Dr Andreas Dombret of Deutsche Bundesbank gave a speech at the 2015 Bavarian Financial Summit in which he states that a financial system should be judged in terms of how well it serves people and the real economy.

He urges banks to help shape digitalisation by offering innovative and sound products, which require them to reinvent themselves in order to make the banking sector more stable and resilient.  In his eyes, an important factor is to always bear in mind the individual needs of the customer in order to develop sound products with long-term added value.  He also reminds regulators and supervisors that without paying attention to digital change, they cannot supervise the banking industry in a risk-appropriate manner and encourages them to look to new ideas and developments without prejudice.