Masashi Nakajima

Masashi Nakajima is a professor of Faculty of Economics and Business Administration at Reitaku University, Japan. He had a long career at the Bank of Japan (BOJ) after graduating from Hitotsubashi University. During his career at the BOJ, 1981-2006, he gained a wide range of experience as a central banker holding senior positions in various departments including Research and Statistics Department, Institute for Monetary and Economic Studies, International Department, and Financial Systems and Bank Examination Department. He also had experience working for the Bank for International Settlements (BIS) 2003-2005 and the Center for Financial Industry Information System (FISC) 1999-2001. He distinguishes himself as a coauthor of All about Payment Systems (2000, 2nd edition 2005)(in Japanese) and All about Securities Settlement Systems (2002, 2nd edition 2008)(in Japanese). These two books cover a wide-range of payment and settlement system issues and are regarded in Japan as must-read books on the subject of payment and settlement systems. He is also the author of All about SWIFT (2009)(in Japanese), which is the first book in the world in any language to give a comprehensive presentation of SWIFT that is the essential global provider of secure financial messaging services. As a key figure in the payment and settlement arena, he has been on several committees of public institutions, which include the Financial Services Agency (FSA) of Japan, Ministry of Economy, Trade and Industry (METI) of Japan, Tokyo Financial Exchange (TFX) and Japanese Banks’ Payment Clearing Network (Zengin-net).

Publications

Liquidity Saving Mechanisms in Payment Systems and Settlement Liquidity: The Experience of Japan's Next-Generation RTGS Project
Liquidity Saving Mechanisms in Payment Systems and Settlement Liquidity: The Experience of Japan's Next-Generation RTGS Project
Masashi Nakajima. © 2016. 25 pages.
Payment systems are one of the key Financial Market Infrastructures (FMIs) and have showed remarkable progress over the past two decades. The first half of this chapter focuses...
Payment System Technologies and Functions: Innovations and Developments
Payment System Technologies and Functions: Innovations and Developments
Masashi Nakajima. © 2011. 242 pages.
Payment systems are the indispensable infrastructure for financial markets and business activities. Every commercial trade and financial transaction is finalized only when the...