IDEAS home Printed from https://ideas.repec.org/b/bis/bisbps/07.html
   My bibliography  Save this book

Electronic finance: a new perspective and challenges

Author

Listed:
  • Bank for International Settlements

Abstract

A workshop on electronic finance was convened by the BIS on 2-3 July 2001. The internet and related technology has begun to have a profound effect on how financial services are delivered. Discussion about e-finance is widespread within the financial community, covering both its potential to improve efficiency but also possible challenges it poses to financial and monetary stability. Rapid innovation and the paucity of reliable data are creating considerable uncertainty about the nature and size of these challenges. The workshop brought together a diverse group of experts (listed on pages iii-vi) from a range of economies, backgrounds and sectors; including practitioners, academics and central bankers. It focused on current and potential changes in trading systems and exchanges, payment systems and financial institutions. This volume starts with an overview based on the presentations given during the workshop, some of which are also included in the volume, and the ensuing discussions. The individual papers cover, inter alia, trading in wholesale financial markets, emerging competition in the payment system and the progress of virtual banks. Implications for financial supervision and monetary policy are also specifically addressed in separate papers. As there are a plethora of technical terms associated with the subject, a glossary is included at the end of this volume.

Suggested Citation

  • Bank for International Settlements, 2001. "Electronic finance: a new perspective and challenges," BIS Papers, Bank for International Settlements, number 07.
  • Handle: RePEc:bis:bisbps:07
    as

    Download full text from publisher

    File URL: http://www.bis.org/publ/bppdf/bispap07.pdf
    File Function: Full PDF document
    Download Restriction: no

    File URL: http://www.bis.org/publ/bppdf/bispap07.htm
    Download Restriction: no

    References listed on IDEAS

    as
    1. Benjamin M. Friedman, 1999. "The Future of Monetary Policy: The Central Bank as an Army With Only a Signal Corps," NBER Working Papers 7420, National Bureau of Economic Research, Inc.
    2. Berentsen, Aleksander, 1998. "Monetary Policy Implications of Digital Money," Kyklos, Wiley Blackwell, vol. 51(1), pages 89-117.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Marvin Barth & Eli Remolona & Philip Wooldridge, 2002. "Changes in market functioning and central bank policy: an overview of the issues," BIS Papers chapters,in: Bank for International Settlements (ed.), Market functioning and central bank policy, volume 12, pages 1-24 Bank for International Settlements.
    2. Dobieslaw Tymoczko, 2005. "The Future of Central Banking in the Changing Financial Environment," NBP Working Papers 33, Narodowy Bank Polski, Economic Research Department.
    3. Marco Arnone & Luca Bandiera, 2004. "Monetary Policy, Monetary Areas, and Financial Development with Electronic Money," IMF Working Papers 04/122, International Monetary Fund.
    4. Glaesnner, Thomas G. & Kantur, Zeynep, 2004. "Two case studies on electronic distribution of government securities: the U.S. Treasury Direct System and the Philippine Expanded Small Investors Program," Policy Research Working Paper Series 3372, The World Bank.

    More about this item

    Book Chapters

    The following chapters of this book are listed in IDEAS

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bis:bisbps:07. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christian Beslmeisl). General contact details of provider: http://edirc.repec.org/data/bisssch.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.