Showing 1 - 10 of 19
We consider the drivers and implications of the growth of "BigTech" in finance - ie the financial services offerings of technology companies with established presence in the market for digital services. BigTech firms often start with payments. Thereafter, some expand into the provision of...
Persistent link: https://www.econbiz.de/10012888946
Persistent link: https://www.econbiz.de/10012798262
Fintech promises to spur financial inclusion and close the gender gap in access to financial services. Using novel survey data for 28 countries, this paper finds a large and ubiquitous ‘fintech gender gap’: while 29% of men use fintech products, only 21% of women do. Country characteristics...
Persistent link: https://www.econbiz.de/10013238278
This paper draws lessons on the central bank underpinnings of money from the rise and fall of the Bank of Amsterdam (1609-1820). The Bank started out as a "stablecoin": it issued deposits backed by silver and gold coins, and settled payments by transfers across deposits. Over time, it performed...
Persistent link: https://www.econbiz.de/10013242087
In only a few years, central banks have rapidly ramped up research and development of central bank digital currencies (CBDCs). A growing body of economic research is informing central banks’ efforts, often focusing on the “reserves for all” aspect of CBDCs for retail use. However, CBDCs...
Persistent link: https://www.econbiz.de/10013211960
Persistent link: https://www.econbiz.de/10012693363
Persistent link: https://www.econbiz.de/10012483912
Persistent link: https://www.econbiz.de/10012387024
Persistent link: https://www.econbiz.de/10012257876
Persistent link: https://www.econbiz.de/10012002049