Download or read book Competing Technologies for Payments Automated Teller Machines ATMs Point of Sale POS Terminals and the Demand for Currency written by and published by Fundacion BBVA. This book was released on with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Competing Technologies for Payments written by Santiago Carbó Valverde and published by . This book was released on 2009 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book ATMs vs POS Terminals written by Santiago Carbo-Valverde and published by . This book was released on 2012 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the adoption, diffusion and interaction patterns of the widely observed expansion of ATM and point-of-sale (POS) devices in the banking industry. POS (debit and credit) card transactions are considered as a main paradigm of a welfare-improving transition from cash to electronic-based payment instruments. This transition, however, is following a slow path in many developed countries which can be, at least partially, due to the over time overlapping of the objectives of banks in deploying ATMs (moving some front-desk activities away from branches) and POS devices (increasing the use of cards for purchase transactions). The results of various empirical tests in this paper suggest that the adoption and diffusion of ATMs and POS machines at banks is mostly driven by rival precedence, network effects and market power while demand factors do not seem to be significant. The growth of ATMs is found to negatively affect POS adoption which, in turn, suggests that the promotion of cards relative to cash is diminished by the co-existence and joint promotion of these two rival technologies. Additionally, we provide estimates of the effects of these technologies on the demand for currency. The results show that POS devices and higher POS transactions may reduce significantly the demand for currency and offset the negative effects that the deployment of ATMs and ATM use may have on the demand for currency.
Download or read book The The Determinants of International Financial Integration Revisited The Role of Networks and Geographic Neutrality written by and published by Fundacion BBVA. This book was released on with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Distance Puzzle Revisited A New Interpretation Based on Geographic Neutrality written by and published by Fundacion BBVA. This book was released on with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Simple and Efficient Parametric Conditional Test for the Pareto Law written by and published by Fundacion BBVA. This book was released on with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Education Utilitarianism and Equality of Opportunity written by Aitor Calo-Blanco and published by Fundacion BBVA. This book was released on 2009 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book European Integration and Inequality among Countries a Lifecycle income Analysis written by and published by Fundacion BBVA. This book was released on with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regulating Communication Technology written by William B. Trautman and published by . This book was released on 1989 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research establishes a framework for analyzing the regulation of evolving communication technologies with a case study of automated teller machines (ATMs). The high fixed cost of communication technology may provide a basis for regulatory intervention, because it may enable large firms to gain a competitive advantage over small firms; it may also lead to efficiency. The regulatory issue is whether laws should be enacted that give competing firms access to existing technology, thus protecting the market share of small firms and enabling them to compete more equitably with large firms. Mandatory-access laws can impose a cost on society, however, by slowing the diffusion of technology and postponing the benefits associated with new communication services. This research provides empirical evidence that communication services are differentiated to a varying degree by location, suggesting that product differentiation may be relevant to regulation of mandatory access. The study presents a logistics model of ATM adoption by commercial banks. The model shows that the degree to which banks are differentiated on the dimension of location is an important determinant of ATM adoption, and that characterizations of competition that do not incorporate a measure of differentiation are not as good at predicting ATM adoption.
Download or read book Financial Crisis Financial Integration and Economic Growth written by and published by Fundacion BBVA. This book was released on with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Making Government Work written by and published by DIANE Publishing. This book was released on 1993 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Paradigm shifts in Business Delivery Innovative Management Practices written by St martin Institute of Business Management and published by Archers & Elevators Publishing House. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Comprehensive Reform in the Financial Services Industry written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 1985 with total page 1002 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Ongoing Developments In Banking Financial Sector Volume 4 written by Editors : Raj Kapila & Uma Kapila and published by Academic Foundation. This book was released on 2000 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Central America written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-05-09 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intraregional financial activity in Central America has grown substantially in the past decade, contributing to efficiency and economic development. At the same time, the expansion of activities by regional conglomerates has increased the challenges to supervisory authorities of containing the risks of contagion. Prepared as part of the Central America Financial Sector Regional Project by an IMF and World Bank staff team, this book outlines trends in the region's financial sector integration, supervisory responses, development of the insurance sector, payment and securities settlement arrangements, and worker remittances. It addresses the many common policy challenges facing Central American countries--Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama--in financial sector reform. The book offers key policy recommendations.
Download or read book The Payment System written by Mr.Bruce J. Summers and published by International Monetary Fund. This book was released on 1994-12-15 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book makes a practical contribution to increased understanding of payment system design and management and of the relationship between the payment system and monetary policy. The authors of the twelve papers included in the book are central banking experts from around the world who draw on their experiences in providing technical assistance to the central banks of the countries of the former U.S.S.R.
Download or read book Effects of Information Technology on Financial Services Systems written by and published by DIANE Publishing. This book was released on 1985 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
