Operational resilience in digital payments: experiences and issues

Operational resilience in digital payments: experiences and issues

Major operational incidents in payment systems suggest the need to improve their resiliency. Meanwhile, as payment infrastructures become more digitalized, integrated, and interdependent, they require an even higher degree of resilience. Moreover, risks that could trigger major disruptions have beco...

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Veröffentlicht in:IMF working paper 2021-12, Vol.2021 (288), p.1
Hauptverfasser: Khiaonarong, Tanai, Leinonen, Harry, Rizaldy, Ryan
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creator Khiaonarong, Tanai
Leinonen, Harry
Rizaldy, Ryan
description Major operational incidents in payment systems suggest the need to improve their resiliency. Meanwhile, as payment infrastructures become more digitalized, integrated, and interdependent, they require an even higher degree of resilience. Moreover, risks that could trigger major disruptions have become more acute given the rise in power outages, cyber incidents, and natural disasters. International experiences suggest the need to strengthen reliability objectives, redundancies, assessment of critical service providers, endpoint security, and alternative arrangements
doi_str_mv 10.5089/9781616355913.001
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title Operational resilience in digital payments: experiences and issues
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