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Network vulnerabilities and risks in the retail payment system

Catharine Lemieux

Emerging Issues, 2003

Abstract: Changes in retail payments technology will impact the operational risk of commercial banks. This study provides a more in-depth discussion of the ramifications these changes have for bank supervision and policy makers. In addition to operational risk concerns identified by previous researchers, this paper identifies network vulnerabilities as a potential resiliency concern.

Keywords: Payment systems; Bank supervision (search for similar items in EconPapers)
Date: 2003
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