Introductory Remarks
Related website: http://fedpaymentsimprovement.org
Kenneth C. Montgomery
First Vice President and Chief Operating Officer
Federal Reserve Bank of Boston

Moderator: Joanna Stavins (Federal Reserve Bank of Boston)

Session I: Digital Currency

Moderator: Marc Rysman (Boston University)

Some Economics of Private Digital Currency
Joshua S. Gans (University of Toronto) and Hanna Halaburda (Bank of Canada)

Presenter: Hanna Halaburda (Bank of Canada)

Discussant: Francois Velde (Federal Reserve Bank of Chicago) Presentation

On the Essentiality of Electronic Money
Jonathan Chiu and Russell (Tsz-Nga) Wong (Bank of Canada)

Presenter: Russell (Tsz-Nga) Wong (Bank of Canada) Presentation

Discussant: William Roberds (Federal Reserve Bank of Atlanta) Presentation

Session II: Credit Card Markets: Demand Side

Moderator: Rod Garratt (Federal Reserve Bank of New York)

Sticking to Your Plan: Hyperbolic Discounting and Credit Card Debt Paydown
Theresa Kuchler (NYU Stern)

Presenter: Theresa Kuchler (NYU Stern) Presentation

Discussant: Christopher Carroll (Consumer Financial Protection Bureau)

Modeling the Credit Card Revolution: The Role of Debt Collection and Informal Bankruptcy
Lukasz A. Drozd (Wharton) and Ricardo Serrano-Padial (University of Wisconsin)

Presenter: Ricardo Serrano-Padial (University of Wisconsin) Presentation

Discussant: Wenli Li (Federal Reserve Bank of Philadelphia) Presentation

Lunch and Presentation: Jeremy Allaire
Founder, Chairman & Chief Executive Officer, Circle Internet Financial
Bitcoin, Digital Currency and the Hybrid Digital Economy
Presentation

Moderator: Oz Shy (Federal Reserve Bank of Boston)

Session III: Credit Card Markets: Supply Side

Moderator: Paul Willen (Federal Reserve Bank
of Boston)

Regulating Consumer Financial Products: Evidence from
Credit Cards
Sumit Agarwal (National University of Singapore), Souphala Chomsisengphet (Office of the Comptroller of the Currency), Neale Mahoney (University of Chicago Booth), and Johannes Stroebel (NYU Stern)

Presenter: Neale Mahoney (University of Chicago Booth) Presentation

Discussant: Brigitte Madrian (Harvard University) Presentation

The Role of Non-Banks as Payment Providers
Glen McGee (Queens University) and Hector Perez-Saiz (Bank of Canada)

presentations/

Presenter: Hector Perez-Saiz (Bank of Canada) Presentation

Discussant: Naoki Wakamori (University of Mannheim) Presentation

Break

Session IV: Unique Data Sources

Moderator: Joanna Stavins, Federal Reserve Bank of Boston

Measuring Payment Choice from Bank Survey Data: Can We Identify Consumer and Business Payments?
Geoffrey R. Gerdes and Xuemei (May) Liu (Federal Reserve System Board of Governors)

Presenter: Geoffrey R. Gerdes (Federal Reserve System Board of Governors)

Consumer Cash Usage and Management: A Cross-Country Comparison with Diary Survey Data
John Bagnall (Reserve Bank of Australia), David Bounie (Telecom ParisTech), Kim P. Huynh (Bank of Canada), Anneke Kosse (DNB), Tobias Schmidt (German Federal Bank), Scott Schuh (Federal Reserve Bank of Boston), and Helmut Stix (Oesterreichishe Nationalbank)

Presenter: Helmut Stix (Oesterreichishe Nationalbank) Presentation

Payment Choice and the Future of Currency: Insights from One Billion Retail Transactions
Zhu Wang and Alexander L. Wolman (Federal Reserve Bank of Richmond)

Presenter: Alex L. Wolman (Federal Reserve Bank of Richmond) Presentation

General Purpose Reloadable Prepaid Cards: Penetration, Use, Fees and Fraud Risks
Fumiko Hayashi and Emily Cuddy (Federal Reserve Bank of Kansas City)

Presenter: Fumiko Hayashi (Federal Reserve Bank of Kansas City) Presentation

Reception