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Banking on Innovation: Modernisation of Payment Systems (Contributions to Economics)

Tanai Khiaonarong, Jonathan Liebena




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 |  2009-06-01 |  2009-06-01 | File type: PDF

||From the Back Cover||Innovation in banking should be directed at improving the infrastructure that fosters efficient financial services and international trade. In this work, innovation theory is used to show how modern payment systems have transformed the techn

Innovation in banking should be directed at improving the infrastructure that fosters efficient financial services and international trade. In this work, innovation theory is used to show how modern payment systems have transformed the technology of banking and facilitated changes in the strategy and structure of financial services organisations. Design, implementation and dissemination of payment systems are described and the analysis of their costs and benefits is c...

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