Privacy Provision, Payment Latency, and Role of Collateral /

The new boundary between publicly and privately provided payments systems and the role of collateral may be changing. Recent technological developments have made it feasible for markets and policymakers to contemplate abolishing physical cash, and replacing it with electronic alternatives like digit...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Kahn, Charles
अन्य लेखक: Long, Caitlin, Singh, Manmohan
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2020.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2020/148
ऑनलाइन पहुंच:Full text available on IMF
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245 1 0 |a Privacy Provision, Payment Latency, and Role of Collateral /  |c Charles Kahn, Caitlin Long, Manmohan Singh. 
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490 1 |a IMF Working Papers 
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520 3 |a The new boundary between publicly and privately provided payments systems and the role of collateral may be changing. Recent technological developments have made it feasible for markets and policymakers to contemplate abolishing physical cash, and replacing it with electronic alternatives like digital tokens. This paper focuses on two concepts: (i) privacy provision that results in increased awareness of and concern with problems of privacy in payments systems; and (ii) payment latency, and how the new fintech world is likely to result in reduced counterparty and interest rate risk for corporate treasurer. The paper ties these issues from the lens of collateral, especially the analogy of collateral reuse and digital tokens. 
538 |a Mode of access: Internet 
700 1 |a Long, Caitlin. 
700 1 |a Singh, Manmohan. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2020/148 
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