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Forces shaping the payments environment: a summary of the Chicago Fed’s 2005 Payments Conference


Abstract: Three main forces?innovations, incentives, and regulation?have affected the migration to more efficient payment mechanisms. Though several payment alternatives have been introduced recently, many have not been widely adopted. The Chicago Fed held a conference to explore why certain payment innovations have been more successful than others.

Keywords: Payment systems;

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Provider: Federal Reserve Bank of Chicago

Part of Series: Chicago Fed Letter

Publication Date: 2005

Issue: Oct

Order Number: 219a