Banking and Payments Research

Research staff analyze domestic and international payments systems as well as the banking industry.

Recent Articles

Research Working Paper

Risk-on/Risk-off: Measuring Shifts in Investor Sentiment

A new measure of investor sentiment outperforms similar measures in forecasting investment activity in emerging markets.

Research Working Paper | Banking and Finance | Data and Trends | International
Payments System Research Briefing

Combating Authorized Push Payment Scams in Fast Payment Systems

Fast payment system operators and financial institutions can adopt measures to help mitigate APP scams.

Payments System Research Briefing | Payments | Banking and Finance
Payments System Research Briefing

Cash Bill Pay Services and Payment Inclusion in the United States

Cash bill pay may help further payment inclusion among consumers who prefer to use cash.

Payments System Research Briefing | Payments | Banking and Finance
Research Working Paper

Defining Households That Are Underserved in Digital Payment Services

We consider four elements—access, use, safety, and affordability—in our definition of households underserved in digital payments.

Research Working Paper | Banking and Finance | Law and Economics | Payments
Economic Bulletin

Why Are Multifamily Property Prices Falling?

Price declines for multifamily properties may reflect investor pessimism, not just changes in housing market fundamentals.

Economic Bulletin | Housing | Banking and Finance
Payments System Research Briefing

The Role of Nonbanks and Fintechs in Boosting India’s UPI Person-to-Merchant Transactions

Nonbank and fintech services have helped expand the use of India’s instant payment system for person-to-merchant payments.

Payments System Research Briefing | Payments | Banking and Finance | International
More research articles