Central Banking

Minehan on the U.S. Retail Payments System

In the speech on 'Technology and the U.S. Retail Payments System: Challenges and Opportunities' Cathy Minehan of the Federal Reserve Bank of Boston said after September 11, no list of challenges can be complete without mention of the need to continually revisit and strengthen approaches to contingency. Indeed, the resilience of the nation's payment system stood out during that tragedy -- the payments system kept humming along.

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