Banking and Payments Research

Research staff analyze domestic and international payments systems as well as the banking industry.

Recent Articles

Research Working Paper
Rethinking Central Bank LSAPs: The Power of Market Functioning Purchases

New research shows how operationally similar central bank asset purchases can have markedly different effects.

Research Working Paper | Banking and Finance | Monetary Policy
Payments System Research Briefing
Are U.S. Consumers Ready to Use Pay-by-Bank at the Point of Sale?

Data suggest that consumers have the technology and know-how to use Pay-by-Bank at physical points of sale.

Payments System Research Briefing | Payments | Banking and Finance
Economic Review
The Potential Effects of Rent Reporting on the Credit Scores of U.S. Renters

Including rent payments in credit scoring could affect the credit scores of a sizeable share of U.S. renters.

Economic Review | Banking and Finance | Payments | Housing
Economic Bulletin
2026 “Future of Banking” Conference Explores Implications of Technological Change

At the third annual “Future of Banking” Conference, community bankers discussed how technology is changing the industry.

Economic Bulletin | Banking and Finance | Payments | AI | Community Banking
Economic Review
Determinants of De Novo Bank Formation

Technological changes appear to have primarily driven the recent decline in the formation of new banks.

Economic Review | Banking and Finance
Payments System Research Briefing
What Are Stablecoins Used for Today? Estimating the Distribution of Stablecoins

Estimating where stablecoins are held and how they are used offers key insights into the stablecoin ecosystem.

Payments System Research Briefing | Payments | Banking and Finance
More research articles