Community bankers and policymakers want to better understand how technology, competition, regulation, and other factors are driving decision making, consolidation, and the other challenges and opportunities that are shaping community banking. Existing research provides us with some answers to these questions, but there are many gaps.
1/3  BIS - Central bankers' speeches  Driving digital payments growth in recent years were (i) payments by persons to merchants; (ii) fund transfers between two persons; and (iii) salary and wage payments by businesses. This rise in digital retail payments mirrors the broadening of financial inclusion.