems
• 7. Driving forces for innovations in payment systems
• 8. Critical issues on payment systems
• 9. Payment systems in US
• 10. Payment systems in EU
• 11. Payment systems in Japan
• 12. CLS Bank.