1. Basics of payment systems -- 2. Classifications of payment system -- 3. Settlement risk -- 4. DTNS system and RTGS system -- 5. Hybrid system and integrated system -- 6. Evolutionary trends of payment systems -- 7. Driving forces for innovations in payment systems -- 8. Critical issues on payment systems -- 9. Payment systems in US -- 10. Payment systems in EU -- 11. Payment systems in Japan -- 12. CLS Bank
Summary
"This book analyzes the evolutionary trends, functions and mechanisms of payment systems and presents an in-depth explanation of how these trends led to the reduction of settlement risk and the importance of such mechanisms that have contributed to the evolutionary progress of payment systems"--Provided by publisher