Digital Transformation in Financial Services

Digital Transformation in Financial Services
Title Digital Transformation in Financial Services PDF eBook
Author Claudio Scardovi
Publisher Springer
Pages 242
Release 2017-09-04
Genre Business & Economics
ISBN 3319669451

Download Digital Transformation in Financial Services Book in PDF, Epub and Kindle

This book analyzes the set of forces driving the global financial system toward a period of radical transformation and explores the transformational challenges that lie ahead for global and regional or local banks and other financial intermediaries. It is explained how these challenges derive from the newly emerging post-crisis structure of the market and from shadow and digital players across all banking operations. Detailed attention is focused on the impacts of digitalization on the main functions of the financial system, and particularly the banking sector. The author elaborates how an alternative model of banking will enable banks to predict, understand, navigate, and change the external ecosystem in which they compete. The five critical components of this model are data and information mastering; effective use of applied analytics; interconnectivity and “junction playing”; development of new business solutions; and trust and credibility assurance. The analysis is supported by a number of informative case studies. The book will be of interest especially to top and middle managers and employees of banks and financial institutions but also to FinTech players and their advisers and others.

Digital Transformation and the Economics of Banking

Digital Transformation and the Economics of Banking
Title Digital Transformation and the Economics of Banking PDF eBook
Author Piotr Łasak
Publisher Taylor & Francis
Pages 245
Release 2023-11-07
Genre Business & Economics
ISBN 1000993280

Download Digital Transformation and the Economics of Banking Book in PDF, Epub and Kindle

The book provides deep insight into the processes of digital transformation of banking according to economic, institutional, and social dimensions. Together with the transformation of incumbent banks, the processes result in changes in the scope of existing banking services. Moreover, new entities (FinTech firms) partner with incumbent banks and reshape the banking sector and its financial environment. The far-reaching transformation of banks and the banking sectors is accompanied by some institutional and socioeconomic processes. Regarding institutional processes, the book provides insight into the digitalization of the banking sector from a legal point of view. Traditionally, banking is strongly regulated by norms and rules and this status should be maintained when new entities are entering the sector and/or when new technological solutions contribute to the provision of banking services. Regarding socioeconomic processes, it must be highlighted that digitalization is exerting a powerful impact on societies. One significant example, among others, is the increase in the financial inclusion of disadvantaged groups (especially customers either underserved by the traditional financial sector or unbanked). The socioeconomic aspect, however, has a much greater dimension and its selected aspects are described in this book. The principal audience of the book will be scholars in the fields of banking and finance, but also other related disciplines in the social sciences that are of particular relevance to the banking sector’s digital transformation. This includes legal science, management, and psychology. The book also targets professionals in the financial industry interested in the impact of new financial technologies on banking sectors and bank services, particularly with a main focus on legal and socioeconomic dimensions.

Digital Transformation and the Economics of Banking

Digital Transformation and the Economics of Banking
Title Digital Transformation and the Economics of Banking PDF eBook
Author Piotr Łasak
Publisher
Pages 0
Release 2023-11
Genre Banks and banking
ISBN 9781003340454

Download Digital Transformation and the Economics of Banking Book in PDF, Epub and Kindle

"The book provides deep insight into the processes of digital transformation of banking according to economic, institutional, and social dimensions. Together with the transformation of incumbent banks, the processes result in changes in the scope of existing banking services. Moreover, new entities (FinTech firms) partner with incumbent banks and reshape the banking sector and its financial environment. The far-reaching transformation of banks and the banking sectors is accompanied by some institutional and socioeconomic processes. Regarding institutional processes, the book provides insight into the digitalization of the banking sector from a legal point of view. Traditionally, banking is strongly regulated by norms and rules and this status should be maintained when new entities are entering the sector and/or when new technological solutions contribute to the provision of banking services. Regarding socioeconomic processes, it must be highlighted that digitalization is exerting a powerful impact on societies. One significant example, among others, is the increase in the financial inclusion of disadvantaged groups (especially customers either underserved by the traditional financial sector or unbanked). The socioeconomic aspect, however, has a much greater dimension and its selected aspects are described in this book. The principal audience of the book will be scholars in the fields of banking and finance, but also other related disciplines in the social sciences that are of particular relevance to the banking sector's digital transformation. This includes legal science, management, and psychology. The book also targets professionals in the financial industry interested in the impact of new financial technologies on banking sectors and bank services, particularly with a main focus on legal and socioeconomic dimensions"--

The Impact of Digital Transformation and FinTech on the Finance Professional

The Impact of Digital Transformation and FinTech on the Finance Professional
Title The Impact of Digital Transformation and FinTech on the Finance Professional PDF eBook
Author Volker Liermann
Publisher Springer Nature
Pages 424
Release 2019-10-02
Genre Business & Economics
ISBN 3030237192

Download The Impact of Digital Transformation and FinTech on the Finance Professional Book in PDF, Epub and Kindle

This book demystifies the developments and defines the buzzwords in the wide open space of digitalization and finance, exploring the space of FinTech through the lens of the financial services professional and what they need to know to stay ahead. With chapters focusing on the customer interface, payments, smart contracts, workforce automation, robotics, crypto currencies and beyond, this book aims to be the go-to guide for professionals in financial services and banking on how to better understand the digitalization of their industry.​ The book provides an outlook of the impact digitalization will have in the daily work of a CFO/CRO and a structural influence to the financial management (including risk management) department of a bank.

Banks and Banking: Digital Transformation and the Hype of Fintech. Business Impact, New Frameworks and Managerial Implications

Banks and Banking: Digital Transformation and the Hype of Fintech. Business Impact, New Frameworks and Managerial Implications
Title Banks and Banking: Digital Transformation and the Hype of Fintech. Business Impact, New Frameworks and Managerial Implications PDF eBook
Author Anna Omarini
Publisher
Pages
Release 2019
Genre Business & Economics
ISBN 9788838695445

Download Banks and Banking: Digital Transformation and the Hype of Fintech. Business Impact, New Frameworks and Managerial Implications Book in PDF, Epub and Kindle

The Economics of Fintech

The Economics of Fintech
Title The Economics of Fintech PDF eBook
Author Sahoko Kaji
Publisher Springer Nature
Pages 210
Release 2021-02-20
Genre Business & Economics
ISBN 9813349131

Download The Economics of Fintech Book in PDF, Epub and Kindle

This book is a collection of academic lectures given on fintech, a topic that has been written about extensively but only from a business or technological point of view. In contrast to other publications on the subject, this book shows the reader how fintech should be understood in relation to economics, financial theory, policy, and law. It provides introductory explanations on fintech-related concepts and instruments such as blockchains, crypto assets, machine learning, high-frequency trading, and AI. The collected lectures also point to surrounding issues including start-ups, monetary policy, asset management, cyber and other security, and stability of financial systems. The authors include professors, a former central bank official, current officials at Japan’s Financial Services Authority, a lawyer, the former dean of the Asian Development Bank Institute, and private sector professionals at the frontline of fintech. The book is most suitable for those both within and outside of academia who are beginning to learn about fintech and wish to successfully take part in the revolution that is certain to have wide-ranging effects on our economy and society.

Financial Management In The Digital Economy

Financial Management In The Digital Economy
Title Financial Management In The Digital Economy PDF eBook
Author David Kuo Chuen Lee
Publisher World Scientific
Pages 180
Release 2021-12-02
Genre Business & Economics
ISBN 9811230021

Download Financial Management In The Digital Economy Book in PDF, Epub and Kindle

Financial Management in the Digital Economy adopts an integrated approach to synthesize the various areas in finance into a consolidated framework and implements the theories and practices in the world of digital economy. The first part of this book extends the fundamentals of asset management to digital assets, and also covers topics like cryptocurrency and blockchain technology. The next part of the volume discusses the concept of financial inclusion, digital innovations and technology-enabled business model innovations in the financial sector.This book reviews the finance and FinTech ecosystem to provide insights into the most important technological developments in the financial services to better understand the future trends, challenges as well as opportunities for both the incumbents and the start-ups in the fast-changing finance world.