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Financial Inclusion and Financial Stability : Current Policy Issues

Hannig, Alfred - 2011

small volumes. Although this profile may raise some concerns regarding reputational risks for the central bank and consumer …

Persistent link: https://www.econbiz.de/10013132039

The Dodd-Frank Act's Expansion of State Authority to Protect Consumers of Financial Services

Wilmarth, Arthur E. - 2011

Persistent link: https://www.econbiz.de/10013122247

Regulatory Arbitrage in a FinTech World : Devising an Optimal EU Regulatory Response to Crowdlending

Ahern, Deirdre M. - 2018

The article begins by addressing central definitional and taxonomical issues for crowdlending (also known as peer-to-peer lending) as an evolving species of debt-based crowdfunding within the FinTech industry. It considers the regulatory tension between facilitating growth of the crowdlending...

Persistent link: https://www.econbiz.de/10012921471

Fintech and Banking. Friends or Foes?

Navaretti, Giorgio Barba - 2018

We examine the impact of Fintech on banks. Digital innovations and technology based business models could provide new business opportunities for incumbents, by transforming how they create value and deliver products and services. Or they could disrupt the existing structure of the financial...

Persistent link: https://www.econbiz.de/10012930688

Regulatory lag, regulatory friction and regulatory transition as fintech disenablers : calibrating an EU response to the regulatory sandbox phenomenon

Ahern, Deirdre - 2021

With transformative evolution involving crypto-assets, machine learning applications and data-driven finance models, complex regulatory and policy issues are emerging. Inadequate frameworks in FinTech markets create regulatory friction and regulatory fragmentation. These limitations continue to...

Persistent link: https://www.econbiz.de/10012642449

Safe payments

Chiu, Jonathan; Davoodalhosseini, Seyed Mohammadreza; … - 2020 - Last updated: December 10, 2020

We use a simple model to study whether private payment systems based on bank deposits can provide the optimal level of … safety. In the model, bank deposits backed by projects are subject to default risk that can be mitigated by a depositor's ex … ante and ex post monitoring. Safe payment instruments issued by a narrow bank can also be used as a back-up payment system …

Persistent link: https://www.econbiz.de/10012388751

An economic perspective on payments migration

Kosse, Anneke; Lu, Zhentong; Xerri, Gabriel - 2020 - Last updated: June 5, 2020

Canada is in the midst of developing three new core payment systems: Lynx, Settlement Optimization Engine (SOE) and Real-Time Rail (RTR). Lynx and SOE will replace the current Large Value Transfer System (LVTS) and Automated Clearing Settlement System (ACSS), whereas RTR will be a new...

Persistent link: https://www.econbiz.de/10012243367

Financial sector competition, service trade, and growth

Francois, Joseph F.; Eschenbach, Felix - 2002

competition/performance and financia1 sector openness (meaning foreign bank access to domestic markets), and between growth and …

Persistent link: https://www.econbiz.de/10011327533

Financial Sector Competition, Services Trade, and Growth

Francois, Joseph F.; Eschenbach, Felix - 2002

competition/performance and financial sector openness (meaning foreign bank access to domestic markets), and between growth and …

Persistent link: https://www.econbiz.de/10014107416

Trade in financial services : procompetitive effects and growth performance

Francois, Joseph F.; Schuknecht, Lutger - 1999 - Rev.

In this paper we explore linkages between financial services tradeand growth. We offer aformalization of the argument that trade, through the fostering offinancial market integration,may yield important long-run effects related to increasedcompetition. The relationshipsformalized here link...

Persistent link: https://www.econbiz.de/10011301163