Payment Cards Center Publications

Discussion Papers

Discussion papers are written by center staff for a wide audience, including industry professionals, regulators, consumers, and academics. Discussion papers can be based on PCC-sponsored conferences or workshops or on original staff research.

Recent Releases:

• DP10-03: Consumer Testing Informs Policy: Overdraft Regulation as a Case Study
• DP10-02: Trends and Preferences in Consumer Payments: Lessons from the Visa Payment Panel Study
• DP10-01: Heartland Payment Systems: Lessons Learned from a Data Breach

More Discussion Papers…

Working Papers

Intended for the professional researcher working papers are written by economists in the Bank's Research Department, by center visiting scholars, and other economists affiliated with the center. Working papers are often theoretical or technical in nature.

The links below take you to recent papers related to the payment and consumer credit industries.

Recent Papers:

• WP10-01: What 'Triggers' Mortgage Default?
• WP09-21: Securitization and Mortgage Default: Reputation vs. Adverse Selection
• WP08-32: Restricting Consumer Credit Access: Household Survey Evidence on Effects Around the Oregon Rate Cap

More Working Papers…

Business Review Articles

Published four times a year, the Business Review includes less-technical articles written by economists in the Bank's Research Department. They are intended for a wide audience and often address timely economic issues.

The links below take you to recent papers related to the payment and consumer credit industries.

Recent Articles:

• BR09-04: "Changes in the Use of Electronic Means of Payment: 1995-2007," by Loretta Mester
• BR09-03: "Residential Housing and Personal Bankruptcy," by Wenli Li
• BR09-02: "Bank Credit Standards," by Mitchell Berlin
• BR09-01: "Rethinking the Implications of Monetary Policy: How a Transactions Role for Money Transforms the Predictions of Our Leading Models," by Julia Thomas

More Business Review Articles…

Update Newsletter

Update is a periodic publication highlighting Payment Cards Center activities and industry developments of interest to those in the payment cards industry, academia, and the public policy sector.

Current Issue (Spring 2010):

• From the Director
• Achieving Sustainable Improvements in the Security of Retail Payments: Technologies, Standard-Setting, and Coordination
• Federal Regulation of the Prepaid Card Industry: Costs, Benefits, and Changing Industry Dynamics
• PCC Workshops
• Working Paper Released by Research Department
• Recently Released Discussion Papers From the Payment Cards Center
• Web Feature: Consumer Statistics Pages
• Rick Lang to Retire, Payment Cards Center Welcomes New Senior Officer
• Complete Issue (797 KB, 12 pages)

Update Newsletter Main Page…

PCC Note

The PCC Note is a short article written by Payment Cards Center staff that highlights current topics related to consumer credit and payments. Like Discussion Papers, the PCC Note was developed to provide timely information for a diverse audience, including professionals, regulators, consumers, and academics. Papers will be added to this collection periodically.

Recent Releases:

• 10-01: Contactless Consumer Payments: A Look at Rules, Laws, and Regulations That Apply to Over-the-Air Communication of Consumers’ Payment Information (303 KB, 8 pages)
• 09-01: The Credit Card Act of 2009 and Prepaid Cards (277 KB, 5 pages)

PCC Note Main Page…