Digital currencies and fintech

• April 19, 2017

  Panel: International Monetary Fund

  

  

  FinTech and the Transformation of Financial Services — Senior Deputy Governor Carolyn A. Wilkins participates in a panel discussion at the International Monetary Fund (IMF).

  Content Type(s): Press, Speeches and appearances, Webcasts Topic(s): Digital currencies and fintech

• The Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods: Calibration for Single-Location Retailers

  Technical Report No. 109 Heng Chen, Rallye Shen

  Calibrated weights are created to (a) reduce the nonresponse bias; (b) reduce the coverage error; and (c) make the weighted estimates from the sample consistent with the target population in terms of certain key variables.

  Content Type(s): Staff research, Technical reports Topic(s): Digital currencies and fintech, Econometric and statistical methods JEL Code(s): C, C8, C81, C83

• The Costs of Point-of-Sale Payments in Canada

  Staff Discussion Paper 2017-4 Anneke Kosse, Heng Chen, Marie-Hélène Felt, Valéry Dongmo Jiongo, Kerry Nield, Angelika Welte

  Using data from our 2014 cost-of-payments survey, we calculate resource costs for cash, debit cards and credit cards. For each payment method, we examine the total cost incurred by consumers, retailers, financial institutions and infrastructures, the Royal Canadian Mint and the Bank of Canada.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Bank notes, Digital currencies and fintech, Financial institutions, Payment clearing and settlement systems JEL Code(s): D, D1, D12, D2, D23, D24, E, E4, E41, E42, G, G2, G21, L, L2
• March 15, 2017

  IMF Managing Director Welcomes Establishment of High Level Advisory Group on FinTech

  This press release, issued by the International Monetary Fund, announces the creation of the High Level Advisory Group on FinTech. Bank of Canada Senior Deputy Governor Carolyn A. Wilkins is among the members of the new advisory group.

  Content Type(s): Press, Press releases Topic(s): Digital currencies and fintech
• February 21, 2017

  The Potential for FinTech to Transform the Financial System in Canada

  Remarks Carolyn A. Wilkins Ottawa, Ontario

  Comments to the Competition Bureau of Canada.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Digital currencies and fintech

• Canadian Bank Notes and Dominion Notes: Lessons for Digital Currencies

  Staff Working Paper 2017-5 Ben Fung, Scott Hendry, Warren E. Weber

  This paper studies the period in Canada when both private bank notes and government-issued notes (Dominion notes) were simultaneously in circulation. Because both of these notes shared many of the characteristics of today's digital currencies, the experience with these notes can be used to draw lessons about how digital currencies might perform.

  Content Type(s): Staff research, Staff working papers Topic(s): Bank notes, Digital currencies and fintech, Financial services JEL Code(s): E, E4, E41, E42, E5, E58