Our book is, we believe, the first attempt to look at payments bottom up, top down, inside and out. It is about the mechanics of payments, yes, but it is also about the power, profundity and perversity of payments, and about the things that you have never even thought about: the modernity and antiquity of today’s systems; the singularity and universality of payments; the consequences – social, economic, geopolitical and otherwise – of our payment choices.
It tells of the rapid speed of change and the slow death of habit, and of the immutable hold of legacy systems, national customs and corporate incumbency. And it delves into technology and sociology; liquidity, bits and bytes; coins and crypto, cards, cash, cheques – and, yes, cyber – as well as all the myriad connections between them.
© 2021 FS-ISAC, Inc. All rights reserved.