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Payment infrastructure trends in Japan: Emerging technologies and alternative infrastructures
Journal of Payments Strategy & Systems,
15
(2),
134-149
(2021)
Abstract
Countries and regions around the world are improving their financial market infrastructure at an accelerated rate. These efforts go beyond initiatives to provide 24/7, real-time, payment infrastructures, into entirely new areas of innovative value-added services. This paper examines advances in payment infrastructure, promising new technologies, emerging service providers and the relationship between the inherent new value and related risk.
Keywords: financial market infrastructure(FMI); 24/7, real-time payment infrastructure; next-generation financial services; value-added services; Zengin System; BOJ-NET
The full article is available to subscribers to the journal.
Author's Biography
Eiichiro Yanagawa is a Senior Analyst in the Asian Financial Services group at Celent and is based in the firm’s Tokyo office. His research focuses on information technology (IT) strategy issues in the Japanese and Asian banking and financial industries. His recent research has included core banking systems, ATMs, anti-money laundering technology, electronic trading, IT spending trends and business process outsourcing. He earned his MBA at Hitotsubashi University Graduate School of Commerce and Management.
