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Chicago Fed Letter, No. 219a, October 2005
Forces Shaping the Payments Environment: A Summary of the Chicago Fed’s 2005 Payments Conference

Three main forces—innovations, incentives and regulation—have affected the migration to more efficient payment mechanisms. Though several payment alternatives have been introduced recently, many have not been widely adopted. The Chicago Fed held a conference to explore why certain payment innovations have been more successful than others.



Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

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