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Emerging Payments - The Changing Landscape

Tags » Account-to-Account (A2A), Banking Industry, Bill Payment, Card Payments, Debit Cards, Decoupled Debit Cards, ECommerce Payments, Emerging Payments, Financial Regulators, Mobile Banking, p2p - Person to Person Payments, Prepaid Cards and Stored Value Cards, Unbanked

Marianne Crowe, Vice President, Emerging Payments Research Group, at the Federal Reserve Bank of Boston, gave a presentation last week titled "Emerging Payments - The Changing Landscape" icon_PDF_small.gif to the Maine Association of Community Banks and to the New Hampshire Community Bankers Association. Crowe's presentation discusses the growth in debit card payments, the emergence (and potential threats to banks) of decoupled debit cards, prepaid cards for the unbanked, and the use of the Internet for bill payment, ecommerce purchases, and person-to-person or account-to-account money transfers. She also discusses contactless payments and mobile banking.


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