Die Veranstaltung findet auf Deutsch und in Pr\u00e4senz auf dem Campus der Goethe-Universit\u00e4t Frankfurt statt.<\/p>\n
![](\"https:\/\/gfk-cfs.de\/media\/Foto-Bindseil_Berg-21.02.24-scaled.jpg\")
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– in Kooperation mit dem Institut f\u00fcr Bank- und Finanzgeschichte e. V. und dem House of Finance der Goethe-Universit\u00e4t Frankfurt<\/p>\n
While payments and financial market infrastructures (FMIs) have always played an essential role in facilitating economic exchange, they recently regained attention in the context of: (i) new technologies and ideas such as DLT, crypto-assets, stablecoins, and central bank digital currencies; ii) the significant strengthening of the role of CCPs in the context of the follow up to the 2008 crisis; (iii) the various regulatory initiatives triggered by that crisis affecting all FMIs; (iv) globalisation, putting the spotlight on the efficiency of cross border payments, the risk of non-PvP settlement, and of fragmentation of payments and market infrastructures in the context of geopolitical deterioration and sanction measures. The book, co-authored with George Pantelopoulos from the University of Newcastle (Australia), provides a systematic introduction to payment and settlement across various solutions and infrastructures and develops the important economic policy topics which are implied by the idiosyncratic features of this industry (systemic relevance; path dependency; negative externalities and contagion; network effects and abuse of market power; strategic autonomy issues; co-existence of public and private means of settlement; layering; etc.). It also covers the historical evolution of payments, and the future prospects in view of ever advancing digitalisation.<\/p>\n