The Rise of Payment and Contracting Platforms
This Note explores the design and governance of platforms to enhance cross-border payments in line with public policy goals. While much innovation in recent years has more narrowly targeted end-user frictions, the vision in this paper is based on the mandate of the IMF, governed by the central banks...
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Format: | eBook |
Language: | English |
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Washington, D.C.
International Monetary Fund
2023
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Series: | Fintech Notes
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Collection: | International Monetary Fund - Collection details see MPG.ReNa |
Summary: | This Note explores the design and governance of platforms to enhance cross-border payments in line with public policy goals. While much innovation in recent years has more narrowly targeted end-user frictions, the vision in this paper is based on the mandate of the IMF, governed by the central banks and finance ministries of 190 member countries. Cross-border payments present the foundation for the global financial system, and its functioning is overseen by the IMF. |
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Physical Description: | 24 pages |
ISBN: | 9798400245749 |