RESEARCH WORKING PAPERTo help private-sector faster payments systems achieve public policy goals of ubiquity, safety, and efficiency, the Federal Reserve could influence governance of the private-sector systems through its leadership role.
By Terri Bradford and Jesse Leigh Maniff
Payments System Research BriefingThis article considers how the upcoming shift from magnetic stripe to chip technology may affect the survival of card-based payment innovations.
By Michal Kowalik, Troy Davig, Charles S. Morris and Kristen Regehr
Economic Review Michal Kowalik, Troy Davig, Charles S. Morris, and Kristen Regehr analyze the financial characteristics of acquired community banks from 2011 to 2014.
By Geetesh Bhardwaj and Rajdeep Sengupta
Research Working Paper The performance of FICO scores as measures of borrowers' creditworthiness on subprime mortgage originations remains stable over time after controlling for other loan attributes and changes in economic conditions.
By Michal Kowalik
Research Working Paper Banks' reliance on risky securitized assets to manage liquidity leads to liquidity crunches in interbank lending markets.
By Rajdeep Sengupta and Eric W. Hogue
Economic Review Authors examine how a bank's riskiness and organizational structure affect its capital holdings.
Our working papers cover a range of topics, including types of payments methods, developments in payments networks, and various participants' roles in the payments system.
This book provides an overview of the history and developement of the ATM and debit card industry, details the mechanics of ATM and debit transactions, reviews trends in ATM and debit transaction volume and pricing, and discusses industry and public policy issues.