Journal Article
The changing patterns of payments in the United States
Abstract: President Anthony Santomero highlights the differences between U.S. and European payments infrastructure; discusses how the roots and evolution of the U.S. payments system differs from Europe?s; and outlines the likely path of the U.S. payment system and the Fed?s role in it. In the end, he observes, the two systems will look more alike, but they?ll get there from very different starting points.
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File(s): File format is application/pdf https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/business-review/2005/q3/Q3_05_Santomero.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of Philadelphia
Part of Series: Business Review
Publication Date: 2005
Issue: Q3
Pages: 1-8