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....

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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
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author P. A. Tamarov
author_facet P. A. Tamarov
author_sort P. A. Tamarov
collection DOAJ
description 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.
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spelling doaj-art-8f0f4000f48b4b998b6aec58bf804a392025-08-20T03:42:57ZrusGovernment of the Russian Federation, Financial UniversityМир новой экономики2220-64692220-78722018-08-01122485710.26794/2220-6469-2018-12-2-48-57173Prospects for the Development of the Russian Payment Infrastructure in the Сontext of the Transformation of the Global Financial SystemP. A. Tamarov0Financial UniversityIn 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.https://wne.fa.ru/jour/article/view/175рayment systems and infrastructuresthe global financial systemfactors of influencethe financial infrastructure of developing countriesfinancial inclusionconfidence in financial services
spellingShingle P. A. Tamarov
Prospects for the Development of the Russian Payment Infrastructure in the Сontext of the Transformation of the Global Financial System
Мир новой экономики
рayment systems and infrastructures
the global financial system
factors of influence
the financial infrastructure of developing countries
financial inclusion
confidence in financial services
title Prospects for the Development of the Russian Payment Infrastructure in the Сontext of the Transformation of the Global Financial System
title_full Prospects for the Development of the Russian Payment Infrastructure in the Сontext of the Transformation of the Global Financial System
title_fullStr Prospects for the Development of the Russian Payment Infrastructure in the Сontext of the Transformation of the Global Financial System
title_full_unstemmed Prospects for the Development of the Russian Payment Infrastructure in the Сontext of the Transformation of the Global Financial System
title_short Prospects for the Development of the Russian Payment Infrastructure in the Сontext of the Transformation of the Global Financial System
title_sort prospects for the development of the russian payment infrastructure in the сontext of the transformation of the global financial system
topic рayment systems and infrastructures
the global financial system
factors of influence
the financial infrastructure of developing countries
financial inclusion
confidence in financial services
url https://wne.fa.ru/jour/article/view/175
work_keys_str_mv AT patamarov prospectsforthedevelopmentoftherussianpaymentinfrastructureinthesontextofthetransformationoftheglobalfinancialsystem