Prospects for the Development of the Russian Payment Infrastructure in the Сontext of the Transformation of the Global Financial System

In the article, the author analyzes the impact of factors affecting the global financial system in the payment sphere. The analysis is based on a comparison of the set of impact factors, as noted in the materials of the World Economic Forum, with trends in the development of payment infrastructure....

Full description

Saved in:
Bibliographic Details
Main Author: P. A. Tamarov
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2018-08-01
Series:Мир новой экономики
Subjects:
Online Access:https://wne.fa.ru/jour/article/view/175
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:In the article, the author analyzes the impact of factors affecting the global financial system in the payment sphere. The analysis is based on a comparison of the set of impact factors, as noted in the materials of the World Economic Forum, with trends in the development of payment infrastructure. We show the manifestation of this influence in various aspects and properties, both for separate payment systems, and the payment sphere as a whole.The author notes that not only regulation based on international standards, but also changes in market conditions and technological innovations have a significant impact on the development of payment systems of central banks. The impact of factors in the Russian national payment system (NPS) and the role of the Bank of Russia are revealed.The author concludes that the degree of influence of the factors manifested in the implementation of planned and possible measures for the development of the NPS can be estimated by the dynamics of growth (deviation) of the share of payment traffic carried out in significant payment infrastructures. Quantitative indicators of the NPS development, presented in terms of factors and related activities affecting the global financial system, make it possible to assess the degree of mutual influence.
ISSN:2220-6469
2220-7872