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    echnology Diffusion within Central Banking: The Case of Real-Time Gross Settlement”.

    The report examines the

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    Real Time Gross Settlement (RTGS) is a specialized central bank application that ensures the settlement of critical payments in the financial system. Given the relatively small number of countries on our planet, one would think that the proliferation of such systems is universal. This is not the case as recent research has shown.

    This Fall saw the publication by the New York Federal Reserve Bank of, Staff Report (No. 260, September 2006) entitled “Technology Diffusion within Central Banking: The Case of Real-Time Gross Settlement”.

    The report examines the

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    l payments in the financial system. Given the relatively small number of countries on our planet, one would think that the proliferation of such systems is universal. This is not the case as recent research has shown.

    This Fall saw the publication by the New York Federal Reserve Bank of, Staff Report (No. 260, September 2006) entitled “Technology Diffusion within Central Banking: The Case of Real-Time Gross Settlement”.

    The report examines the

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    hat the proliferation of such systems is universal. This is not the case as recent research has shown.

    This Fall saw the publication by the New York Federal Reserve Bank of, Staff Report (No. 260, September 2006) entitled “Technology Diffusion within Central Banking: The Case of Real-Time Gross Settlement”.

    The report examines the

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    all saw the publication by the New York Federal Reserve Bank of, Staff Report (No. 260, September 2006) entitled “Technology Diffusion within Central Banking: The Case of Real-Time Gross Settlement”.

    The report examines the

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    echnology Diffusion within Central Banking: The Case of Real-Time Gross Settlement”.

    The report examines the speed and the rate of the introduction of RTGS systems and technology to central banks. At the time of publication there were 174 central banks around the world. Starting in 1985 when only 3 central banks operated RTGS systems, the end of 2005 saw 90 central banks operating such systems. The remaining 84 banks are expected to have all introduced RTGS systems by about 2020.

    The paper summarizes what RTGS is as well as the role of the G10 and the BIS

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