Report
Speed, Security, Efficiency: Improving the U.S. Payment System
Sapenaro, David A. (2014)
As the nation?s central bank, the Federal Reserve has a stake in ensuring that the payment system is functioning at its highest level. This year?s annual report examines a project the Fed is spearheading to improve the payment system. The essay is written by St. Louis Fed First Vice President David Sapenaro, who recently completed his responsibilities as the project?s interim payments strategy director.
Annual Report

Report
Mobile Payments Innovation
Benitez, David; Milchanowski, Mike (2014)
Mobile payment technology, or the ability to pay for goods and services via mobile phone, has experienced a rise in adoption and popularity in the past few years. Its rise stems from companies and consumers alike looking for new ways not only to make payments more accessible and convenient, but also to help decrease certain types of fraud.
Annual Report

Briefing
Banks Re-enter the P2P Payments Fray: With Mobile, Will this Time Be Different?
Bradford, Terri (2017-01)
Payments System Research Briefing

Briefing
Developments of QR Code-Based Mobile Payments in East Asia
Toh, Ying Lei; Bradford, Terri; Hayashi, Fumiko (2019-06-18)
Initiatives facilitating QR code-based mobile payments in Japan, Singapore, and Hong Kong may address some pain points of banks, nonbanks, and merchants, but whether they address consumers’ depends on factors such as fragmentation and overall digital commerce experience
Payments System Research Briefing

Faster Payments, More Disruptions
Monge-Naranjo, Alexander; Sun, Qiuhan (2020-06-04)
New payment technologies have transformed the banking system by increasing the efficiency and mechanisms to transfer funds. How will these innovations disrupt the banking system?
On the Economy