Innovations in Payments
- Instant Payments
- DLT/Block Chain Technology
- Cross Border Payments
- Non Bank Credit Providers
- Non Bank Payment Providers
- Mobile Technology
- POS Technology
- Digital Cashless Payments
- Regional RTGS Systems
- China CIPS
Since my last posts on the subject, several new studies have been published. Please see the references below.
At a rapid pace changes are taking place in payments systems and technology.
Innovative use of block chain and Distributed Ledgers Technology are creating new opportunties.
Emergence of Non bank or Payment Banks is another innovation. India has approved several payment banks. Such as PayTM.
In retail payments, fast Immediate real time payments are a reality now.
Innovations in Cross Border payments are another trend. Services like XOOM from Paypal is an example of such an innovation.
Regional Economic Integration is taking place through adaptation of Regional RTGS systems.
Please see my related posts
Key Sources of Research