The Rise of Payment and Contracting Platforms

The Rise of Payment and Contracting Platforms
Author :
Publisher : International Monetary Fund
Total Pages : 24
Release :
ISBN-10 : 9798400245749
ISBN-13 :
Rating : 4/5 (49 Downloads)

Book Synopsis The Rise of Payment and Contracting Platforms by : Mr. Tobias Adrian

Download or read book The Rise of Payment and Contracting Platforms written by Mr. Tobias Adrian and published by International Monetary Fund. This book was released on 2023-06-19 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Note explores the design and governance of platforms to enhance cross-border payments in line with public policy goals. While much innovation in recent years has more narrowly targeted end-user frictions, the vision in this paper is based on the mandate of the IMF, governed by the central banks and finance ministries of 190 member countries. Cross-border payments present the foundation for the global financial system, and its functioning is overseen by the IMF.


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