Artículo de revista ; The technologies underlying money and payment systems are evolving rapidly. Both the emergence of distributed ledger technology (DLT) and rapid advances in traditional centralised systems are moving the technological horizon of money and payments. These trends are embodied...

Artículo de revista ; Facing the challenges and leveraging the opportunities from digitalization may require changes to the traditional business model of central banks. This paper focuses on retail payments, where changes are being rapid and highly demanded by customers worldwide. Considering...

Artículo de revista ; Facing the challenges and leveraging the opportunities from digitalization may require changes to the traditional business model of central banks. This paper focuses on retail payments, where changes are being rapid and highly demanded by customers worldwide. Considering...

En este artículo se analiza el impacto de la digitalización en la estructura del sistema bancario europeo. La reciente ola de innovación financiera, basada en las oportunidades generadas por la digitalización en términos de nuevos productos y servicios, se ha originado principalmente fuera...

This article discusses the impact of digitalisation on the structure of the European banking system. The recent wave of financial innovation, based on the opportunities created by digitalisation in terms of new products or new services, has come mostly from outside the incumbent banking system....

Artículo de revista ; The growth of crypto-assets in recent years, their potential use as a means of exchange or saving, and their possible risks to financial stability, arising, among other things, from their interconnections with the banking sector, have drawn the attention of national and...

Artículo de revista ; El crecimiento de los criptoactivos en los últimos años, su potencial uso como medio de cambio o de ahorro y sus posibles riesgos para la estabilidad financiera derivados, entre otros, de sus interconexiones con el sector bancario han exigido la atención de las...