Banking and Payments Research
Research staff analyze domestic and international payments systems as well as the banking industry.
Recent Articles
Why Do Net Interest Margins Behave Differently across Banks as Interest Rates Rise?
Banks with declining net interest margins during the 2022–23 tightening cycle were more reliant on capital market funding.
Core Banking Systems and Options for Modernization
Many depository institutions need to update their back-end IT “core systems” to offer modern banking services.
Interest Expenses on Farmland Debt Could Challenge Farm Profitability
Crop producers with high levels of land debt may struggle to be profitable under higher interest expenses.
A Regional Indicator of Commercial Real Estate Activity: The KC Fed CRE Index
The KC Fed CRE Index summarizes a variety of changes in regional CRE conditions with minimal lags.
Bank Deposit Rates Haven’t Kept Pace with Yields on Other Investments, but Depositors Are Staying
Spreads between bank deposit rates and yields on deposit substitutes are at historic highs.
Explaining the Life Cycle of Bank-Sponsored Money Market Funds
How banks and regulators react to each other helps explain how the money market fund industry has evolved.
Banking and Payments Resources
Payments Resources
Payments System Research Briefings
Our briefings cover payments methods, developments in payments networks, and various participants' roles in the payments system.
Payments System Research Working Papers
Our paper topics include payments methods, developments in payments networks and various participants' roles in the payments system.
Interchange Fees
An annual update of credit and debit card interchange fees in various countries, regulatory developments in the payment card markets, and trends in interchange fees assessed to U.S. merchants.
Payment Conferences Proceedings
Our international payments policy conferences focus on timely and important topics.
PDFGuide to ATM and Debit Card Industry - 2006 Update
This book is a 2006 update that documents industry trends and patterns and discusses their implications.
PDFGuide to ATM and Debit Card Industry
This book provides an overview of the history and development 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.
PDFNonbanks in the Payments System
This book examines nonbank participation of payments activities and the roles nonbanks play in specific transaction types.
Banking Resources
Small Business Lending Survey
Quarterly collection of quantitative and qualitative information that can be used to understand credit market conditions for bank lending to small businesses.
Bank Capital Analysis
The Bank Capital Analysis provides a horizontal comparison of capital adequacy among banking organizations with different risk profiles.