Every day an increasing number of business ventures are founded all over the world,
however, these businesses require financial services to prosper. The conventional banking …

This paper studies banks' incentives regarding the timing of payment submissions in a
collateral-based RTGS payment system and how these incentives change with the …

This study uses a simulation methodology and real payment data to quantify the liquidity
efficiency that could be obtained in CHAPS, the UK's large-value payment system, by the …

We study two designs for a liquidity-saving mechanism (LSM), a queuing arrangement used
with an interbank settlement system. With a balance-reactive LSM, banks can set a balance …

Due to the reform of payment systems from netting settlement systems to Real Time Gross
Settlement systems (RTGS) around the world in recent years, there is a dramatic increase in …

This paper quantifies the benefits of the liquidity-saving mechanisms (LSM) in TARGET2. It
builds on two different models which were developed for the quantification of the benefits of …

Payment systems play a key role in the financial infrastructure of all modern economies.
Participants of payment and other settlement systems need access to intraday liquidity to …

The Large Value Transfer System (LVTS) is Canada's main electronic interbank funds
transfer system that financial institutions use daily to transmit thousands of payments worth …

This paper quantifies the benefits of the liquidity-saving mechanisms (LSM) in TARGET2. It
builds on two different models which were developed for the quantification of the benefits of …

Abstract The Large Value Transfer System (LVTS) is Canada's main electronic interbank
funds transfer system that financial institutions use daily to transmit thousands of payments …