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Chart for article 'The Quest for Speed in Payments'
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The Quest for Speed in Payments

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The Quest for Speed in Payments

Part 5 of "International banking and financial market developments" (BIS Quarterly Review), March 2017, by Morten Bech, Yuuki Shimizu and Paul Wong. This feature looks at technology in payment systems. It compares the diffusion of real-time gross settlement (RTGS) systems for wholesale payments with that of faster systems for retail payments (fast payments).

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