ABA is pleased to convey an invitation from the Bank for International Settlements (BIS) for ABA members to join a voluntary qualitative survey of financial market participants, including banks, nonbank financial institutions and fintech firms. The survey will be a part of the Geneva Report on The World Economy to be published in October 2019.
The Geneva Report has been published every year since 1999 by the Centre for Economic Policy Research (CEPR) and is commissioned by the International Center for Monetary and Banking Studies (ICMB), a research foundation affiliated to the Graduate Institute of International and Development Studies in Geneva.
Featuring the topic of “the future of banking,” this year’s report will consider how advances in information technology are changing the landscape of financial services provision and how those advances may be changing the optimal scale of banks. It will also consider whether banks traditional advantages of funding through deposits and information gathering area being eroded by the presence of market-based institutions with access to cheap funds and e-commerce platforms and by big tech firms with large established networks, which by analysing purchase and payments patterns, can gauge users’ creditworthiness.
This short survey (which should take no more than 10 minutes) seeks to gather responses about technology disruption in financial services, and its impact on competition, product offering and pricing, and developments in financial institutions’ relationships with customers.
To obtain the link to the 10-minutes survey please write to firstname.lastname@example.org or contact email@example.com.
The authors would greatly appreciate receiving the responses by 5 August 2019.