Markets, infrastructures, payment systems

Innovation and the rollout of digital technologies are radically transforming how markets and payment systems work. New types of business, new means of payment, and groundbreaking technological solutions based on cryptography and the use of distributed ledgers are emerging all the time. With this come new risks linked, for example, to the violation of privacy and cybersecurity. These changes must be accompanied, guided, and regulated; they are the subject of ongoing discussions in the international institutions, in Europe and in Italy.

The new series 'Markets, Infrastructures, Payment Systems' aims to raise awareness of these issues and to foster debate among the institutions, economic operators and members of the public, making available to readers a set of experiences and know-how which also reflect the Bank's active participation in the construction and management of Eurosystem infrastructures.

The publications are didactic in scope, primarily targeting non-specialist readers, but equally take a close look at frontier issues, with academics and researchers in mind, as well as staff at international institutions and the other central banks.

Latest publications

  1. 15 October 2025
    No. 69 - A solution for cross-border and cross-currency interoperability of instant payment systems
    by Domenico Di Giulio, Vitangelo Lasorella, Pietro Tiberi
  2. 13 October 2025
    No. 68 - Report on the payment attitudes of consumers in Italy: results from ECB SPACE 2024 survey
  3. 10 October 2025
    No. 67 - Open Banking in Italy: A Comprehensive Report
    by Carlo Cafarotti and Ravenio Parrini
  4. 7 October 2025
    No. 66 - Is there an equity greenium in the euro area?
    by Marco Fanari, Marianna Caccavaio, Davide Di Zio, Simone Letta and Ciriaco Milano
  5. 6 October 2025
    No. 65 - Stewardship Policies. A Survey of the Main Issues
    by Marco Fanari, Enrico Bernardini, Elisabetta Cecchet, Francesco Columba, Johnny Di Giampaolo, Gabriele Fraboni, Donatella La Licata, Simone Letta, Gianluca Mango and Roberta Occhilupo