U.S. Payment System Policy Issues: Faster Payments and Innovation.

Autor: Cooper, Cheryl R., Labonte, Marc, Perkins, David W.
Předmět:
Zdroj: Congressional Research Service: Report; 9/23/2019, preceding p1-21, 24p
Abstrakt: The article examines technological innovation in payment systems generally and particular policy issues as a result of retail point of sale (PoS) payment innovation. It discusses wholesale payment, clearing, and settlement systems that send payment messages between banks and transfer funds, including the "real-time payments" service offered by the Federal Reserve. It also mentions payment systems are subject to federal consumer protection regulation under the Electronic Fund Transfer Act.
Databáze: Complementary Index