Tracked shipping to South Africa with premium packaging for just R199 

Ship to
South Africa
0
  • argentina
  • chile
  • colombia
  • españa
  • méxico
  • perú
  • estados unidos
  • internacional

Select your country

Americas

Europe

Rest of the world

portada Introduction to Payments and Financial Market Infrastructures
Type
Physical Book
Publisher
Language
English
Pages
155
Format
Hardcover
Dimensions
23.4 x 15.6 x 1.1 cm
Weight
0.41 kg.
ISBN13
9783031395192

Introduction to Payments and Financial Market Infrastructures

Ulrich Bindseil (Author) · George Pantelopoulos (Author) · Springer · Hardcover

Introduction to Payments and Financial Market Infrastructures - Bindseil, Ulrich ; Pantelopoulos, George

Cheaper New Book Imported to South Africa
Delivery: 14 Aug - 27 Aug Shipping: 13 to 17 business days.
R 1,790
Faster New Book Imported to South Africa
Delivery: 04 Aug - 12 Aug Shipping: 5 to 6 business days.
R 2,168
R 1,790

Synopsis "Introduction to Payments and Financial Market Infrastructures"

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.

Customers reviews

Frequently Asked Questions about the Book

All books in our catalog are Original.
The book is written in English.
The binding of this edition is Hardcover.

Questions and Answers about the Book

Do you have a question about the book? Login to be able to add your own question.

Opinions about Bookdelivery

More customer reviews