PPT-Interbank Payment Timing is Still Closely Coupled

Discussion by Cecilia Skingsley Macroprudential Conference 21 June 2022 in Amsterdam Content Paper by Afonso Duffie Rigon and Shin Interbank Payment Timing is Still Closely Coupled. However economic growth globally was faster than growth of the rate of consumption of natural resources and some negative environmental impacts have been reduced Globally about 25 less material input was required in 2002 compared to 1980 to produce What is IMPS Interbank Mobile Payment Service IMPS is an insta nt interbank electronic fund transfer service through mobile phones IMPS facili tates customers to use mobile instruments as a channel for accessing their banks accounts and remitting fu Interbank (IMPS) – Merchant Payments – User Group Meeting Current merchant payments scenario • Remote payments – E - commerce • Face - to - face payments ȁ Interbank Mobile Payment Service (IMPS) is an instant interbank electronicfund transfer service through mobile phones. IMPS facilitates customers touse mobile instruments as a channel for accessing th BOI - BTM IMPS - Interbank Mobile Payment Service BOI - BTM (Banking Through Banking) facility is being introduced by Bank of India as an emerging alternate delivery channel for fund transfer. T Network Analysis. 2. Key Question: . If one bank were to face an adverse shock, how would the rest of the banking / financial system be affected?. Potential Solution: . Analysis using network modelling tools. Interbank (IMPS) Merchant Payments Mobile / DTH Recharge Through State Bank of India Mobile Banking Transaction types • Two ways of doing mobile / DTH recharge through IMPS merchant payment Ken . Pesyna. , Zak . Kassas. , . Jahshan. . Bhatti. , and Todd Humphreys. Presentation at ION 2011|September 23, 2011. Outline. Motivate & define Tightly-Coupled Opportunistic Navigation (TCON). ? What is IMPS? Ans : transfer service through mobile phones. IMPS facilitates customers to use mobile instruments as a channel for accessing their banks accounts and remitting funds there from Interbank (IMPS) – Merchant Payments Process Flow and Use Cases IMPS merchant payments • Allows customers to make instant, 24*7, interbank payments to merchants or enterprises via mo AND IMPLICATIONS FOR BANK REGULATION. by. Victor Murinde, Ye Bai, Christopher J. Green, Isaya Maana, Samuel Tiriongo,. Kethi Ngoka-Kisinguh. Presented By Mr John M Chikura, CEO & MD Deposit Protection Corporation, Zimbabwe. Ken . Pesyna. , Zak . Kassas. , . Jahshan. . Bhatti. , and Todd Humphreys. Presentation at ION 2011|September 23, 2011. Outline. Motivate & define Tightly-Coupled Opportunistic Navigation (TCON). AND IMPLICATIONS FOR BANK REGULATION. by. Victor Murinde, Ye Bai, Christopher J. Green, Isaya Maana, Samuel Tiriongo,. Kethi Ngoka-Kisinguh. Presented By Mr John M Chikura, CEO & MD Deposit Protection Corporation, Zimbabwe. Afonso, Duffie, Rigon, Shin. Gary Gorton. Yale and NBER. Important Topic. Evidence suggests that strategic cash hoarding reduces liquidity.. “. These dynamics are especially important if adjustments in the timing of payments occur on days when reserve balances in the banking system are relatively low, because banks might also need to further adjust their liquidity management practices, reinforcing the strategic complementarity of payment timing.”.