In hindsight of the 2008 crisis, the conspicuous underestimation of systemic risk has turned into a strong incentive for authors to develop appropriate measurement techniques.Given the continuously changing nature of the financial system, measurement tools have developed quickly to address...

This paper analyzes the Wirecard AG case from a digital finance perspective. The relatively low pace of digital transformation of financial supervisors and the high speed of advancements in technology increase the technological gaps between supervisors and their responsibility areas and result...