The more sources are connected to the network, the more detailed credit knowledge becomes the more useful it become for risk-management purposes. E. Regulatory and supervisory initiatives – policy actions Given the dispersion of sources, the need for the integration of credit markets raises questions on how to measure over-indebtedness and assess household creditworthiness in similar ways.
Ladies and Gentlemen, Additionally, during these testing times, new risks are surfacing with the sudden accelerated digital transformation of the banking sector spurred by the pandemic. Mobile payment applications, digital banking, data analytics, artificial intelligence as well as unprecedented largescale remote working are impacting IT resources and are giving rise to cybersecurity risks.