Report NEP-PAY-2026-02-02

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

Subscribe to this report: email, RSS, or Mastodon, or Bluesky.

Other reports in NEP-PAY

The following items were announced in this report:

• Romain Baeriswyl & Kene Boun My & Camille Cornand, 2026, "Central Bank Digital Currency and Gresham's law: An experimental analysis," Working Papers, Swiss National Bank, number 2026-03.
• Emilio Barucci & Andrea Gurgone & Giulia Iori & Michele Azzone, 2026, "Central Bank Digital Currency, Flight-to-Quality, and Bank-Runs in an Agent-Based Model," Working Papers, Department of Economics, University of Venice "Ca' Foscari", number 2026: 01.
• Joe Cannataci & Benjamin Fehrensen & Mikolai Gutschow & Ozgur Kesim & Bernd Lucke, 2026, "Digital Euro: Frequently Asked Questions Revisited," Papers, arXiv.org, number 2601.18644, Jan.
• Ashlesha Hota & Shashwat Kumar & Daman Deep Singh & Abolfazl Asudeh & Palash Dey & Abhijnan Chakraborty, 2025, "Fair Distribution of Digital Payments: Balancing Transaction Flows for Regulatory Compliance," Papers, arXiv.org, number 2601.02369, Nov.
• Orrenius, Johan, 2026, "What is the Value of Attention? Supply and Demand Estimation of Attention in a Mobile App Setting," Working Paper Series, Research Institute of Industrial Economics, number 1550, Jan.
• Bianca He & Lauren Mostrom & Amir Sufi, 2026, "FinTech and Customer Capital," NBER Working Papers, National Bureau of Economic Research, Inc, number 34710, Jan.
• Mr. Adolfo Barajas & Kensuke Sakamoto & Rasool Zandvakil, 2026, "Financial Inclusion, Credit Booms, and Financial Stability Risk," IMF Working Papers, International Monetary Fund, number 2026/008, Jan.
• Tingyi Lin, 2026, "A Blessing in Disguise: How DeFi Hacks Trigger Unintended Liquidity Injections into US Money Markets," Papers, arXiv.org, number 2601.08263, Jan, revised Jan 2026.
• Hamoon Soleimani, 2025, "An Examination of Bitcoin's Structural Shortcomings as Money: A Synthesis of Economic and Technical Critiques," Papers, arXiv.org, number 2512.07840, Nov.
• Matthew Brigida, 2026, "Crypto Pricing with Hidden Factors," Papers, arXiv.org, number 2601.07664, Jan.
• Khalid, Usman & Ali, Amjad & Audi, Marc, 2025, "Understanding Borrowing Behaviour in the EU: The Role of Mobile Payments, Financial Literacy, and Financial Access," MPRA Paper, University Library of Munich, Germany, number 127308.
• Rui Xu, 2026, "Fintech Competition and Banks’ Shrinking Margins in Brazil," IMF Working Papers, International Monetary Fund, number 2026/007, Jan.
• Hamoon Soleimani, 2025, "The Endogenous Constraint: Hysteresis, Stagflation, and the Structural Inhibition of Monetary Velocity in the Bitcoin Network (2016-2025)," Papers, arXiv.org, number 2512.07886, Nov.
• Shiyu Zhang & Zining Wang & Jin Zheng & John Cartlidge, 2026, "Systemic Risk in DeFi: A Network-Based Fragility Analysis of TVL Dynamics," Papers, arXiv.org, number 2601.08540, Jan.
• Cardoso, Eliana A., , "A Money Demand Equation for Brazil," Center for Latin American Development Studies Discussion Papers, Boston University, number 263594, DOI: 10.22004/ag.econ.263594.
• Ekleen Kaur, 2026, "The Limits of Lognormal: Assessing Cryptocurrency Volatility and VaR using Geometric Brownian Motion," Papers, arXiv.org, number 2601.14272, Jan.
• Naeem, Arslan, 2026, "Perceived Risk and Online Shopping Behaviour in Pakistan Evidence from a Post-COVID E-Commerce Context," SocArXiv, Center for Open Science, number bf3ze_v1, Jan, DOI: 10.31219/osf.io/bf3ze_v1.
• Bohan Zhang, 2025, "Platform Competition with User-Generated Content," Papers, arXiv.org, number 2512.08876, Dec.
• Bastien Baude & Vincent Danos & Hamza El Khalloufi, 2026, "Leveraged positions on decentralized lending platforms," Papers, arXiv.org, number 2601.14005, Jan.
• Mr. Marco Gross & Richard Senner, 2026, "From Par to Pressure: Liquidity, Redemptions, and Fire Sales with a Systemic Stablecoin," IMF Working Papers, International Monetary Fund, number 2026/005, Jan.
• Habib Badawi & Mohamed Hani & Taufikin Taufikin, 2025, "Who sets the range? Funding mechanics and 4h context in crypto markets," Papers, arXiv.org, number 2601.06084, Dec.
• Murad Farzulla, 2026, "Do Whitepaper Claims Predict Market Behavior? Evidence from Cryptocurrency Factor Analysis," Papers, arXiv.org, number 2601.20336, Jan, revised Feb 2026.
• Dalziel, Paul, , "A Finance Theory of Monetary Policy in a World Without Money," Department of Economics Discussion Papers, University of Canterbury - New Zealand, number 263800, DOI: 10.22004/ag.econ.263800.
• Kim, Yunjin & lfft, Jennifer, 2025, "Impact of Recent Ad Hoc Payments on Machinery and Equipment Investments," 2025 AAEA & WAEA Joint Annual Meeting, July 27-29, 2025, Denver, CO, Agricultural and Applied Economics Association, number 360693, DOI: 10.22004/ag.econ.360693.