Author: Ernesto BorbónPublisher:
ISBN:
Category :
Languages : en
Pages : 156
Book Description
The Effects of Technology in Retail Banking
Author: Ernesto BorbónThe Effects of Electronic Technology on Retail Banking in the United States
Author: Krista DudekPublisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages :
Book Description
The Digital Banking Revolution
Author: Luigi WewegePublisher: Walter de Gruyter GmbH & Co KG
ISBN: 1547401613
Category : Business & Economics
Languages : en
Pages : 138
Book Description
Emergent innovative financial technologies are profoundly changing the way in which we spend, move and manage our money, unlike ever before, and traditional retail banks are facing stiff competition. The global financial crisis in 2007–2009 led to large losses, and even the collapse of a significant number of established banks shaking the trust of financial customers worldwide. The Digital Banking Revolution is an insightful look at how financial technology and the rapid rise of financial technology companies have brought welcome changes offering flexibility to the banking industry. The book offers a unique perspective on the consumerization of retail banking services. It delves into the many changes that financial innovations have brought about in banking, the main financial disruptors, the new era of "banking on the go," and financial innovations from countries around the world before concluding with a discussion on the future of banking including optimizing structures, new strategies for business outcomes, and human resources in the digital era.
Effects of Information Technology on Financial Services Systems
Author: Publisher: DIANE Publishing
ISBN: 1428923675
Category : Banks and banking
Languages : en
Pages : 280
Book Description
The Digital Banking Revolution
Author: Luigi WewegePublisher: Scribl
ISBN: 1365685888
Category : Business & Economics
Languages : en
Pages : 108
Book Description
Over the past decade financial service innovations have contributed to a completely new way in which customers can bank, threatening the status quo of traditional retail banks, and redefining a banking model which has been in place for generations. These new technological advancements have facilitated the rapid emergence of digital banking firms and FinTech companies, leading to established banks being forced to swiftly increase their pace of digital adoption to stay relevant and stop mass client attrition to these agile financial start-ups. These threats come at an inopportune time for banks due to mature markets currently experiencing stagnant growth. This coupled with decreasing profit margins due to the competitive pricing of new entrants, and financial customer loyalty becoming ever increasingly more tenuous.
Effects of Information Technology on Financial Services Systems
Author: Technological Innovation in Retail Finance
Author: Bernardo Batiz-LazoPublisher: Routledge
ISBN: 113688453X
Category : Business & Economics
Languages : en
Pages : 336
Book Description
In this edited volume the editors highlight the relative importance of European actors in the globalization of technological change by documenting developments in France, Germany, Great Britain, The Netherlands, Spain and Sweden. Developments in Europe sit side by side with those in Mexico and the USA.
Fintech
Author: International Monetary FundPublisher: International Monetary Fund
ISBN: 1498321860
Category : Business & Economics
Languages : en
Pages : 73
Book Description
The paper finds that while there are important regional and national differences, countries are broadly embracing the opportunities of fintech to boost economic growth and inclusion, while balancing risks to stability and integrity.
Effects of Information Technology on Financial Services Systems
Author: How are Recent Technology Developments Affecting Retail Banking Business
Author: Samuel B. BulmashPublisher:
ISBN:
Category :
Languages : en
Pages : 54
Book Description
By the beginning of the 21 century, banks and thrifts have provided only 19% of the economy's credit, compared to 26% in 1990 and 40% in 1980. The increase in the role of nonblank credit is coinciding with the technological innovations that transformed the financial services industry in the last 20 years and some studies have suggested a causality effect from technology to the transformation of the latter. While enabling a greater variety of services and improved productivity, technology poses challenges to society since nonblank are often less regulated, compared to depository institutions. As noted in recent studies, despite the free spillovers of information, technology has the potential to increase monopolistic powers of institutions that develop advantages in the use of propriety information and technology.