This short paper addresses the strategic challenges of deposit banks, and payment clearinghouses, posed by the growing role of mobile operators as collectors and payment agents of flow of cash for themselves and third parties. Through analysis and data analysis from selected operators , it is shown that mobile operators achieve as money flow handlers levels of efficiency , profitability ,and ri...

With regulations on deposit rates and on-balance-sheet lending, Chinese banks have significantly increased off-balance-sheet activities in recent years, most notably by issuing wealth management products. We examine the relationship between the product characteristics and the issuing banks and find that (1) the scale of product issuance is greater for banks constrained more by on-balance-sheet ...

D eposit insurance was created, at least in part, to prevent unfounded bank failures caused by contagion. The legislation that created the Federal Deposit Insurance Corporation (FDIC) was driven by the widespread bank failures of the Great Depression. In the years immediately before the 1934, when the FDIC began insuring bank deposits, over onethird of all extant banks failed. Many observers ar...

On April 26, 1996, Public Law 104-134 was Chart 1 .-Payment volume, by type of disbursement, fiscal year 1997 enacted, requiring all Federal payments except tax refunds be issued electronically by January 2, 1999, thus beginning a new era in electronic N Federal tax 10.5% funds transfer (EFT). This legislation, the Debt Collection Improvement Act of 1996-part of the Omnibus Consolidated Resciss...

Financial safety nets are intended to reduce the likelihood and severity of financial crises that have macroeconomic externalities. While safety nets are intended to confer benefits on the macroeconomy, their design and implementation may confer disproportionate benefits on identifiable sectors, such as banks and depositors. In this study, we distinguish between safety net benefits and subsidie...

This study investigates the asymmetric adjustment of sectorial lending-deposit rate spread in Fiji’s banking industry using monthly data from January 2000 to February 2020. The uses threshold autoregressive and momentum models test for cointegration detect asymmetries. analysis provides evidence an process lending deposit among Fijian commercial banks. finding has important policy implications ...

In order to accomplish their tasks, components in a distributed system communicate with each other by means of an inter-process communication mechanism. When the components handle communication themselves we obtain applications where the core functionality of its components is interwoven with communication tasks. Therefore, the application becomes dependent on a particular communication mechani...

This paper follows up on recent studies of the Eurozone interest rate pass-through. Using a generalized empirical approach that allows for a variety of different specifications of the pass-through, including asymmetric adjustment, the role of interest rate expectations, proxied by EURIBOR futures, in determining retail banking product pricing is explored. It is shown that the pass-through is fa...

The shadow banking sector has grown tremendously in China in the last decade, developing in parallel with the rise of non-bank lenders in western economies. Chinese non-financial firms supply credit in the shadow banking sector, i.e., they behave as “surrogate intermediaries”. Using hand-collected data on the entrusted loans made by listed firms to other firms, this paper analyzes the causes an...

Drastic changes and turbulence in macro-economic factors have the greatest impact on banks target market attractiveness in Iran. It is assumed that conventional segmentation models at the corporate level are not efficient for banking system. This study aims to develop a new segmentation model at the industry level for banks of Iran. For this purpose, structures and variables at the industry lev...