Recent developments in the payment system

Allison Stinson and Michael Wolyncewicz
Additional contact information
Michael Wolyncewicz: Reserve Bank of New Zealand

Reserve Bank of New Zealand Bulletin, 2003, vol. 66, No 1

Abstract: Payment systems have attracted increasing interest in recent years. They provide important linkages between different parts of the financial sector and support economic activity more generally. The weaknesses and risks in a payment system, however, can also pose a threat to financial stability. Accordingly, international and national initiatives to strengthen financial infrastructures have included the payment and settlement `plumbing' of the financial system. This article outlines key developments occurring internationally and domestically in the payment system arena, including measures affecting the Bank's operational and oversight activities.

Date: 2003
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.rbnz.govt.nz/-/media/ReserveBank/Files/ ... insonwolyncewicz.pdf (application/pdf)

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:nzb:nzbbul:march2003:3

Access Statistics for this article

More articles in Reserve Bank of New Zealand Bulletin from Reserve Bank of New Zealand Contact information at EDIRC.
Bibliographic data for series maintained by Reserve Bank of New Zealand Knowledge Centre ().