Report NEP-PAY-2025-07-28

This is the archive for NEP-PAY, a report on new working papers in the area of Payment Systems and Financial Technology. Bernardo Bátiz-Lazo issued this report. It is usually issued weekly.

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Other reports in NEP-PAY

The following items were announced in this report:

• Khalid Lahrour & Latifa Horr, 2025. "Exploring the impact of fintech on financial inclusion: Literature review [Explorer l'impact de la fintech sur l'inclusion financière : Revue de littérature]," Post-Print hal-05137071, HAL.
• Sriram Darbha & Cyrus Minwalla & Rakesh Arora & Dinesh Shah, 2025. "A Retail CBDC Design for Basic Payments: Feasibility Study," Discussion Papers 2025-09, Bank of Canada.
• Myles, Jamieson, 2025. "Elastic Infrastructure: A Historical Perspective on Credit in Global Correspondent Banking and the Cross-Border Payments System," Working Papers unige:186604, University of Geneva, Paul Bairoch Institute of Economic History.
• Hongzhe Wen & Songbai Li & Jamie Zhang, 2025. "Hybrid Monetary Ecosystems: Integrating Stablecoins and Fiat in the Future of Currency Systems," Papers 2505.10997, arXiv.org, revised Jun 2025.
• Rachid Maghniwi & Mustapha Oukassi, 2025. "Fintech, retail banking and Artificial Intelligence: Analysis of challenges and opportunities for Moroccan banks [Fintech, services bancaires aux particuliers et Intelligence Artificielle : Analyse," Post-Print hal-05145200, HAL.
• Éric Darmon & Thomas Le Texier & Zhiwen Li & Thierry Pénard, 2025. "Multimarket contact, cross-market externalities and platform competition," Post-Print hal-05107385, HAL.
• Byoung Hwa Hwang, 2025. "Pay-by-Bank and the Merchant Payments Use Case: Benefits, risks and potential impacts on consumer payment behaviors in the U.S," FEDS Notes 2025-07-07-2, Board of Governors of the Federal Reserve System (U.S.).
• Michael S. Barr, 2025. "Expanding Financial Inclusion: A speech at Unleashing a Financially Inclusive Future," the second annual Financial Inclusion Conference hosted by the Federal Reserve Board, Washington, D.C., July," Speech 101312, Board of Governors of the Federal Reserve System (U.S.).
• Pietro Saggese & Michael Frowis & Stefan Kitzler & Bernhard Haslhofer & Raphael Auer, 2025. "Towards Verifiability of Total Value Locked (TVL) in Decentralized Finance," Papers 2505.14565, arXiv.org.
• Sabrina Aufiero & Antonio Briola & Tesfaye Salarin & Fabio Caccioli & Silvia Bartolucci & Tomaso Aste, 2025. "Cryptocurrencies in the Balance Sheet: Insights from (Micro)Strategy -- Bitcoin Interactions," Papers 2505.14655, arXiv.org.
• Tunç, Murat & Cavusoglu, Hasan & Zheng, Zhiqiang (Eric), 2024. "Resale royalty in non-fungible token marketplaces: Blessing or burden for creators and platforms?," Other publications TiSEM 5a43b90c-1d93-4c4e-a76b-b, Tilburg University, School of Economics and Management.
• Davide Consoli & Francesco Lelli & Sandro Montresor & Francois Perruchas & Francesco Rentocchini, 2025. "Moneytalks. the role of (spatial and digital) proximity in the VC financing of green start-ups," Papers in Evolutionary Economic Geography (PEEG) 2521, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Jul 2025.
• Ilyas Ahnach & Said Tounsi, 2025. "La Technologie Blockchain Et La Resilience Du Marche Financier : Etude D'Impact Et De Relation, Cas De La Bourse De Casablanca," Post-Print hal-05135043, HAL.
• Michelle W. Bowman, 2025. "Welcoming Remarks: A speech at Unleashing a Financially Inclusive Future," the second annual Financial Inclusion Conference hosted by the Federal Reserve Board, Washington, D.C. (via prerecorded ," Speech 101311, Board of Governors of the Federal Reserve System (U.S.).
• Laura Felber, 2025. "Exchange rates and cross-border consumer spending: Evidence from retail payments data," Working Papers 2025-09, Swiss National Bank.
• Accominotti, Olivier & Lucena-Piquero, Delio & Ugolini, Stefano, 2023. "Intermediaries’ substitutability and financial network resilience: a hyperstructure approach," LSE Research Online Documents on Economics 119896, London School of Economics and Political Science, LSE Library.
• Lennart Ante & Aman Saggu & Ingo Fiedler, 2025. "The Stablecoin Discount: Evidence of Tether's U.S. Treasury Bill Market Share in Lowering Yields," Papers 2505.12413, arXiv.org.
• Erin E. Syron Ferris & Amy Rose & Manjola Tase, 2025. "What can public Fedwire payments data tell us about ample reserves?," FEDS Notes 2025-07-18-3, Board of Governors of the Federal Reserve System (U.S.).
• Cameron Cornell & Lewis Mitchell & Matthew Roughan, 2025. "Hierarchical Representations for Evolving Acyclic Vector Autoregressions (HEAVe)," Papers 2505.12806, arXiv.org.
• Vincent Gobin, 2025. "La disqualification monétaire des crypto-actifs : Une accusation récusée par l'Histoire," Post-Print hal-05158065, HAL.