The Digital Banking Revolution
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The Digital Banking Revolution
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Author : Luigi Wewege
language : en
Publisher: Lulu.com
Release Date : 2017-01-16
The Digital Banking Revolution written by Luigi Wewege and has been published by Lulu.com this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-16 with categories.
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.
The Digital Banking Revolution
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Author : Luigi Wewege
language : en
Publisher: Scribl
Release Date : 2017-02-14
The Digital Banking Revolution written by Luigi Wewege and has been published by Scribl this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-02-14 with Business & Economics categories.
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.
The Digital Banking Revolution
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Author : Luigi Wewege
language : en
Publisher: Walter de Gruyter GmbH & Co KG
Release Date : 2019-12-02
The Digital Banking Revolution written by Luigi Wewege and has been published by Walter de Gruyter GmbH & Co KG this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-12-02 with Business & Economics categories.
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.
The Digital Banking Revolution Second Edition
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Author : Luigi Wewege
language : en
Publisher: Lulu.com
Release Date : 2017-05-27
The Digital Banking Revolution Second Edition written by Luigi Wewege and has been published by Lulu.com this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-05-27 with Business & Economics categories.
How FinTech companies are rapidly transforming the traditional retail banking industry through disruptive financial innovation.
The Digital Banking Revolution
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Author : Luigi Wewege
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2017-05-26
The Digital Banking Revolution written by Luigi Wewege and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-05-26 with categories.
For many years, retail banks have been secure, highly profitable businesses. However, recent industry disruption has come knocking at the door of these financial giants. The turning point was the global financial crisis experienced between the years 2007 and 2009 which not only led to large losses, and even the collapse of a significant number of established banks, but has shaken the trust of financial customers worldwide to their core. These factors, combined with the fact that banking has been relatively undisturbed for centuries, meant it was time for change, and that change has been the rapid rise of financial technology companies. Emergent innovative financial technologies are profoundly changing the way in which we spend, move and manage our money, unlike ever before. The digital transformation and its pace of change have been truly astounding, dramatically shifting customer behaviors and expectations of their financial service provider. Retail banks must now become positioned to fulfill their customers' every financial need, especially as the millennial generation is poised to soon command the largest purchasing power of any age group, and banks will need to become cognizant of this generation for a multitude of reasons.
The Digital Banking Revolution
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Author : Luigi Wewege
language : en
Publisher:
Release Date : 2017
The Digital Banking Revolution written by Luigi Wewege and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
Digital Banking Revolution And Financial Innovation
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Author : Elian Harvey
language : en
Publisher: Willford Press
Release Date : 2023-09-19
Digital Banking Revolution And Financial Innovation written by Elian Harvey and has been published by Willford Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-09-19 with Business & Economics categories.
Digital banking refers to a type of banking conducted through digital platforms, which eliminates the need of any paperwork such as demand drafts, cheques, or pay-in slips. It entails the digitization of maximum number of traditional banking operations, products, and procedures in order to serve consumers through online channels. The development of new products, services, financial instruments, markets, and institutions is referred to as financial innovation. Lately, varieties of financial innovations have taken place in terms of financial instruments, technology, and payment systems. Financial innovations encompass the technological advancements, which are helping banks broaden their services and satisfy the new expectations of their customers. This book presents researches and studies performed by experts across the globe on digital banking revolution and financial innovation. It will also provide interesting topics for research, which interested readers can take up. Those in search of information to further their knowledge will be greatly assisted by this book.
The Digital Revolution In Banking
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Author : Gail Kelly
language : en
Publisher:
Release Date : 2014
The Digital Revolution In Banking written by Gail Kelly and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Banks and banking categories.
The Technological Revolution In Financial Services
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Author : Michael R. King
language : en
Publisher: University of Toronto Press
Release Date : 2020
The Technological Revolution In Financial Services written by Michael R. King and has been published by University of Toronto Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with Business & Economics categories.
Industry specialists and thought leaders explain how financial services will evolve in the coming decade in response to heightened regulation, technological disruption, and changing demographics.
The End Of Banking
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Author : Jonathan McMillan
language : en
Publisher: Zero/One Economics Gmbh
Release Date : 2014
The End Of Banking written by Jonathan McMillan and has been published by Zero/One Economics Gmbh this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Banks and banking categories.
In this thought-provoking book, Jonathan McMillan dissects banking to reveal its inner workings. He cuts through the complexity of modern finance and explains how banking almost crashed our financial system. Banking is broken, and McMillan reveals why we can no longer fix it. The digital revolution turns out to be the game changer that calls for the end of banking. But McMillan refrains from merely pointing out flaws. Building on economic research and a rigorous analytical approach, he goes on to provide an innovative blueprint for a modern financial system. The End of Banking transforms our understanding of the financial system. It identifies the root cause of today's problems with banking and presents a solution that stands out against existing reform proposals.