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Costs and Benefits of Building Faster Payment Systems: The U.K. Experience and Implications for the United States

Claire Greene, Marc Rysman, Scott D. Schuh, Oz Shy
2014 Social Science Research Network  
In 2008, the United Kingdom implemented its Faster Payments Service (FPS) at a cost of less than ₤200 million (.014 percent of U.K.  ...  The paper also assesses the effects that FPS likely had on the rest of the U.K. payment system and highlights key unanswered questions for future research.  ...  This is because the choice of technology has a direct impact on both the expected benefits and the expected cost.  ... 
doi:10.2139/ssrn.2564144 fatcat:5i6xwna25zb6bey3owrtbyulzi

Regulation Tomorrow: What Happens When Technology Is Faster Than the Law?

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen
2016 Social Science Research Network  
The market impact of these business practices is clear: reducing the number of firms competing in a labor market reduces employee wage competition and limits those employees to fewer potential employers  ...  is the "increased speed of copying and the overall dilution of the essence of high fashion, which whether you like it or not is founded on exclusivity and unattainability"). 56.  ...  that the foreclosure must be significant enough to have a negative impact on competition. 78 Because the portion of the market foreclosed by the contract was less than one percent, the Court found that  ... 
doi:10.2139/ssrn.2834531 fatcat:rtx2tgh47ndihkcfyujpqobcuy

Latest Technologies used in Industries for Better Production: An Extensive Review

N. Thirupathi Rao,, Department of Computer Science and Engineering, Vignan's Institute of Information Technology (A) Visakhapatnam 530049, AP, India, Debnath Bhattacharyya, Department of Computer Science and Engineering, K L Deemed to be University, KLEF, Guntur-522502, India
2020 Asia-pacific Journal of Convergent Research Interchange  
The utilization of such technology trends is giving proper market analysis and also better business processing applications.  ...  The trends of the market can be observed or understood within minutes by the utilization of such advanced technologies.  ...  This network model provides fast internet connectivity, more speeds of data transfer and other faster communication model networks [9] .  ... 
doi:10.21742/apjcri.2020.06.11 fatcat:sq66fq47dzf2fe2bweylxecuke

Digital proximity tracing app notifications lead to faster quarantine in non-household contacts: results from the Zurich SARS-CoV-2 Cohort Study [article]

Tala Ballouz, Dominik Menges, Helene E Aschmann, Anja Domenghino, Jan S Fehr, Milo A Puhan, Viktor von Wyl
2020 medRxiv   pre-print
Furthermore, we performed adjusted time-to-event analyses stratified by exposure setting to estimate the effect of the app on time between relevant exposure and entering quarantine among close contacts  ...  These findings constitute the first evidence that DPT may reach exposed contacts faster than MCT, leading to earlier quarantine and potential interruption of SARS-CoV-2 transmission chains.  ...  To date, the possible impact of DPT apps on pandemic mitigation is only partially understood.  ... 
doi:10.1101/2020.12.21.20248619 fatcat:tldd46iaqndrlgkvv7w7ghs7mi

Better internal market regulation

Jacques Pelkmans
2003 Intereconomics. Review of European Economic Policy  
Benefi ts concern consumers and companies but also the economy as a whole through a positive impact on employment and growth.  ...  But better regulation may impact on innovation, investment and productivity in ways that are little known.  ... 
doi:10.1007/bf03031771 fatcat:4zh6jiidbvfhzakecc5l565cwa

Better resilience evaluation

Nicola McDonald, Levente Timar, Garry McDonald, Catherine Murray
2020 Bulletin of the New Zealand Society for Earthquake Engineering  
In the context of infrastructure and natural hazard planning, a new agenda for applied research is emerging which, focused on resilience, integrates government, hazard science, engineering and economics  ...  This paper sets out the context and key tenets guiding the direction of this topic of enquiry, including the New Zealand legislative and policy context under which infrastructure decisions are made, core  ...  ACKNOWLEDGEMENTS This work was funded through the Resilience to Nature's Challenges National Science Challenge (RNC-NSC).  ... 
doi:10.5459/bnzsee.53.4.203-214 fatcat:fvhbmotvqvgzdomdgbcuqcg6k4

The Potential of Administrative Microdata for Better Policy-Making in Europe [chapter]

Sven Langedijk, Ian Vollbracht, Paolo Paruolo
2018 Data-Driven Policy Impact Evaluation  
Acknowledgements The authors thank Nuno Crato for useful comments on a previous version of this chapter and Francesco Tucci for assistance in the preparation of the graphs.  ...  The views expressed in this chapter do not necessarily reflect those of the European Commission.  ...  While the speed at which changes in policy-making will occur is uncertain, the direction of the impact of greater availability of microdata is relatively clear.  ... 
doi:10.1007/978-3-319-78461-8_20 fatcat:duemvnbd4fbwnnqyre4deqo3se

Eastern Enlargement: The Sooner, the Better?

Sven W. Arndt, Heinz J. Handler, Dominick Salvatore
2000 Social Science Research Network  
The impact on the structure, wages and employment for the home country for these types of FDI are quite different.  ...  However, this has nothing to say about the impact of outsourcing on overall employment which − as has been demonstrated − depends on general equilibrium effects.  ...  Estimating the impact of fragmentation on total factor productivity Following Feenstra/Hanson (1997 and others we assume that outputs and inputs of manufacturing industries are related by a translog  ... 
doi:10.2139/ssrn.3190120 fatcat:hhrvlmxqgnbrnb4mc6lzh2q7re

Blockchain Technology: Can Data Security Change Higher Education Much Better?

Mulyati Mulyati, Ilamsyah Ilamsyah, Aris Aris, Iketut Gunawan, Muhammad Suzaki Zahran
2021 International Journal of Cyber and IT Service Management  
Therefore, in this study the author uses the literature review method with the aim of finding out whether blockchain technology can update the Indonesian education system to a better domain or not.  ...  The proliferation of false credentials micro-credentials encourages academics to be able to strengthen the data security system implemented.  ...  This horizon report focuses on the potential impacts of blockchain on academic credentials, but its application goes far beyond academia itself.  ... 
doi:10.34306/ijcitsm.v1i1.36 fatcat:3ygbpadodvdkbdklbkck6oxhpi

Strategy and policies for Better Regulation [chapter]

2013 Better Regulation in Europe  
Interface with Better Regulation policies at EU level Italy has traditionally promoted the debate on regulatory policy in international fora.  ...  Since 2006, at least one Italian expert has been attending the quarterly meetings organised by the European Commission reviewing progress with the measurement of administrative burdens at the EU level.  ...  This can partly be explained by the fact that Italy focuses exclusively on burdens with highest impact and relies on constant contribution of employers ' associations, renouncing to any baseline measurement  ... 
doi:10.1787/9789264204454-7-en fatcat:yrofqwt5i5bn3gukhvan6t7zxu

Introduction [chapter]

2010 Better Regulation in Europe  
The OECD is a unique forum where the governments of 30 democracies work together to address the economic, social and environmental challenges of globalisation.  ...  The OECD is also at the forefront of efforts to understand and to help governments respond to new developments and concerns, such as corporate governance, the information economy and the challenges of  ...  Speed of transposition The speed of transposition varies considerably depending on the issue (as does the implementation period given in the EU regulation) and on the legal instrument used for implementation  ... 
doi:10.1787/9789264084568-4-en fatcat:dshpctamxzbc3mqg5yo3gt6u7i

Autonomous vehicles and freight traffic: towards better efficiency of road, rail or urban logistics?

Péter Bucsky
2018 Urban Development Issues  
New innovations from different fields are constantly changing the freight traffic industry but these are less disruptive than on other markets.  ...  The aim of this article is to show the current state of development of freight traffic with regards to AVs and analyse which future directions of development might be viable.  ...  In a similar manner to the internet network this would mean a faster and much more independent network of goods delivery and could serve the growing need for faster delivery. L. G.  ... 
doi:10.2478/udi-2018-0022 fatcat:i2wo6r3crrgjfjz2nh45vwwbvi

FASTER AND BETTER DECISIONS IN CHANGING ENVIRONMENTS USING A HYBRID APPROACH OF DATA WAREHOUSE INTEGRATION

Marcus Preis, Juergen Seitz
2012 ECONOMICS AND MANAGEMENT  
The financial crisis means a lot of trouble for governments, administrations, companies and people. Sometimes the environment changes faster than the actors are able to react.  ...  What has not been changed for a long time is the fact that only successful companies survive. Successful companies could be characterized as companies which are able to make better decisions faster.  ...  There will be a great focus on streamlining processes, getting rid of inflated, over-dimensioned solutions to be more business ready. The business impact of an IT department needs to rise urgently.  ... 
doi:10.5755/j01.em.17.2.2209 fatcat:cheqzylbmnbfbkfd3auflo6yju

Compliance, enforcement, appeals [chapter]

2010 Better Regulation in Europe  
The participating countries are: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden and the United Kingdom.  ...  Particularly important is the need, on one hand, to clearly differentiate between the mandatory Checklist and the "proofing" of impacts as, inter alia, employment, women, persons in poverty, and on the  ...  These issues have a direct impact on the welfare of businesses and citizens.  ... 
doi:10.1787/9789264095090-11-en fatcat:r6wgaafwxzhzbcnfhm4h277gcm

Reorganisation of Government Back-Offices for Better Electronic Public Services [chapter]

Jeremy Millard
2004 Lecture Notes in Computer Science  
Better and faster services will be the result of the use of electronic technologies and the necessary reorganization of workflows.  ...  It constitutes one million employments and 6% of the GNP.  ...  This graphic clearly shows the number of sign-on to the secured service of My-IB-group .The angle of progression that began in April is still continuing.  ... 
doi:10.1007/978-3-540-30078-6_60 fatcat:xpoeyo5pqjh2fn7akbtronretm
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