Banking and Payments Research

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

Recent Articles

Economic Bulletin

Are Firms Hoarding Cash Post-Pandemic?

Firms are holding more cash now than before the pandemic, but their reasons for holding it remain the same.

Payments System Research Briefing

As Earned Wage Access Grows, Oversight Tries to Catch Up

The growing popularity of earned wage access services has raised concerns for consumers, with some states beginning to respond.

Payments System Research Briefing

The Role of Core Banking Services Providers in Facilitating Instant Payments

Depository institutions rely on core services providers for support in key areas to implement instant payments.

Economic Bulletin

Banks’ Commercial Real Estate Risks Are Uneven

CRE risks can vary substantially across property types and geographic locations.

Payments System Research Briefing

Observations from the Retail CBDCs of the Caribbean

The retail CBDCs launched in the Caribbean are not yet widely used but may offer insight on rCBDC adoption.

Payments System Research Briefing

Market Structure of Core Banking Services Providers

Three core providers dominate the market for core banking systems, which may affect banks’ ability to offer new services.