Central Banking

Market drives US payment systems - Fed's Olson

In a speech at the First EU/US Retail Banking Forum Conference in Brussels, US Federal Reserve governor Mark W. Olson said the private and public sectors have contributed to a "more efficient national payments system that facilitates greater commerce and innovation".

"If the past is a guide", Olson argued, "geography will continue to decline as an important factor in the national payments system just as it has in other areas of economic activity".

Olson told delegates that the US has evolved

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account