Report NEP-PAY-2025-09-01

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:

• Ozili, Peterson K, 2025. "Digital financial inclusion research and developments around the world," MPRA Paper 125394, University Library of Munich, Germany.
• Iustina Alina Boitan & Thomas Paulovici, 0000. "Central Bank Digital Currencies and Financial Inclusion in Developing Economies: Opportunities, Challenges, and Lessons from Early Adopters," Proceedings of Economics and Finance Conferences 15116731, International Institute of Social and Economic Sciences.
• Chenghao Liu & Aniket Mahanti & Ranesh Naha & Guanghao Wang & Erwann Sbai, 2025. "Enhancing Cryptocurrency Sentiment Analysis with Multimodal Features," Papers 2508.15825, arXiv.org, revised Aug 2025.
• Sławomir Grzelczak & Ewa Balcerowicz, 2025. "BNPL: Buy Now Pay Later. Deferred Payment– An Established Idea Gaining Traction," mBank - CASE Seminar Proceedings 0180, CASE-Center for Social and Economic Research.
• Fascione, Luisa & Scheubel, Beatrice & Stracca, Livio & Wildmann, Nadya & Jacoubian, Juan Ignacio, 2025. "Mind the App: do European deposits react to digitalisation?," Working Paper Series 3092, European Central Bank.
• Christopher J. Waller, 2025. "Technological Advancements in Payments: A speech at the Wyoming Blockchain Symposium 2025, Teton Village, Wyoming., August 20, 2025," Speech 101449, Board of Governors of the Federal Reserve System (U.S.).
• Timothy Dombrowski & V. Carlos Slawson Jr, 2025. "The Feasibility of MBSs as Decentralized Autonomous Organizations," Papers 2507.05439, arXiv.org, revised Jul 2025.
• Michelle W. Bowman, 2025. "Embracing Innovation: A speech at the Wyoming Blockchain Symposium 2025, Teton Village, Wyoming., August 19, 2025," Speech 101443, Board of Governors of the Federal Reserve System (U.S.).
• Xinyu Li, 2025. "Mitigating Financial Frictions in Agriculture: A Framework for Stablecoin Adoption," Papers 2507.14970, arXiv.org.
• Grzegorz Dudek & Witold Orzeszko & Piotr Fiszeder, 2025. "Probabilistic Forecasting Cryptocurrencies Volatility: From Point to Quantile Forecasts," Papers 2508.15922, arXiv.org.
• Austin Kennedy, 2025. "Fiscal Spillovers through Informal Financial Channels," Papers 2508.06662, arXiv.org.
• Schubart, Constantin & Glaubert, Nele, 2025. "Ethische Verantwortung und digitale Sichtbarkeit von Sparkassen-Vorständen auf LinkedIn," IU Discussion Papers - Human Resources 9 (August 2025), IU International University of Applied Sciences.
• Kong, Ray Wai Man, 2025. "Real World Asset (RWA) Supply Chain for Smart Factory," SocArXiv 2wh5y_v1, Center for Open Science.
• Milan Pontiggia, 2025. "Scale-Dependent Multifractality in Bitcoin Realised Volatility: Implications for Rough Volatility Modelling," Papers 2507.00575, arXiv.org.
• Qizhao Chen, 2025. "Sentiment-Aware Mean-Variance Portfolio Optimization for Cryptocurrencies," Papers 2508.16378, arXiv.org.
• Ivan Letteri, 2025. "A Comparative Analysis of Statistical and Machine Learning Models for Outlier Detection in Bitcoin Limit Order Books," Papers 2507.14960, arXiv.org.
• Moïse, Randy Kambana, 2025. "Rent Without Access: The Resource Curse and Financial Exclusion in Extractive Economies," SocArXiv qpz6n_v1, Center for Open Science.
• Klarl, Torben & Kritikos, Alexander S. & Poghosyan, Knarik, 2025. "Complementary Funding: How Location Links Crowdfunding and Venture Capital," GLO Discussion Paper Series 1654, Global Labor Organization (GLO).
• Ozili, Peterson K, 2025. "Social finance: What is social about it," MPRA Paper 125396, University Library of Munich, Germany.
• Olivia Lu, 0000. "Assessing the Effectiveness of Bilateral Aid on Financial Access, Microfinance, and Economic Growth in Bangladesh, Rwanda, and Mozambique," Proceedings of Economics and Finance Conferences 15116716, International Institute of Social and Economic Sciences.
• Xue Dong He & Chen Yang & Yutian Zhou, 2025. "Arbitrage on Decentralized Exchanges," Papers 2507.08302, arXiv.org.
• Yueyi Wang & Qiyao Wei, 2025. "Event-Aware Sentiment Factors from LLM-Augmented Financial Tweets: A Transparent Framework for Interpretable Quant Trading," Papers 2508.07408, arXiv.org.
• Awolaja Ayodeji Muyideen & Ajayi Ibidolapo Ezekiel & Osasona Adedeji Viscker & Osasona Adedeji Viscker, 0000. "Managerial Efficiency And Profitability Of Deposit Money Banks In Nigeria," Proceedings of Economics and Finance Conferences 15116637, International Institute of Social and Economic Sciences.
• Ying Chen & Mingyi Li & Jiaming Mao & Jingyi Zhou, 2025. "Consumption Stimulus with Digital Coupons," Papers 2507.01365, arXiv.org.
• International Monetary Fund, 2025. "Canada: Financial Sector Assessment Program-Technical Note on Cyber Resilience of the Financial Sector," IMF Staff Country Reports 2025/231, International Monetary Fund.
• Alexander Hammerl & Georg Beyschlag, 2025. "Optimal Control of Reserve Asset Portfolios for Pegged Digital Currencies," Papers 2508.09429, arXiv.org.