› › Payments And Banking In Australia

Payments and Banking in Australia

Author : Nikesh Lalchandani

Publisher : Innovations Accelerated

Page : 608 pages

File Size : 34,60 MB

Release : 2020-09-11

Category : Business & Economics

ISBN : 0648882438

Get eBook

Book Description

This book will: · Challenge the assumption that banks will continue to control payments and the flow of money. · Point to the chinks in their armour and where the opportunities lie. · Examine the technologies and approaches that have begun to disrupt and transform the current model. · Arm you with the knowledge you need to make sense of and navigate this critical industry, as it transforms in innovative and valuable ways. For the first time in Australian financial history, this book brings together in one place what is under the hood of the Australian payments, money and banking systems, and is a must-read for anyone needing a solid understanding of this critical space. Told as a story, this is an inspiring and captivating treatise on how Australia’s systems work and where the future lies.



The Global Findex Database 2017

Author : Asli Demirguc-Kunt

Publisher : World Bank Publications

Page : 228 pages

File Size : 41,87 MB

Release : 2018-04-19

Category : Business & Economics

ISBN : 1464812683

Get eBook

Book Description

In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.



Payment Systems in Australia

Author : Reserve Bank of Australia

Publisher :

Page : 84 pages

File Size : 36,17 MB

Release : 1999

Category : Banks and banking

ISBN :

Get eBook

Book Description



Benefits and Costs of Bank Capital

Author : Jihad Dagher

Publisher : International Monetary Fund

Page : 38 pages

File Size : 18,30 MB

Release : 2016-03-03

Category : Business & Economics

ISBN : 1513539337

Get eBook

Book Description

The appropriate level of bank capital and, more generally, a bank’s capacity to absorb losses, has been at the core of the post-crisis policy debate. This paper contributes to the debate by focusing on how much capital would have been needed to avoid imposing losses on bank creditors or resorting to public recapitalizations of banks in past banking crises. The paper also looks at the welfare costs of tighter capital regulation by reviewing the evidence on its potential impact on bank credit and lending rates. Its findings broadly support the range of loss absorbency suggested by the Financial Stability Board (FSB) and the Basel Committee for systemically important banks.



The PAYTECH Book

Author : Susanne Chishti

Publisher : John Wiley & Sons

Page : 261 pages

File Size : 15,53 MB

Release : 2020-02-18

Category : Business & Economics

ISBN : 1119551919

Get eBook

Book Description

The only globally-crowdsourced book on the future of payments (“PayTech”), offering comprehensive understanding of a rapidly evolving industry at the centre of global commerce The movement of money between individuals, organisations and governments is crucial to the world economy. The payments industry has undergone immense transformation ­– new regulations, technologies and consumer demands have prompted significant changes to the tools, products and use cases in payments, as well as presented lucrative opportunities for entrepreneurs and FinTech professionals. As payment technologies become faster and more efficient, companies and investors are increasingly favouring PayTech innovation due to better customer experience, increased revenues and manageable risks. The PAYTECH Book brings together a diverse collection of industry experts to provide entrepreneurs, financial services professionals and investors with the answers they need to capitalise on the highly profitable PayTech market. Written by leaders in the global FinTech and payment sectors, this informative volume explains key industry developments and presents valuable first-hand insights from prominent industry practitioners. Contributors include advisors and consultants to the payments and financial services industry, entrepreneurs and business owners utilising cutting-edge PayTech capabilities, academic researchers exploring the social-political-economic impact of PayTech and many others. Detailed chapters cover essential topics such as cybersecurity, regulation and compliance, wholesale payments and how payment systems currently work and how PayTech can improve them. This book: Defines PayTech and identifies its key players Discusses how PayTech can transform developed markets and accelerate growth in emerging economies Describes how PayTech fits into the larger FinTech ecosystem Explores the future of PayTech and its potential as an agent of social change and financial inclusion Provides diverse perspectives on investment in PayTech and what consolidation and expansion will look like The PAYTECH Book: The Payment Technology Handbook for Investors, Entrepreneurs and FinTech Visionaries is an indispensable source of information for FinTech investors and entrepreneurs, managers from payments companies and financial services firms and executives responsible for payments in government, corporations, public sector organisations, retailers and users of payments.





Buy Now, Pay Later

Author : Jonathan Shapiro

Publisher : Allen & Unwin

Page : 467 pages

File Size : 42,48 MB

Release : 2021-08-03

Category : Business & Economics

ISBN : 1761062360

Get eBook

Book Description

The fascinating behind the scenes story of the brash Aussie technology start up that changed the way a whole generation around the world does their shopping. Millennials love it. Amateur investors made millions out of it, and its founders became billionaires. But professional investors steered clear, regarding it as over-valued. In a few short years, the Australian startup Afterpay has put a rocket under consumer finance and birthed a global industry. It pioneered the four-payments model that allows customers to bypass credit cards for online shopping and budgeting, with the cost borne by the retailer. Just five years after it was founded, Afterpay had changed the way a generation went shopping, how brands from big banks to fashion labels win customers, and how institutions value companies. Buy Now, Pay Later recounts the dramatic behind-the-scenes story of the founding and rise of Afterpay. It reveals the network of business and personal relationships that enabled the company to finance its speedy growth and the manoeuvring that enabled it to escape regulation for years, as well as the near-death experiences and rising concern that it is getting young people hooked on debt. Drawing on years of on-the-ground reporting and interviews with key figures involved in their rollercoaster ride, this is the Afterpay story told in full for the first time. Jonathan Shapiro and James Eyers report on banking and finance at The Australian Financial Review. 'A gripping success story with a colourful Sydney cast, a story of innovation, courage, lucky breaks and above all family.' - Malcolm Turnbull, former Prime Minister of Australia 'Shapiro and Eyers tell the entertaining and illuminating story of how Afterpay emerged as a global, online-retailing power in a few short years.' - Gregory Zuckerman, The Wall Street Journal 'Well written and well worth reading.' - David Gonski AC, company director 'A fascinating read of the journey behind one of the biggest Australian entrepreneurial successes of our time!' - Jane Lu, CEO and founder, Showpo





She's on the Money: The award-winning #1 finance bestseller

Author : Victoria Devine

Publisher : Penguin Group Australia

Page : 320 pages

File Size : 34,78 MB

Release : 2021-06-16

Category : Business & Economics

ISBN : 1760145874

Get eBook

Book Description

Winner of the ABIA General Non-fiction Book of the Year 2022 Winner of the Best Personal Finance & Investment Book of the Year at the 2021 Business Book Awards Through her phenomenally popular and award-winning podcast, She’s on the Money, Victoria Devine has built an empowered and supportive community of women finding their way to financial freedom. Honest, relatable, non-judgemental and motivating, Victoria is a financial adviser who knows what millennial life is really like and where we can get stuck with money stuff. (Did someone say ‘Afterpay’...?) So, to help you hit your money goals without skimping on brunch, she’s put all her expert advice into this accessible guide that will set you up for a healthy and happy future. Learn how to be more secure, independent and informed with your money – with clear steps on how to budget, clear debts, build savings, start investing, buy property and much more. And along with all the practical information, Victoria will guide you through the sometimes-tricky psychology surrounding money so you can establish the values, habits and confidence that will help you build your wealth long-term. Just like the podcast, the book is full of real-life money stories from members of the She’s on the Money community who candidly share their experiences, wins and lessons learned to inspire others to turn their stories around, too. And with templates and activities throughout, plus a twelve-month plan to get you started, you can immediately put Victoria’s recommendations into action in your own life. You are not alone on your financial journey, and with the money principles in this book you’ll go further than you ever thought possible.



Global Payments

Author : Carol Coye Benson

Publisher :

Page : 92 pages

File Size : 43,20 MB

Release : 2020-11-03

Category : Business & Economics

ISBN : 9780982789766

Get eBook

Book Description

Glenbrook's "Global Payments" provides the go-to-answers to the big questions about global payments. In clear and lively writing, the author explains the common model behind national payments systems all over the world, what actually happens in a cross-border payment, and how fintech innovators are changing the industry. The book describes payments innovations in the rails, in the products and services, and new out-of-the-box alternatives. It explores real-time retail payments (aka Faster Payments) and how these systems are facilitating financial inclusion. Anyone in the payments industry - from anywhere in the world - can benefit from understanding this big-picture view.