Fintech

Financial markets have inherent instability. Daniel Dăianu considers the role of AI but finds it hard to imagine a complete replacement of human judgment in monetary policy

The ECB’s Governing Council has decided to proceed with the ‘preparation phase’. Ulrich Bindseil, Piero Cipollone and Jürgen Schaaf focus on the debate around the impact of a digital euro on bank funding

Payments are a vital part of the global and interconnected financial ecosystem. Michelle Bowman considers the evolving payments landscape

The payments system is being transformed. Piero Cipollone argues that central banks need to be at the vanguard of digital transformation to ensure financial stability

Financial risk models are critical for the operation of financial institutions and financial regulations. Jon Danielsson argues that measuring systemic financial risk needs to acknowledge the changed behaviour...