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Size: 7726
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Size: 7726
Comment:
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| Deletions are marked like this. | Additions are marked like this. |
| Line 6: | Line 6: |
| || ACH || .46 || Automated Clearing House Network || || Alipay || .84 || [[ https://en.wikipedia.org/wiki/Alipay || Payment system ]] || |
|| ACH || _46 || Automated Clearing House Network || || Alipay || _84 || [[ https://en.wikipedia.org/wiki/Alipay || Payment system ]] || |
| Line 9: | Line 9: |
| || Ant || .73 || Alibaba financial arm || | || Ant || _73 || Alibaba financial arm || |
| Line 13: | Line 13: |
| || CBDC || ..4 || Central Bank Digital Currencies || | || CBDC || _ 4 || Central Bank Digital Currencies || |
| Line 17: | Line 17: |
| || || .68 || Challenger banks || || CHAPS || .43 || Clearing House Automated Payment System, Bank of England || || CHIPS || .47 || Clearing House Interbank Payment System || |
|| || _68 || Challenger banks || || CHAPS || _43 || Clearing House Automated Payment System, Bank of England || || CHIPS || _47 || Clearing House Interbank Payment System || |
| Line 21: | Line 21: |
| || Diem || .10 || [[ https://en.wikipedia.org/wiki/Diem_(digital_currency) | A cryptocurrency ]], renamed from Libra || | || Diem || _10 || [[ https://en.wikipedia.org/wiki/Diem_(digital_currency) | A cryptocurrency ]], renamed from Libra || |
| Line 23: | Line 23: |
| || ECB || .14 || European Central Bank || || e-CNY || .13 || electronic Chinese yuan || |
|| ECB || _14 || European Central Bank || || e-CNY || _13 || electronic Chinese yuan || |
| Line 26: | Line 26: |
| || EME || .11 || Emerging Market Economy || | || EME || _11 || Emerging Market Economy || |
| Line 29: | Line 29: |
| || Fed || .13 || United States Federal Reserve || || Fedwire || .47 || RTGS for 5500+ participants in the United States || || FICO || .75 || Fair Isaac Corporation, credit scoring || |
|| Fed || _13 || United States Federal Reserve || || Fedwire || _47 || RTGS for 5500+ participants in the United States || || FICO || _75 || Fair Isaac Corporation, credit scoring || |
| Line 33: | Line 33: |
| || Fintech || __6 || Financial technologies || | || Fintech || _ 6 || Financial technologies || |
The Future of Money
Eswar S. Prasad, 2021 BVT lib 332.4 PRA
Acronyms
ACH |
_46 |
Automated Clearing House Network |
||||
Alipay |
_84 |
|||||
AML |
176 |
Anti Money Laundering regulations |
||||
Ant |
_73 |
Alibaba financial arm |
||||
ATM |
.61 |
Automated Teller Machine, 1967? |
||||
BoJ |
.10 |
Bank of Japan |
||||
BTT |
167 |
BitTorrent Token |
||||
CBDC |
_ 4 |
Central Bank Digital Currencies |
||||
CDS |
.42 |
Credit Default Swap |
||||
CFT |
176 |
Combat the financing of terrorist activities |
||||
CFTC |
178 |
Commodities Futures Trading Commission |
||||
|
_68 |
Challenger banks |
||||
CHAPS |
_43 |
Clearing House Automated Payment System, Bank of England |
||||
CHIPS |
_47 |
Clearing House Interbank Payment System |
||||
CTF |
178 |
Combatting Terrorisim Financing |
||||
Diem |
_10 |
A cryptocurrency, renamed from Libra |
||||
DLT |
107 |
|||||
ECB |
_14 |
European Central Bank |
||||
e-CNY |
_13 |
electronic Chinese yuan |
||||
|
|
|
||||
EME |
_11 |
Emerging Market Economy |
||||
|
137 |
|||||
ETO |
166 |
Equity Token Offering |
||||
Fed |
_13 |
United States Federal Reserve |
||||
Fedwire |
_47 |
RTGS for 5500+ participants in the United States |
||||
FICO |
_75 |
Fair Isaac Corporation, credit scoring |
||||
FinCEN |
178 |
US Treasury Financial Crimes Enforcement Unit |
||||
Fintech |
_ 6 |
Financial technologies |
||||
|
_71 |
Funding Circle |
||||
G-3 |
_14 |
Group of 3 ( BoJ, ECB, Fed ) |
||||
GDP |
_13 |
Gross Domestic Product |
||||
ICO |
162 |
|||||
IEO |
166 |
|||||
JUMO |
.77 |
business to business financial services platform |
||||
|
.72 |
Kickstarter crowd funding |
||||
KYC |
178 |
Know Your Customer |
||||
|
.70 |
|||||
|
.72 |
|||||
Libra |
.09 |
A cryptocurrency, renamed Diem |
||||
Lufax |
.77 |
Shanghai Lujiazui International Financial Asset Exchange |
||||
M0 |
.28 |
Currency (banknotes and coins) in circulation |
||||
M1 |
.28 |
M0 plus demand deposits and checking deposits |
||||
M2 |
.28 |
broad money: M1, small deposits, savings, travellers checks, retail money market mutual funds |
||||
M3 |
.31 |
Sweden, India term |
||||
M-PESA |
.65 |
Kenya Safaricom mobile phone money (Swahili "pesa" ) |
||||
|
|
|
||||
|
|
|
||||
NINJA |
.43 |
loans; No Income, No Job, No Assets |
||||
OnDeck |
100 |
|||||
Oscar |
.81 |
|||||
Paytm |
.88 |
|||||
PBC |
.75 |
People's Bank of China |
||||
P2P |
.69 |
Peer-to-peer (lending for example) |
||||
Quadriga |
148 |
|||||
RBI |
176 |
Reserve Bank of India |
||||
RMB |
.76 |
Renminbi (0.14 USD in 2022) |
||||
RTGS |
.46 |
Real-Time Gross Settlement system |
||||
|
|
|
||||
S&P 500 |
.37 |
Standard & Poors stock market index |
||||
SEC |
.70 |
United States Securities and Exchange Commision |
||||
SME |
.75 |
Small and Medium Sized Enterprise |
||||
STO |
162 |
|||||
SMS |
.65 |
Short Message Service for mobile phones |
||||
Stripe |
.88 |
|||||
SWIFT |
.48 |
Society for Worldwide Interbank Financial Telecommunication 1973 |
||||
|
|
|
||||
TARGET2 |
.47 |
Trans-European Automated Real-time Gross settlement Express Transfer System 2 |
||||
Tether |
|
|||||
TOR |
146 |
|||||
UPI |
.87 |
Unified Payments Interface (India) |
||||
Upstart |
.71 |
lender |
||||
VASP |
171 |
Virtual Asset Service Provider |
||||
Venmo |
.83 |
|||||
.84 |
||||||
|
|
|
||||
XRP |
.90 |
|||||
|
.95 |
Wealthfront automated portfolio manager |
|
Whale |
175 |
>1800 Bitcoin whales with more than 1000 bitcoins each |
Wise |
.91 |
Wise aka TransferWise remittance network |
||||
|
|
|
||||
|
.92 |
WorldRemit money transfer system |
||||
|
|
|
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