Optimal design and ownership structures of innovative retail payment systems
In response to the Fintech trend, an ongoing debate in the banking industry is how to design the new-generation interbank retail payment and settlement system. We propose a two-stage analytical model that takes into account the value-risk tradeoff in the new payment system design, as well as banks’...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2019
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/sis_research/4696 https://ink.library.smu.edu.sg/context/sis_research/article/5699/viewcontent/Optimal_Design_and_Ownership_Structures_of_Innovative_Retail_pv.pdf |
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| Institution: | Singapore Management University |
| Language: | English |