Journal Article
Points to consider when financing REITs
Decker, Paul A.; Lemieux, Catharine (1999-06)
Emerging Issues , Issue Jun

Journal Article
Impact of independent directors and the regulatory environment on merger prices and motivation: evidence from large bank mergers in the 1990s
Brewer, Elijah; Jackson, William E.; Jagtiani, Julapa (2000-12)
Emerging Issues , Issue Dec

Journal Article
Questions every banker would like to ask about private banking and their answers
Atz, Michael (1999-05)
Emerging Issues , Issue May

Journal Article
Weighting for risk
Frye, Jon (2001-04)
Emerging Issues , Issue Apr

Journal Article
Why invest in payment innovations?
Kobor, Emery; Chakravorti, Sujit (2003-06)
In this paper, we provide a framework to study the creation and adoption of innovations by payment providers and processors. We identify several motivating factors for banks and nonbanks to invest in payment innovations. In addition, we discuss the evolutionary process of payment innovations from inception to commoditization recognizing that innovations differ in the time necessary to evolve from proprietary technology to commodization and some may never evolve completely. Finally, we consider a snapshot of payment innovations at different stages of development. We compare proprietary versus ...
Emerging Issues , Issue Jun

Journal Article
Electronic bill payment and presentment: a primer
Spiotto, Ann H. (2001-12)
Electronic bill payment and presentment (EBPP) services are a core component of many financial institutions' on-line banking offerings. This paper discusses the laws (state and federal), regulations, and regulatory guidance generally applicable to EBPP services offered through financial institutions. Particular emphasis is given to (i) the Electronic Fund Transfer Act and Regulation E (including provisions relevant to dispute resolution, liability for unauthorized transactions, and electronic disclosure) and (ii) regulatory guidance with respect to outsourcing arrangements in connection with ...
Emerging Issues , Issue Dec

Journal Article
A legal analysis of a banking industry online identity and attribute authentication service for consumers and merchants
Gram, William (2000-09)
This is a legal and risk analysis of an online identity and attribute authentication service developed by the Financial Agent Source Transaction (FAST) initiative of the Financial Service Technology Consortium (FSTC). The FSTC is a not-for-profit group organized to enhance the competitiveness of the financial services industry. Members include banks, financial services providers, research laboratories, universities, technology companies and government agencies. FSTC sponsors project-oriented, collaborative research and development on inter-bank technical projects affecting the financial ...
Emerging Issues , Issue Sep

Journal Article
Market discipline prior to failure
Lemieux, Catharine; Jagtiani, Julapa (2000-09)
This paper examines pricing behavior for bonds issued by bank holding companies in the period prior to failure of their bank subsidiaries. The results indicate that bond prices are related to the financial condition of the issuing bank holding companies, and that bonds spreads start rising as early as six quarters prior to failure as the issuing firm's financial condition and credit rating deteriorate. Strong market discipline exists during the critical period -- bond spreads for troubled banking organizations are many times those of healthy ones. Our results suggests that bond spreads could ...
Emerging Issues , Issue Sep

Journal Article
Stumbling blocks to increasing market discipline in the banking sector: a note on bond pricing and funding strategy prior to failure
Lemieux, Catharine; Jagtiani, Julapa (1999-09)
Emerging Issues , Issue Sep

Journal Article
Collateral damage detected
Frye, Jon (2000-09)
Emerging Issues , Issue Sep