Search Results

Showing results 1 to 10 of approximately 39.

(refine search)
SORT BY: PREVIOUS / NEXT
Keywords:Payments 

Speech
New perspectives on consumer behavior in credit and payments markets

Welcome Remarks Before the Eighth Biennial Research Conference Co-organized by the Research Department and Payment Cards Center
Speech , Paper 111

Working Paper
Chargebacks: another payment card acceptance cost for merchants

Although chargebacks are perceived as one of the major cost components for merchants to accept card payments, little research has been conducted on them. To fill that gap, this paper describes the current chargeback landscape by generating detailed statistics on chargebacks for signature-based transactions. Our data are from merchant processors, which, altogether, processed more than 20 percent of all signature-based transactions in the United States. For Visa and MasterCard transactions, chargebacks merchants receive are, on average, 1.6 basis points (bps) of sales number and 6.5 bps of ...
Research Working Paper , Paper RWP 16-1

Briefing
Payments System Research: Our 2020 Vision

In this year’s first Payments System Research Briefing, senior vice president Susan Zubradt reflects on the evolution of retail payments and what lies ahead for the KC Fed’s Payments System Research group.
Payments System Research Briefing

Briefing
How the COVID-19 Pandemic May Reshape the Digital Payments Landscape

Despite an increase in payments made via online or mobile channels in recent years, many consumers have not yet adopted digital payments. The COVID-19 pandemic may be shifting more consumers toward digital payments, along with industry and legislative initiatives designed to facilitate broader access.
Payments System Research Briefing

Journal Article
New perspectives on consumer behavior in credit and payments markets

Mitchell Berlin summarizes new research on household finance presented at a joint conference sponsored by the Federal Reserve Bank of Philadelphia's Research Department and Payment Cards Center.
Business Review , Issue 1 , Pages 25-30

What Types of Customer Data Do Fintech Firms Use?

Beyond cash flow and credit scores, technology-driven lenders have also looked at social media activity and phone ownership.
On the Economy

Briefing
Promoting Payment Inclusion in the United States

In recent decades, entities in both the public and private sectors have worked to promote payment inclusion in the United States, whether by expanding the supply of transaction accounts or boosting consumer demand for them. However, more research and data collection are needed to better define and measure payment inclusion as well as evaluate how effective efforts have been to improve it.
Payments System Research Briefing , Issue October 7, 2022 , Pages 10

Briefing
Data Aggregators: The Connective Tissue for Open Banking

Open banking, which allows third-party financial apps to access consumer financial data electronically andsecurely, relies on data aggregators to establish connections with consumers’ financial institutions and extract consumer data. Data aggregators are critical to enhancing consumer financial services and increasing competition—both among financial service providers and across payment methods. However, their role raises some concerns related to data security, data privacy, and competition.
Payments System Research Briefing , Issue August 24, 2022 , Pages 6

Journal Article
Mobile Banking Use and Consumer Readiness to Benefit from Faster Payments

The U.S. payments industry is currently implementing faster payments that will enable consumers and businesses to send and receive payments almost instantly at any time of day, any day of the year. Mobile banking in particular may allow consumers to realize the full benefits of faster payments. As a result, a consumer’s use of mobile banking is a good indicator of their readiness to benefit from faster payments.Fumiko Hayashi and Ying Lei Toh examine which consumer characteristics are associated with mobile banking use as well as what other factors may influence consumer readiness. They ...
Economic Review , Volume 105 , Issue no.1 , Pages 5

Newsletter
What Are the Consequences of Missed Payments on Consumer Debts?

In order to understand better how the unfolding economic crisis is likely to affect U.S. households, this Chicago Fed Letter looks at what happens when borrowers miss debt payments and how long it takes for them to face a severe adverse consequence, such as foreclosure, wage garnishment, or repossession.
Chicago Fed Letter , Issue 437

FILTER BY year

FILTER BY Content Type

Briefing 21 items

Journal Article 6 items

Working Paper 6 items

Discussion Paper 1 items

Newsletter 1 items

Speech 1 items

show more (1)

FILTER BY Author

FILTER BY Jel Classification

E42 9 items

G21 7 items

E58 4 items

G23 4 items

G20 3 items

A10 1 items

show more (9)

FILTER BY Keywords

Payments 39 items

COVID-19 5 items

Fintech 5 items

Pandemic 4 items

Unbanked 4 items

Central Bank Digital Currency 3 items

show more (74)

PREVIOUS / NEXT