The Future of Money
Eswar S. Prasad, 2021 BVT lib 332.4 PRA
Acronyms
ACH |
_46 |
Automated Clearing House Network |
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Alipay |
_84 |
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AML |
176 |
Anti Money Laundering regulations |
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Ant |
_73 |
Alibaba financial arm |
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ATM |
.61 |
Automated Teller Machine, 1967? |
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BoJ |
.10 |
Bank of Japan |
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BTT |
167 |
BitTorrent Token |
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Cantor |
179 |
Cantor Exchange |
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CBDC |
_ 4 |
Central Bank Digital Currencies |
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CDS |
.42 |
Credit Default Swap |
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CFE |
179 |
Cboe Futures Exchange |
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CFT |
176 |
Combat the financing of terrorist activities |
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CFTC |
178 |
Commodities Futures Trading Commission |
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_68 |
Challenger banks |
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CHAPS |
_43 |
Clearing House Automated Payment System, Bank of England |
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CHIPS |
_47 |
Clearing House Interbank Payment System |
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CTF |
178 |
Combatting Terrorisim Financing |
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CME |
179 |
Chicago Mercantile Exchange |
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DeFi |
182 |
Decentralized Finance |
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Degenerator |
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Diem |
_10 |
A cryptocurrency, renamed from Libra |
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DLT |
107 |
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DOGE |
188 |
Doge, Dogecoin, Musk-approved |
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ECB |
_14 |
European Central Bank |
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e-CNY |
_13 |
electronic Chinese yuan |
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EME |
_11 |
Emerging Market Economy |
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137 |
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ETO |
166 |
Equity Token Offering |
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Fed |
_13 |
United States Federal Reserve |
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Fedwire |
_47 |
RTGS for 5500+ participants in the United States |
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FICO |
_75 |
Fair Isaac Corporation, credit scoring |
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FinCEN |
178 |
US Treasury Financial Crimes Enforcement Unit |
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Fintech |
_ 6 |
Financial technologies |
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_71 |
Funding Circle |
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G-3 |
_14 |
Group of 3 ( BoJ, ECB, Fed ) |
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GDP |
_13 |
Gross Domestic Product |
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ICO |
162 |
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IEO |
166 |
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JUMO |
_77 |
business to business financial services platform |
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|
_72 |
Kickstarter crowd funding |
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KYC |
178 |
Know Your Customer |
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LEGOs |
185 |
analogy - decentralized finance systems assembled from components |
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_70 |
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_72 |
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Libra |
_09 |
A cryptocurrency, renamed Diem |
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Lufax |
_77 |
Shanghai Lujiazui International Financial Asset Exchange |
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M0 |
_28 |
Currency (banknotes and coins) in circulation |
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M1 |
_28 |
M0 plus demand deposits and checking deposits |
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M2 |
_28 |
broad money: M1, small deposits, savings, travellers checks, retail money market mutual funds |
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M3 |
_31 |
Sweden, India term |
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M-PESA |
_65 |
Kenya Safaricom mobile phone money (Swahili "pesa" ) |
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NINJA |
_43 |
loans: No Income, No Job, No Assets |
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NYDFS |
180 |
New York State Department of Financial Services |
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OnDeck |
100 |
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Oscar |
_81 |
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Paytm |
_88 |
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PBC |
_75 |
People's Bank of China |
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P2P |
_69 |
Peer-to-peer (lending for example) |
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Quadriga |
148 |
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RBI |
176 |
Reserve Bank of India |
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RMB |
_76 |
Renminbi (0.14 USD in 2022) |
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RTGS |
_46 |
Real-Time Gross Settlement system |
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S&P 500 |
_37 |
Standard & Poors stock market index |
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SEC |
_70 |
United States Securities and Exchange Commission |
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SME |
_75 |
Small and Medium Sized Enterprise |
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STO |
162 |
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SMS |
_65 |
Short Message Service for mobile phones |
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Stripe |
_88 |
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SWIFT |
_48 |
Society for Worldwide Interbank Financial Telecommunication 1973 |
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TARGET2 |
_47 |
Trans-European Automated Real-time Gross settlement Express Transfer System 2 |
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Tether |
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TOR |
146 |
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UPI |
_87 |
Unified Payments Interface (India) |
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Upstart |
_71 |
lender |
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VASP |
171 |
Virtual Asset Service Provider |
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Venmo |
_83 |
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_84 |
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XRP |
_90 |
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|
_95 |
Wealthfront automated portfolio manager |
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Whale |
175 |
>1800 Bitcoin whales with more than 1000 bitcoins each |
Wise |
_91 |
Wise aka TransferWise remittance network |
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_92 |
WorldRemit money transfer system |
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