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The only globally-crowdsourced book on the future of payments (“PayTech”), offering comprehensive understanding of a rapidly evolving industry at the centre of global commerce The movement of money between individuals, organisations and governments is crucial to the world economy. The payments industry has undergone immense transformation – new regulations, technologies and consumer demands have prompted significant changes to the tools, products and use cases in payments, as well as presented lucrative opportunities for entrepreneurs and FinTech professionals. As payment technologies become faster and more efficient, companies and investors are increasingly favouring PayTech innovat...
This short and accessible volume will provide an analytical description detailing the origins of the not-for-profit financial institution: The Society for Worldwide Interbank Financial Telecommunication (S.W.I.F.T.). In this book the authors will focus on how the design and current state of SWIFT was influenced by its historical origins, presenting a comprehensive account in a succinct form which provides an informative guide to the history, structure, activities and future challenges of this key international organization.
A PDF version of this book is available for free in open access via www.tandfebooks.com as well as the OAPEN Library platform, www.oapen.org. It has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 3.0 license and is part of the OAPEN-UK research project. This book traces the history and development of a mutual organization in the financial sector called SWIFT, the Society for Worldwide Interbank Financial Telecommunication. Over the last forty years, SWIFT has served the financial services sector as proprietary communications platform, provider of products and services, standards developer, and conference organizer ("Sibos"). Founded to create efficienc...
The complicated and dramatic course of the Civil War in Greece had, for lack of parties interested in reconstructing the truth of its events, never been narrated prior to the appearance of this volume. It closed a gap in the history of our times, and did so with thoroughness and vivid journalistic immediacy. In addition to the known sources and unpublished documents, the author relied on testimony painstakingly collected from survivors of the tragedy who were scattered throughout the world. It remains the authoritative account of the kapetanios, the guerrilla chiefs who organized the partisans in the Greek mountains.
Moscow and Greek Communism is the first comprehensive analysis of Soviet conduct in Greece during the most critical period of Greek history in this century-the last months of World War II and the years of the Greek Civil War. Peter J. Stavrakis demonstrates that Soviet policy in Greece was highly mutable and reveals how its shifts were governed by Moscow's changing aims in the Near East generally, Soviet policy toward the Western powers, and the constantly changing Greek political situation. Stavrakis draws on previously inaccessible evidence from Greek Communist archives, recently declassified materials from the U.S. National Archives, documents from British archives, and personal memoirs o...
The latest advancement in financial technology has posed unprecedented challenges for incumbent banks. This paper analyzes the implications of these challenges on bank competitveness, and explores the factors that could support digital advancement in banks. The analysis shows that the traditionally leading role of banks in advancing financial technology has diminished in recent years, and suggests that onoing efforts to catch up to the digital frontier could lead to a more concentrated banking industry, as smaller and less tech-savvy banks struggle to survive. Cross-country evidence has suggested that banks in high-income economies appear to have been the digital leaders, likely benefiting from a sound digital infrastructure, a strong legal and business environment, and healthy competition. Nonetheless, some digital leaders may fall behind in the coming years in adopting newer technologies due to entrenched consumer behavior favoring older technologies, less active fintech and bigtech companies, and weak bank balance sheets.
In this comprehensive, accessible work, Ross P. Buckley, Douglas W. Arner, and Dirk A. Zetzsche offer an ideal reference for anyone seeking to understand the technological transformation of finance and the role of regulation: the world of FinTech. They consider FinTech technologies including artificial intelligence, blockchain, BigData, cloud computing, cryptocurrencies, central bank digital currencies, and distributed ledger technology, and provide a unique perspective on FinTech as an interactive system involving finance, technology, law, and regulation. Starting with an evolutionary perspective, the authors then consider the major technologies transforming finance, arguing for approaches to balance the risks and challenges of innovation. They address the central role of infrastructure in digital financial transformation, highlighting lessons from China, India, and the EU, as well as the impact of pandemics and other sustainability crises, while considering the risks generated by FinTech. They conclude by offering forward-looking regulatory strategies to address the challenges facing our world today.
How disputes over privacy and security have shaped the relationship between the European Union and the United States and what this means for the future We live in an interconnected world, where security problems like terrorism are spilling across borders, and globalized data networks and e-commerce platforms are reshaping the world economy. This means that states’ jurisdictions and rule systems clash. How have they negotiated their differences over freedom and security? Of Privacy and Power investigates how the European Union and United States, the two major regulatory systems in world politics, have regulated privacy and security, and how their agreements and disputes have reshaped the tr...
This fully-updated and much expanded second edition provides a much needed, short and accessible introduction to the current debates in international humanitarian law. Written by a former UN Chief Prosecutor and a leading international law expert, this book analyses the legal and political underpinnings of international judicial institutions, it provides the reader with an understanding of both the historical development of institutions directed towards international justice, as well as an overview of the differences and similarities between such organizations. New to this edition: New updates on recently found records of the United Nations War Crimes Commission. Updates on the recent judicial decisions of the International Criminal Tribunal for the former Yugoslavia and International Criminal Tribunal for Rwanda Updates on the Special Tribunal For Lebanon A re-evaluation of the future of the International Criminal Court International Judicial Institutions: Second Edition will be of great interest to students of International Politics, Criminology and Law.
Despite the large number of regional and global summits there is very little known about the functioning and impact of this particular type of diplomatic practice. While recognizing that the growing importance of summits is a universal phenomenon, this volume takes advantage of the richness of the Americas experiment to offer a theoretically grounded comparative analysis of contemporary summitry. The book addresses questions such as: How effective have summits been ? How have civil society and other non-state actors been involved in summits? How have summits impacted on the management of regional affairs? Filling a significant void in the literature, this volume offers an original contribution helping to understand how summitry has become a central feature of world politics. It will be of great interest to students and scholars of diplomacy, international organizations, and global/regional governance.