BIS Enhances Red Book Statistics on Cashless Payments and FMIs
BIS is updating and enhancing its statistics on cashless payments and financial market infrastructures (FMIs) in the 24 jurisdictions that are members of the CPMI. These data are part of the Red Book statistics. CPMI published a revised methodology of the Red Book statistics and an outline of the new structure of the statistical tables, which illustrates the relationship between indicators by means of numerical examples.
The new statistics reflect the substantial changes that the payment landscape has undergone over the past decade. The statistics will in future include more information on the role of non-banks, on online and contactless payments and on fast payments. The new methodology clarifies how to count debit and credit cards. It also clarifies which retail cashless payments count as domestic and which count as cross-border. The 2017 Red Book (reporting end-2016 data, to be published in September and December 2017) will still use the old methodology. The new Red Book statistics will be published in a new user-friendly internet-based format.
Related Links
Methodology of Red Book Statistics
Outline of New Structure (PDF)
Keywords: International, Securities, PFMI, Statistics, FMI, CPMI, BIS
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