Author : Suk-Joong Kim
Publisher : Emerald Group Publishing
Page : 288 pages
File Size : 23,17 MB
Release : 2023-01-17
Category : Business & Economics
ISBN : 1802629491
Volume 22, Fintech, Pandemic, and the Financial System, examines systemic challenges faced by a wide range of financial market participants and the continued disruptions introduced by financial innovations (Fintech).
Author : Ms.Ratna Sahay
Publisher : International Monetary Fund
Page : 83 pages
File Size : 18,2 MB
Release : 2020-07-01
Category : Business & Economics
ISBN : 1513512242
Technology is changing the landscape of the financial sector, increasing access to financial services in profound ways. These changes have been in motion for several years, affecting nearly all countries in the world. During the COVID-19 pandemic, technology has created new opportunities for digital financial services to accelerate and enhance financial inclusion, amid social distancing and containment measures. At the same time, the risks emerging prior to COVID-19, as digital financial services developed, are becoming even more relevant.
Author : Ms.Ratna Sahay
Publisher : International Monetary Fund
Page : 83 pages
File Size : 45,6 MB
Release : 2020-07-01
Category : Business & Economics
ISBN : 1513512242
Technology is changing the landscape of the financial sector, increasing access to financial services in profound ways. These changes have been in motion for several years, affecting nearly all countries in the world. During the COVID-19 pandemic, technology has created new opportunities for digital financial services to accelerate and enhance financial inclusion, amid social distancing and containment measures. At the same time, the risks emerging prior to COVID-19, as digital financial services developed, are becoming even more relevant.
Author : Sabri Boubaker
Publisher : World Scientific
Page : 857 pages
File Size : 24,33 MB
Release : 2022-05-18
Category : Business & Economics
ISBN : 1800610793
The COVID-19 global health pandemic, which started in late December 2019, forced many countries to adopt unusual measures such as social distancing and strict lockdowns. It changed many of our certainties and practices, including the foundations of the market-led version of capitalism, by bringing social and health considerations back to the forefront of firms' considerations, investors' strategies and governments' priorities. Under the effects of this unprecedented crisis, all sectors of finance and real economy have been seriously affected.Health uncertainties and their increasing consequences for human life and activities require stronger and faster actions to shape pathways towards sustainability and better resilience. The COVID-19 health crisis is a visible part of a greater iceberg: the World Health Organization has tracked, over recent years, a large number of epidemic events around the world, suggesting that many other similar diseases could appear and evolve in the future from epidemic to pandemic in a globalized world.Financial Transformations Beyond the COVID-19 Health Crisis was specifically designed to provide the readers with new results, recent findings and future outlook on the impacts of COVID-19 on financial markets, firm behaviors, and finance and investment strategies. It favors multidimensional perspectives and brings together conceptual, empirical and policy-oriented chapters, using quantitative and qualitative methods alike. This is a timely and comprehensive collection of theoretical, empirical and policy contributions from renowned scholars around the world, and provides the thoughts and insights required to rethink the financial sector in the event of new shocks of the same nature.
Author : Thomas Walker
Publisher : Springer Nature
Page : 395 pages
File Size : 19,76 MB
Release : 2023-02-24
Category : Business & Economics
ISBN : 3031230698
This book provides both practice-oriented and academic insights into the disruptive power of fintech for the banking industry. It explores (1) whether and how the banking industry can use newly emerging technologies in the financial sphere to its advantage while managing any associated risks, (2) how these technologies affect traditional banking service formats as well as the pricing of these services, and (3) whether the emergence of fintech in the banking industry calls for a rethinking of existing banking regulations such as the Basel Accords as well as country-specific regulations. Prior publications in this area typically examine both current applications of fintech in the banking industry, as well as its future prospects, by analyzing actual cases or exploring the impact of a single emerging technology on the banking industry. They often ignore the interdependence between emerging technologies and overlook the connection between fintech as a whole and the future of the banking industry. This book addresses this gap by providing a comprehensive overview of various fintech applications and by analyzing what they mean for the future of banking. Given the potentially disruptive power of fintech, the book will focus on the challenges banking supervisors are likely to encounter as a result of fintech’s continual ascent. It will thus encourage readers to think about and explore how to find a balance between the beneficial aspects of fintech and the challenges it creates in terms of supervision, regulation, and risk management.
Author : Anim Akhtar Ali Khan
Publisher :
Page : 116 pages
File Size : 49,86 MB
Release : 2021-06-14
Category :
ISBN :
Fintech, a combination of the words "financial" and "technology" is a relatively new and often nebulous term that applies to any emerging technology that help consumers or financial institutions. Who Should Read This Book Let me assure you, an article or book which is based on the finance industry is always a treat to go through. However, the audience for this book ideally would be people who wish to have in-depth knowledge about Fundacle Fintech product, also people who wish to have a detailed understanding of the Fintech industry. -Any individual/institution who are already using another fintech product. -Businessman / Business Seller / Innovations / Investors / Financial advisors who wish to have step by step usage of Fundacle Fintech product. -Finance college students who wish to be aware of fintech product they wish to use once they go into the real market of the finance industry. -Probable Country Level Joint Venture owners of Fundacle who wish to have a detailed analysis. -Government / Central Bank who wish to deploy Fundacle at country level for regulatory purpose. -Philanthropist who are looking to spread money to the most rightful businesses which have an impact based on their social goals. Socio-economic impact studies measure and monetize the economic, social, environmental and financial costs, benefits for all stakeholders of a project or public policy over its lifetime. By translating the costs and benefits into a monetary unit, socio-economic evaluation allows the following indicators to be derived - -The net creation of collective value (socio-economic NDV) -The socio-economic return -The collective value per US Dollars invested (socio-economic ROI) Fundacle being a Fintech platform that is free for the general public would enhance the current financial ecosystem and fill the gap for global fintech product being the financial networking platform, similarly to Facebook being a platform for social networking.
Author : Adam Marszk
Publisher : Taylor & Francis
Page : 220 pages
File Size : 47,56 MB
Release : 2021-10-10
Category : Business & Economics
ISBN : 1000175030
The book provides deep insight into theoretical and empirical evidence on information and communication technologies (ICT) as an important factor affecting financial markets. It is focused on the impact of ICT on stock markets, bond markets, and other categories of financial markets, with the additional focus on the linked FinTech services and financial institutions. Financial markets shaped by the adoption of the new technologies are labeled ‘digital financial markets’. With a wide-ranging perspective at both the local and global levels from countries at varying degrees of economic development, this book addresses an important gap in the extant literature concerning the role of ICT in the financial markets. The consequences of these processes had until now rarely been considered in a broader economic and social context, particularly when the impact of FinTech services on financial markets is taken into account. The book’s theoretical discussions, empirical evidence and compilation of different views and perspectives make it a valuable and complex reference work. The principal audience of the book will be scholars in the fields of finance and economics. The book also targets professionals in the financial industry who are directly or indirectly linked to the new technologies on the financial markets, in particular various types of FinTech services. Chapters 2, 5 and 10 of this book are available for free in PDF format as Open Access from the individual product page at www.routledge.com. They have been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.
Author : Suk-Joong Kim
Publisher : Emerald Group Publishing
Page : 385 pages
File Size : 48,16 MB
Release : 2023-01-17
Category : Business & Economics
ISBN : 1802629475
Volume 22, Fintech, Pandemic, and the Financial System, examines systemic challenges faced by a wide range of financial market participants and the continued disruptions introduced by financial innovations (Fintech).
Author : Erik Feyen
Publisher : World Bank Publications
Page : 186 pages
File Size : 43,92 MB
Release : 2023-04-03
Category : Business & Economics
ISBN : 1464819157
Fintech—the application of digital technology to financial services—is reshaping the future of finance. Digital technologies are revolutionizing payments, lending, investment, insurance, and other financial products and services—and the COVID-19 pandemic has accelerated this process. Digitalization of financial services and money is helping to bridge gaps in access to financial services for households and firms and is promoting economic development. Improved access to basic financial services translates into better firm productivity and growth for micro and small businesses, as well as higher incomes and resilience to improve the lives of the poor. Technology can lower transaction costs by overcoming geographical access barriers; increasing the speed, security, and transparency of transactions; and allowing for more tailored financial services that better serve consumers, including the poor. Women can especially benefit. Yet too many people and firms still lack access to essential financial services that could help them thrive. It is time for policy makers to embrace fintech opportunities and implement policies that enable and encourage safe financial innovation and adoption. Fintech and the Future of Finance: Market and Policy Implications explores the implications of fintech and the digital transformation of financial services for market outcomes, on the one hand, and regulation and supervision, on the other hand—and how these interact. The report, which provides a high-level perspective for senior policy makers, is accompanied by notes that focus on salient issues for a more technical audience. As the financial sector continues to transform itself, policy trade-offs will evolve, and regulators will need to ensure that market outcomes remain aligned with core policy objectives. Several policy implications emerge. 1. Manage risks, while fostering beneficial innovation and competition. 2. Broaden monitoring horizons and reassess regulatory perimeters. 3. Review regulatory, supervisory, and oversight frameworks. 4. Be mindful of evolving policy trade-offs as fintech adoption deepens. 5. Monitor market structure and conduct to maintain competition. 6. Modernize and open financial infrastructures. 7. Ensure public money remains fit for the digital world. 8. Pursue strong cross-border coordination and sharing of information and best practices.
Author : Allen N. Berger
Publisher : Elsevier
Page : 522 pages
File Size : 21,92 MB
Release : 2023-09-05
Category : Business & Economics
ISBN : 044315273X
The Economic and Financial Impacts of the COVID-19 Crisis Around the World: Expect the Unexpected provides an informed, research-based in-depth understanding of the COVID-19 crisis, its impacts on households, nonfinancial firms, banks, and financial market participants, and the effectiveness of the reactions of governments and policymakers in the United States and around the world. It provides reflections and perspectives on the social costs and benefits of various policies undertaken and a toolkit of preventive measures to deal with crises beyond the COVID-19 crisis. Authors Allen N. Berger, Mustafa U. Karakaplan, and Raluca A. Roman apply their expertise to the research and data on the COVID-19 economic crisis as well as draw on their own rich research experience. They take a holistic approach that compares and contrasts this crisis with other economic and financial crises and assesses economic and financial behavior and government policies in the booms before crises and the aftermaths following them, as well as the crises themselves. They do all this with a keen eye on “Expecting the Unexpected future crises, and policies that might anticipate them and provide better outcomes for society. Serves as a compendium of available research and data on COVID-19, policies in response to the pandemic, and its effects on the real economy, banking sector, and financial markets Contextualizes the COVID-19 economic crisis by comparing it to two other global crises from the past: the Crash of 1929 and the Global Financial Crisis of 2007–2009 Helps illustrate how crises that originate in financial markets and in the banking sector differ from each other as well as from the COVID-19 crisis that harmed the real economy first Compares the policies and outcomes of nations to the COVID-19 pandemic and assesses their costs and benefits, with potential implications for prospective future crises
