IDEAS home Printed from https://ideas.repec.org/a/bde/revist/y2022i5n1.html
   My bibliography  Save this article

Digitalisation and banking: new risks and three scenarios for the European banking system of the future

Author

Listed:
  • Thorsten Beck
  • Antonio Sánchez

Abstract

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 del sistema bancario tradicional. La forma que tengan los nuevos proveedores de servicios financieros (fintech y bigtech) de competir o colaborar con la banca tradicional podría afectar sustancialmente a la intermediación financiera. Como consecuencia, los riesgos financieros podrían desplazarse parcialmente del sector bancario, al tiempo que aumentaría la relevancia de los riesgos no financieros. Para poder definir mejor una estrategia de respuesta por parte de las autoridades, hemos considerado tres escenarios para el futuro sistema bancario europeo: i) la banca tradicional mantiene su dominio; ii) la banca tradicional reduce su presencia, y iii) se introducen las monedas digitales de bancos centrales en los pagos minoristas conforme a determinadas especificaciones.

Suggested Citation

  • Thorsten Beck & Antonio Sánchez, 2022. "Digitalisation and banking: new risks and three scenarios for the European banking system of the future," Revista de Estabilidad Financiera, Banco de España, issue Primavera.
    • Handle: RePEc:bde:revist:y:2022:i:5:n:1
    Note: 42
    as

    Download full text from publisher

    File URL: https://www.bde.es/f/webbde/GAP/Secciones/Publicaciones/InformesBoletinesRevistas/RevistaEstabilidadFinanciera/22/1_REF42_Banking.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bde:revist:y:2022:i:5:n:1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/bdegves.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.