Payments System Research Briefings
Recent Briefings
Inclusion by Design: Crafting a Central Bank Digital Currency to Reach All Americans
One motivation for a central bank digital currency (CBDC) is financial inclusion—bringing unbanked Americans into the payments...
Remote Card Payment Fraud: Trends and Measures Taken in Australia, France, and the United Kingdom
Australia, France, and the United Kingdom have successfully reduced remote card payment fraud rates in recent years. In each...
In the Nick of Time: The Rise of Earned Wage Access
Fintech programs that provide employees access to earned wages ahead of payday have gained popularity during the COVID-19...
Neobanks: Banks by Any Other Name?
Neobanks, or digital banks, are bank-like providers of financial services that operate through apps and aim to appeal to...
Motives Matter: Examining Potential Tension in Central Bank Digital Currency Designs
As a new central bank liability, central bank digital currency (CBDC) has the potential to address various issues within...
Developments of QR Code-Based Mobile Payments in East Asia
Initiatives facilitating QR code-based mobile payments in Japan, Singapore, and Hong Kong may address some pain points of...