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2021 | OriginalPaper | Chapter

8. Digital Disruption: How the Financial Services Landscape Is Being Transformed

Author : Walter Gontarek

Published in: Disruptive Technology in Banking and Finance

Publisher: Springer International Publishing

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Abstract

This chapter presents a practitioner’s perspective on the disruptive power of digitalization in financial services. It outlines the main challenges faced by incumbent financial institutions and considers the adoption of disruptive technologies, including cloud-based computing, APIs and AI. It reports on the digitalization of several financial services sectors before exploring the role of key stakeholders, including the regulator.

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Title: Digital Disruption: How the Financial Services Landscape Is Being Transformed
Author: Walter Gontarek
Publisher: Springer International Publishing
Book: Disruptive Technology in Banking and Finance
Print ISBN: 978-3-030-81834-0

Electronic ISBN: 978-3-030-81835-7

Copyright Year: 2021
DOI: https://doi.org/10.1007/978-3-030-81835-7_8