Payment systems trends in Japan: Birth of the next generation BOJ-NET

Eiichiro Yanagawa
Additional contact information
Eiichiro Yanagawa: Senior Analyst in the Asian Financial Services Group, Celent, The Imperial Hotel Tower 13F 1-1-1 Uchisaiwai-cho, Chiyoda-ku, Tokyo 100-0011, Japan

Journal of Payments Strategy & Systems, 2014, vol. 8, issue 2, 172-187

Abstract: The computerised backbone of Japan’s payment and settlement system, the Bank of Japan Financial Network System (BOJ-NET), is undergoing an upgrade. Over the past decade, the system has added functions and undergone enhancements, but these pale next to this ambitious system overhaul, which promises to have an enormous impact on both systems and operations for financial institutions. This paper considers BOJ-NET, the heart of the nation’s payment system, and analyses the evolution of this payment service and the nation’s payment system.

Keywords: financial market infrastructure; Bank of Japan Financial Network System; real-time gross settlement; designated-time net settlement; delivery versus payment; Straight-Through Processing (search for similar items in EconPapers)
JEL-codes: E5 G2 (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hstalks.com/article/1500/download/ (application/pdf)
https://hstalks.com/article/1500/ (text/html)
Requires a paid subscription for full access.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aza:jpss00:y:2014:v:8:i:2:p:172-187

Access Statistics for this article

More articles in Journal of Payments Strategy & Systems from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().