The consequences of electronic trading, payment and settlement have recently become one of the main topics in monetary economics. New innovations in payment and settlement technology are challenging the central bank's monopoly over the supply of base money, which is generally considered the...

There has been a financial revolution lead by technology firms over the past decade. Many large established technology giants, from Google, Apple to Amazon in the U.S. are entering the financial service industry. Smaller start-ups, in particular robotic advisors, a.k.a. robo-advisors, have been...

There has been a financial revolution lead by the technology firms over the past decade. Many large established technology giants, from Google, Apple to Amazon in the U.S. are entering the financial service industry. Smaller start-ups, in particular robotic advisors, a.k.a. robo-advisors, have...