This article considers how wholesale (also often called large-value) payment systems can be organised, how they have evolved over recent decades and what are the forces currently at play in shaping settlement mechanisms.

Cronin, David

English

Research Papers in Economics

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Large-Value Payment System Design and Risk Management

http://www.centralbank.ie/publications/Documents/Large-Value%20Payment%20System%20Design%20and%20Risk%20Management.pdf

Large-Value Payment System Design and Risk Management

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Research Papers in Economics