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A new set of gains can be unlocked when payment systems are "interoperable."
New research from Yao Zeng, assistant professor of finance, demonstrates that the usage of digital payments dramatically increases when users can transact seamlessly across different platforms. In a recent Knowledge at Wharton article, Professor Zeng offers insights from his paper, “Integrating Fragmented Markets: Interoperability in Money and Payments.”
Events and Updates
Burcu Esmer on Valuation in Private and Public Markets
During the IVSC Valuation Webinar Series, Burcu Esmer, academic co-director of the Harris Family Alternative Investments Program, brought her expert insight into the growing influence of private markets, especially in relation to public markets and long-term valuation.
Fireside Chat with a PE Leader
The Harris Family Alternative Investments Program welcomed Dan Zilberman, WG’01, global head of capital solutions and co-head of financial services at Warburg Pincus for a fireside chat. The conversation was moderated by Muhammad Vakil, co-president of the PEVC Club.
Rostin Behnam in the FinTech Lecture Series
The Stevens Center for Innovation in Finance welcomed Rostin Behnam for a special fireside chat as the final FinTech Lecture Series installment of the semester. Rostin Behnam is a Distinguished Fellow at Georgetown University's Psaros Center for Financial Markets & Policy and was 15th Chairman of the CFTC.
In the News
The Economic Impact of Consumer Sentiment
In a recent edition of Marketplace on K-shaped consumer sentiment, Professor Sasha Indarte weighed in on the potential for pessimism to affect household spending and hiring.
Itay Goldstein's Reflections on Cryptocurrency
Professor Itay Goldstein shared his views on the state of the crypto industry in Wharton Magazine, following a recent Future of Finance podcast season on this topic.
Why is your Credit Card
Rate so High?
Professor Itamar Drechsler explained on Knowledge at Wharton how marketing costs could be the culprit for high credit card rates.
View recent Finance at Wharton news.