The Digital Revolution in Banking, Insurance and Capital Markets

This book approaches the evolution of digital finance from a business perspective and in a holistic way, providing cutting-edge knowledge of how the digital financial system works in its three main domains: banking, insurance and capital markets. It offers a bird’s eye view of the major issues and developments in these individual sectors.

Format: Hardback
Length: 276 pages
Publication date: 22 February 2023
Publisher: Taylor & Francis Ltd

The digital transformation of finance and banking has brought about significant advancements in delivering traditional services in a more efficient and effective manner. However, it has also raised crucial concerns, including the emergence of new asset classes, currencies, datafication, data privacy, algorithmization of law and regulation, and the emergence of new models of financial crime. This comprehensive book explores the evolution of digital finance from a business perspective, providing cutting-edge knowledge of how the digital financial system operates in its three primary domains: banking, insurance, and capital markets. It offers a comprehensive overview of the major issues and developments within these sectors, highlighting the similarities and differences in their digitalization agendas and the existing linkages and dependencies among them.

The book begins by examining the broader framework for the subsequent analysis and proceeds to discuss the opportunities, risks, and challenges associated with the digitalization of these individual financial subsectors. It highlights the strategic issues facing the development of digital finance in these major subsectors over the coming years.

Three key messages emerge from the book: first, digital transformation fundamentally alters the way financial businesses operate; second, individual trades have their digitalization agenda; and third, the state, with its regulatory power, central banking, and money, plays a particularly important role in shaping the development of digital finance.

This book will be of interest to scholars, students, and researchers in finance and banking, as well as policymakers seeking to understand the values and limitations of new forms of digital money. The digital transformation of finance and banking has opened up new opportunities for innovation and growth, but it also requires careful consideration of the associated risks and challenges. By exploring the evolution of digital finance from a business perspective, this book provides valuable insights into the future of financial services and the role that different stakeholders will play in shaping
The digital transformation of finance and banking has brought about significant advancements in delivering traditional services in a more efficient and effective manner. However, it has also raised crucial concerns, including the emergence of new asset classes, currencies, datafication, data privacy, algorithmization of law and regulation, and the emergence of new models of financial crime. This comprehensive book explores the evolution of digital finance from a business perspective, providing cutting-edge knowledge of how the digital financial system operates in its three primary domains: banking, insurance, and capital markets. It offers a comprehensive overview of the major issues and developments within these sectors, highlighting the similarities and differences in their digitalization agendas.

The book begins by examining the broader agenda
The digital transformation of finance and banking has brought about significant advancements in delivering traditional services in a more efficient and effective manner. However, it has also raised crucial concerns, including the emergence of new asset classes, currencies, datafication, data privacy, algorithmization of law and regulation, and the emergence of new models of financial crime. This comprehensive book explores the evolution of digital finance from a business perspective, providing cutting-edge knowledge of how the digital financial system operates in its three primary domains: banking, insurance, and capital markets. It offers a comprehensive overview of the major issues and developments within these sectors, highlighting the similarities and differences in their digitalization agendas and the existing linkages and dependencies among them.

The book begins by examining the broader framework for the subsequent analysis and proceeds to discuss the opportunities, risks, and challenges associated with the digitalization of these individual financial subsectors. It highlights the strategic issues facing the development of digital finance in these major subsectors over the coming years.

Three key messages emerge from the book: first, digital transformation fundamentally alters the way. The digital transformation of finance and banking has brought about significant advancements in delivering traditional services in a more efficient and effective manner. However, it has also raised crucial concerns, including the emergence of new asset classes, currencies, datafication, data privacy, algorithmization of law and regulation, and the emergence of new models of financial crime. This comprehensive book explores the evolution of digital finance from a business perspective, providing cutting-edge knowledge of how the digital financial system operates in its three primary domains: banking, insurance, and capital markets. It offers a comprehensive overview of the major issues and developments within these sectors, highlighting the similarities and differences in their digitalization agendas.

The book begins by examining the broader issues for the subsequent analysis and proceeds to discuss the opportunities, risks, and challenges associated with the digitalization of these individual financial subsectors. It highlights the strategic issues facing the development of digital finance in these major subsectors over the coming years.

Three key messages emerge from the book: first, digital transformation fundamentally alters the way financial businesses operate; second, individual trades have their digitalization agenda; and third, the state, with its regulatory power, central banking, and money, plays a particularly important role in shaping the development of digital finance.

This book will be of interest to scholars, students, and researchers in finance and banking, as well as policymakers seeking to understand the values and limitations of new forms of digital money. The digital transformation of finance and banking has opened up new opportunities for innovation and growth, but it also requires careful consideration of the associated risks and challenges. By exploring the evolution of digital finance from a business perspective, this book provides valuable insights into the future of financial services and the role that different stakeholders will play in shaping the development of digital finance.

Weight: 700g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032315072