Artículo de revista ; Distributed ledger technology is attracting the attention of the financial sector, both owing to its use in transactions with crypto-assets and to the proliferation of initiatives which have the potential to increase the efficiency, transparency, speed and resilience of...

Artículo de revista ; In scarcely two decades, the People’s Republic of China has become one of the most prominent countries in the FinTech field. This has been the result of a singular set of factors, including most notably the structural shortcomings of China’s financial system, the...

Artículo de revista ; The use of artificial intelligence tools has escalated recently in all sectors of the economy owing, among other factors, to the growing volume of digital data and higher computational capacity. Major benefits may be reaped from applying these tools to the provision of...

Information systems play a critical role in the functioning of financial institutions. While supporting their services and enabling their strategies, underlying vulnerabilities could pose an important source of risk: cyber risk. This may impair financial institutions’ operational capabilities...

In recent years, payment systems have benefited from technological developments that have accelerated their evolution and adaptation to user needs. Payment systems ultimately depend on central bank money, and the debate about the advisability of updating the different ways of representing this...

Artículo de revista

Artículo de revista

Artículo de revista ; We study the sensitivity of bank profits and balance sheet structure to changes in the level of interest rates in Spain during the 2000-2016 period. Autoregressive distributed lag (ARDL) models with controls for the business cycle and interest rate levels are estimated for...

Artículo de revista

Artículo de revista ; We study the sensitivity of bank profits and balance sheet structure to changes in the level of interest rates in Spain during the 2000-2016 period. Autoregressive distributed lag (ARDL) models with controls for the business cycle and interest rate levels are estimated for...