By Jakub Górka
The ecu check industry has passed through speedy transformation in recent times because of alterations in check conduct, new enterprise principles and new felony frameworks and legislation. There has additionally been an introduction of recent applied sciences and money recommendations which has altered the eu funds panorama drastically.
This booklet presents an summary of the basic matters enthusiastic about this new funds panorama. The authors speak about basic difficulties reminiscent of substitution among funds and non-cash check tools, money expenses, the economics of charges, and the call for for funds and deposit funds. additionally they examine concerns akin to two-sided markets, enterprise systems and the matter of severe mass.
Other chapters specialise in new phenomena in funds reminiscent of cellular funds, multi-sided systems, digital wallets, digital currencies, decentralised ledgers, deepest electronic currencies, blockchain and fast funds. The authors additionally evaluate latest law for the subject together with the revised money providers Directive (PSD2), Interchange cost rules (IF/MIF Reg), and the one Euro funds sector (SEPA) project.
Transforming money structures in Europe deals perception into altering cost tradition and the ways that new check structures can create a unmarried electronic industry to foster additional integration in Europe.