Technology is transforming payment systems. The pace of change and potential for disruption to incumbent service providers have propelled payment systems to the top of policymakers' agenda.
Quantifying the High-Frequency Trading “Arms Race”: A Simple New Methodology and Estimates.
On September 15 2008, Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy. It was the start of a lengthy and complex process encompassing about $1.2 trillion worth of creditor claims.