About this product

Product Identifiers

PublisherElliott & Thompson, The Limited

ISBN-101783966416

ISBN-139781783966417

eBay Product ID (ePID)20057286246

Product Key Features

Edition2

Book TitlePay Off : How Changing the Way We Pay Changes Everything

Number of Pages356 Pages

LanguageEnglish

TopicInterest, Finance / General, Economics / Macroeconomics

Publication Year2022

IllustratorYes

GenreBusiness & Economics

AuthorGottfried Leibbrandt, Natasha De Teran

FormatTrade Paperback

Dimensions

Item Height1.1 in

Item Weight11.4 Oz

Item Length7.7 in

Item Width5 in

Additional Product Features

Intended AudienceTrade

TitleLeadingThe

Reviews"Admirably lucid" - Financial Times "Excellent reading" - Professor Alistair Milne, author, The Fall of the House of Credit "Payments are the most important things most people have probably never even thought about. Banks, tech companies, Central Banks, crypto firms and crooks all know that if you control payments, you may also control critical data and ultimately the world. The Pay Off cleverly dissects the workings and future of this geopolitical and technological war . A must read for anyone in business." - Bob Wigley, Chair, UK Finance "A long overdue, highly readable and authoritative account of the uses and occasional abuses of the systems on which we all rely, and how they are still rapidly changing, that both specialists and the general reader will find informative and entertaining." - Mark Yallop, Chair, FICC Markets Standards Board, Former External Member, Prudential Regulatory Committee at the Bank of England, Former External Member, Financial Market Infrastructure Board at the Bank of England "Whenever you buy or sell something, you use a payments system but, do you ever wonder how that system works? It's like plumbing or electricity maybe, but it is actually far more complex as it is changing fast thanks to technology. You used to pay with cash, then with a click, now with a swipe or with a touch. What's next? How does all of this work? The Pay Off provides a wonderful deep-dive into the subject [...]. In this book, you find so many useful insights about the past, present and future of payments that anyone who is vaguely interested in the politics, economics and world of finance should pick it up and read it. NOW!" --Chris Skinner, author, Digital Bank "An excellent and important book. Payments are transforming our society and our lives, and yet few people understand what's driving the change, or what the consequences could be, for good or ill. Hugely engaging and accessible, The Pay Off demystifies this critical subject for the layperson and policy makers alike" - Natalie Ceeney CBE, Chair, Access to Cash review "The world of payments is complex and confusing, but hugely important. The authors have produced a comprehensive, authoritative and even, at times, amusing, guide. I have read nothing better on a subject which increasingly preoccupies both commercial and central banks ." - Howard Davies, Chairman of the NatWest group, and former chairman of the FSA " The Pay Off sounds like a thriller and it reads like one. The authors succeed in demonstrating 'networks are an inexhaustibly interesting subject' with wit and panache. The book was written with a twinkle in the eye and brought a twinkle to mine. Accessible and erudite, entertaining and enriching, The Pay Off delivers." - Tim Frost, former director of the Bank of England and chair of Cairn Capital, "Whenever you buy or sell something, you use a payments system but, do you ever wonder how that system works? It's like plumbing or electricity maybe, but it is actually far more complex as it is changing fast thanks to technology. You used to pay with cash, then with a click, now with a swipe or with a touch. What's next? How does all of this work? The Pay Off provides a wonderful deep-dive into the subject [...]. In this book, you find so many useful insights about the past, present and future of payments that anyone who is vaguely interested in the politics, economics and world of finance should pick it up and read it. NOW!" --Chris Skinner, author, Digital Bank, "An excellent and important book. Payments are transforming our society and our lives, and yet few people understand what's driving the change, or what the consequences could be, for good or ill. Hugely engaging and accessible, The Pay Off demystifies this critical subject for the layperson and policy makers alike" --Natalie Ceeney CBE, Chair, Access to Cash review, " The Pay Off sounds like a thriller and it reads like one. The authors succeed in demonstrating 'networks are an inexhaustibly interesting subject' with wit and panache. The book was written with a twinkle in the eye and brought a twinkle to mine. Accessible and erudite, entertaining and enriching, The Pay Off delivers." --Tim Frost, former director of the Bank of England and chair of Cairn Capital, "The world of payments is complex and confusing, but hugely important. The authors have produced a comprehensive, authoritative and even, at times, amusing, guide. I have read nothing better on a subject which increasingly preoccupies both commercial and central banks ." --Howard Davies, Chairman of the NatWest group, and former chairman of the FSA, "A long overdue, highly readable and authoritative account of the uses and occasional abuses of the systems on which we all rely, and how they are still rapidly changing, that both specialists and the general reader will find informative and entertaining." --Mark Yallop, Chair, FICC Markets Standards Board, Former External Member, Prudential Regulatory Committee at the Bank of England, Former External Member, Financial Market Infrastructure Board at the Bank of England, "Payments are the most important things most people have probably never even thought about. Banks, tech companies, Central Banks, crypto firms and crooks all know that if you control payments, you may also control critical data and ultimately the world. The Pay Off cleverly dissects the workings and future of this geopolitical and technological war . A must read for anyone in business." --Bob Wigley, Chair, UK Finance

SynopsisHow we pay is so fundamental that it underpins everything - from trade to taxation, stocks and savings to salaries, pensions and pocket money. Rich or poor, criminal, communist or capitalist, we all rely on the same payments system, day in, day out. It sits between us and not just economic meltdown, but a total breakdown in law and order. Why then do we know so little about how it really works? As you read this, technology is dismantling payment barriers and governments are erecting them; cash is on the way out, and crypto and BigTech are fighting their way in. Europeans are heavily regulated, Americans oddly backward, and the Chinese are hoping to lead the way forward. Challenging our understanding about where financial power really lies, The Pay Off shows us that the most important thing about money is the way we move it. Leibbrandt and De Terán shine a light on the hidden workings of the humble payment - and reveal both how our payment habits are determined by history as well as where we go from here. From national customs to warring nation states, geopolitics will shape the future of payments every bit as much as technology., How we pay is so fundamental that it underpins everything -- from trade to taxation, stocks and savings, to salaries, pensions, and pocket money. Rich or poor, criminal, communist, or capitalist, we all rely on the same payments system, day in, day out. It sits between us and not just economic meltdown, but a total breakdown in law and order. Why then do we know so little about how it really works? As you read this, technology is dismantling payment barriers and governments are erecting them; cash is on the way out, and crypto and BigTech are fighting their way in. Europeans are heavily regulated, Americans oddly backward, and the Chinese are hoping to lead the way forward. Challenging our understanding about where financial power really lies, The Pay Off shows us that the most important thing about money is the way we move it. Leibbrandt and De Terán shine a light on the hidden workings of the humble payment--and reveal both how our payment habits are determined by history as well as where we go from here. From national customs to warring nation states, geopolitics will shape the future of payments every bit as much as technology.

LC Classification NumberHG1710