Payment systems are changing profoundly through regulation, technology and competition from new entrants. This is a comprehensive introduction and reference on payment systems, covering their structure, international systems and settlements, and focusing on electronic transfers. Concludes with the future of the payments business.
Very good brief on payment systems (except mobile payments). It's a to the point book with lucid explanations of ideas in payments industry, with author's knowledgeable opinions interspersed throughout the book. The chapter on major payment products could be better done. As a non European/American reader, I just felt out of place. So many keywords jumping at me: SEPA, PSD, TARGET, CHIPS etc. Rest of the book is pretty good read.
If you work or wants to work with payments. Either from tech, product or business background. I really recommend this book. It gives a very broad perspective on payments and banking system. Even tho it is a bit outdated already. Many of the predictions from the book are now live. :)