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Revolutionizing Customer-Centric Banking Through ICT

Revolutionizing Customer-Centric Banking Through ICT
Author: Singh, Dharmendra
Publisher: IGI Global
Total Pages: 322
Release: 2024-04-16
Genre: Business & Economics
ISBN:

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Many developing countries face a significant challenge: their population needs access to essential financial services. This financial exclusion limits their ability to save, invest, and participate fully in the economy. Despite the rapid advancements in information and communication technology (ICT), millions of people remain underserved by traditional banking systems. Revolutionizing Customer-Centric Banking Through ICT addresses this critical issue by exploring how ICT innovations can revolutionize financial services in developing countries. By offering a comprehensive review of digital transformation in banking, the book highlights the potential of mobile banking, digital payment systems, and blockchain technology to bridge the financial inclusion gap. It showcases real-world examples and cutting-edge strategies, motivating entrepreneurs, financial institutions, and policymakers to embrace technology-driven financial solutions. The book also aims to educate readers about the transformative impact of ICT on financial services, empowering them to make informed decisions to enhance their economic well-being.


New Business Frontiers in the Metaverse

New Business Frontiers in the Metaverse
Author: Inder, Shivani
Publisher: IGI Global
Total Pages: 317
Release: 2024-05-13
Genre: Business & Economics
ISBN:

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The metaverse has emerged as an influential force, beckoning entrepreneurs to navigate uncharted territories. Platform and gaming companies strategically position themselves to take advantage of the metaverse's potential, indicating that this shift transcends mere trendiness. The metaverse isn't confined to the realms of conceptuality or viral discussions anymore—it signifies a monumental revolution poised to reshape society and humanity at large. As entrepreneurs fervently adopt artificial intelligence, an unprecedented wave of creativity ensues, redefining the very fabric of business. Yet, with this surge comes a cascade of myths and challenges that shape the metaverse's entrepreneurial landscape, spanning technological intricacies, cultural dynamics, and ethical considerations. The book, titled New Business Frontiers in the Metaverse, aims to demystify the metaverse's complexities. Moving beyond the speculative buzz surrounding the metaverse, the book unfolds as a dynamic exploration of the relationship between entrepreneurship and this digital frontier. By addressing the myths and challenges head-on, it seeks to provide a comprehensive understanding of the dimensions that entrepreneurs will confront in the metaverse. Through an exploration of integrated technologies like NFTs, Web 4.0, augmented reality, virtual reality, and mixed reality, the book offers a unique perspective on how these innovations intertwine to shape the metaverse's entrepreneurial landscape.


Bank 2.0

Bank 2.0
Author: Brett King
Publisher: Marshall Cavendish International Asia Pte Ltd
Total Pages: 400
Release: 2010-06-05
Genre: Business & Economics
ISBN: 9814312665

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BANK 2.0 reveals why customer behaviour is so rapidly changing, how branches will evolve, why cheques are disappearing, and why your mobile phone will replace your wallet—all within the next 10 years.


Revolutionizing Financial Services and Markets Through FinTech and Blockchain

Revolutionizing Financial Services and Markets Through FinTech and Blockchain
Author: Mehta, Kiran
Publisher: IGI Global
Total Pages: 362
Release: 2023-07-20
Genre: Business & Economics
ISBN: 1668486261

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The financial services sector experiences millions of transactions representing billions of dollars every day, with security, transparency, and cost-efficiency being top priorities. Blockchain usage is increasing in the financial services sector; it is a breakthrough that has changed the global financial system, making it safer and more efficient. Revolutionizing Financial Services and Markets Through FinTech and Blockchain explores the application of blockchain technology within financial services and financial markets. Covering topics such as blockchain technology, e-finance applications, and financial product innovation, this book is ideal for academicians, investment institutions, asset management professionals, consultants, and more.


Artificial Intelligence in Banking

Artificial Intelligence in Banking
Author: Introbooks
Publisher:
Total Pages: 50
Release: 2020-04-07
Genre:
ISBN:

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In these highly competitive times and with so many technological advancements, it is impossible for any industry to remain isolated and untouched by innovations. In this era of digital economy, the banking sector cannot exist and operate without the various digital tools offered by the ever new innovations happening in the field of Artificial Intelligence (AI) and its sub-set technologies. New technologies have enabled incredible progression in the finance industry. Artificial Intelligence (AI) and Machine Learning (ML) have provided the investors and customers with more innovative tools, new types of financial products and a new potential for growth.According to Cathy Bessant (the Chief Operations and Technology Officer, Bank of America), AI is not just a technology discussion. It is also a discussion about data and how it is used and protected. She says, "In a world focused on using AI in new ways, we're focused on using it wisely and responsibly."


Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance
Author: El Bachir Boukherouaa
Publisher: International Monetary Fund
Total Pages: 35
Release: 2021-10-22
Genre: Business & Economics
ISBN: 1589063953

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This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.


Yes, Africa Can

Yes, Africa Can
Author: Punam Chuhan-Pole
Publisher: World Bank Publications
Total Pages: 497
Release: 2011-06-24
Genre: Business & Economics
ISBN: 0821387456

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Takes an in-depth look at twenty-six economic and social development successes in Sub-Saharan African countries, and addresses how these countries have overcome major developmental challenges.


Sustainable Development: Concepts, Methodologies, Tools, and Applications

Sustainable Development: Concepts, Methodologies, Tools, and Applications
Author: Management Association, Information Resources
Publisher: IGI Global
Total Pages: 1725
Release: 2017-10-31
Genre: Science
ISBN: 1522538186

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To maintain a healthy ecosystem for contemporary society, and for future generations, policies must be implemented to protect the environment. This can be achieved by consistent evaluation of new initiatives and strategies. Sustainable Development: Concepts, Methodologies, Tools, and Applications is a comprehensive source of scholarly information on the latest research for sustainability concerns across a multidisciplinary perspective. Highlighting a broad range of innovative topics such as renewable energy, urban development, and green technologies, this multi-volume book is ideally designed for academics, researchers, professionals, students, and practitioners interested in the preservation of the environment.


Arbitration in the Digital Age

Arbitration in the Digital Age
Author: Maud Piers
Publisher: Cambridge University Press
Total Pages: 328
Release: 2018-01-25
Genre: Law
ISBN: 1108287174

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Arbitration in the Digital Age analyses how technology can be efficiently and legitimately used to further sound arbitration proceedings. The contributions, from a variety of arbitration scholars, report on current developments, predict future trends, and assesses their impact from a practical, legal, and technical point of view. The book also discusses the relationship between arbitration and the Internet and analyses how social media can affect arbitrators and counsel's behaviour. Furthermore, it analyses the validity of electronic arbitration and awards, as well as Online Arbitration (OArb). The volume establishes, on a very practical level, how technology could be used by arbitration institutions, arbitrators, parties to an arbitration and counsel. This book will be of special interest to arbitrators and lawyers involved in international commercial arbitration.


Fintech

Fintech
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 73
Release: 2019-06-27
Genre: Business & Economics
ISBN: 1498321860

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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.