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Carol Coye Benson

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Carol Coye Benson



Average rating: 4.07 · 576 ratings · 48 reviews · 2 distinct worksSimilar authors
Payments Systems in the U.S...

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4.12 avg rating — 480 ratings — published 2010 — 6 editions
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Global Payments: And the Fi...

3.83 avg rating — 96 ratings3 editions
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“Liquidity risk. The risk that a party cannot fulfill its financial obligations to another party.”
Carol Coye Benson, Payments Systems in the U.S.: A Guide for the Payments Professional

“In many countries, customers are charged no explicit transaction fees, as payers or payees. The FSP in these cases is recouping costs, and possibly making a profit, from related service fees or revenue sources such as account balances. The most typical, and most lucrative, of these “adjacencies” is lending: account balances (arguably there because of incoming and outgoing payments) are used by the bank to lend money, profitably, to other customers.”
Carol Coye Benson, Global Payments: And the Fintech Innovations Changing the Industry



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