Fintech: is this time different? : a framework for assessing risks and opportunities for central banks

by Meyer Aaron, Francisco Rivadeneyra and Samantha Sohal (Funds Management and Banking Department, Financial Markets Department, Bank of Canada, Ottawa, Ontario, Canada)

We investigate the risks and opportunities to the mandates of central banks arising from fintech developments. Fintech may affect the different areas of responsibility of central banks - mainly monetary policy and financial stability - by changing money demand and by changing the industrial organization of the financial system. We present a competitive strategy framework to help evaluate the likelihood of these changes.

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Year of publication:	[2017]
Authors:	Aaron, Meyer ; Rivadeneyra, Francisco ; Sohal, Samantha
Publisher:	[Ottawa, Ontario, Canada] : Bank of Canada
Subject:	Central bank research \| Digital currencies \| Financial institutions \| Payment clearing and settlement systems \| Zentralbank \| Central bank \| Clearing \| Financial clearing \| Geldpolitik \| Monetary policy \| Welt \| World \| Finanztechnologie \| Financial technology \| Internationaler Zahlungsverkehr \| International payments \| Finanzkrise \| Financial crisis \| Zahlungsverkehr \| Payment system \| Finanzsektor \| Financial sector \| Virtuelle Währung \| Virtual currency

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Extent:	1 Online-Ressource (circa 35 Seiten) Illustrationen
Series:	Staff discussion paper. - Ottawa : [Verlag nicht ermittelbar], ISSN 1914-0568, ZDB-ID 2437267-5. - Vol. 2017, 10 (July 2017)
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Zusammenfassung in französischer Sprache
Other identifiers:	hdl:10419/200480 [Handle]
Classification:	G1 - General Financial Markets ; G2 - Financial Institutions and Services ; L1 - Market Structure, Firm Strategy, and Market Performance ; E42 - Monetary Systems; Standards; Regimes; Government and the Monetary System
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011689315