Privacy Provision, Payment Latency, and Role of Collateral

12 Pages Posted: 30 Oct 2020

See all articles by Charles Kahn

Charles Kahn

University of Illinois at Urbana-Champaign

Caitlin Long

Avanti Bank

Manmohan Singh

International Monetary Fund (IMF)

Date Written: July 1, 2020

Abstract

The new boundary between publicly and privately provided payments systems and the role of collateral may be changing. Recent technological developments have made it feasible for markets and policymakers to contemplate abolishing physical cash, and replacing it with electronic alternatives like digital tokens. This paper focuses on two concepts: (i) privacy provision that results in increased awareness of and concern with problems of privacy in payments systems; and (ii) payment latency, and how the new fintech world is likely to result in reduced counterparty and interest rate risk for corporate treasurer. The paper ties these issues from the lens of collateral, especially the analogy of collateral reuse and digital tokens.

Suggested Citation

Kahn, Charles and Long, Caitlin and Singh, Manmohan, Privacy Provision, Payment Latency, and Role of Collateral (July 1, 2020). IMF Working Paper No. 20/148, Available at SSRN: https://ssrn.com/abstract=3721189

Charles Kahn (Contact Author)

University of Illinois at Urbana-Champaign ( email )

601 E John St
Champaign, IL Champaign 61820
United States

Caitlin Long

Avanti Bank ( email )

Manmohan Singh

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
76
Abstract Views
462
Rank
644,052
PlumX Metrics