As the world transitions itself into the virtual era, the economic enterprises adopted virtual offerings in all facets of its operations. Customers at banks and other financial institutions are becoming more and more reliant on virtual services.

Seit Jahren wirbeln Neobanken die Finanzbranche auf und machen klassischen Häusern sowie Direktbanken Konkurrenz. Doch die aktuelle wirtschaftliche Situation könnte diesen Trend bald beenden.

We examine customer acceptance of neobanks across national cultures using the technology acceptance model (TAM) extended with an additional construct, i.e. trust, accounting for scepticism surrouding digital innovations. We incorporate dimensions …

Mit dem technischen Fortschritt traten neue Wettbewerber in der Kreditwirtschaft auf den Plan, die Fintechs. Zwar besitzen davon nur wenige eine Vollbanklizenz. Doch mit der Zeit sprechen die Jungunternehmen immer mehr Verbraucher an, wenn auch nicht alle mit nachhaltigem Erfolg.

Digital payment platforms are increasingly essential in everyday life to support payment activities as well as buying and selling. The increase in the use of digital payment modes has resulted in a wide variety of sentiments given by users through …

Financial technology (fintech) startups have emerged as a compelling and digital alternative within the financial industry. However, the expansion is crucial because without proper regulation, the emergence of fintech in any country can …

Analysis of the impact of digital technologies on internal control systems within the banking sector is an intricate endeavor in the contemporary business world. Additionally, there is a nexus between enhanced operational efficiency and the …

Digital transformation (or DX) is the total integration effort for rewriting the rules for customers, innovation, competition, data, and value propositions. The speed of customer insight, internal decisions, empowered workforces, creativity and …

The financial world is getting a digital makeover. Traditional banks are set to disappear in a decade. Digital payments are the norm making the world a cashless and a more inclusive society. Crypto, the digital currency, was originally conceived …

The chapter considers how financial systems are converging with respect to financial service players, big data, and regulations. The role of influential players such as FinTech, Neo-Banks, Big Tech, and Big retailers is increasingly important.

The chapter analyses fintech 4.0 and financial systems navigating through the latest developments in the industry starting with a high-level introduction to the fourth-gen technologies and financial principles in this sphere. It further explores …

Man is an analog animal. The digital world craves to please him through 1s and 0s. First came the internet and then came the Internet of Things. Our gateway to the digital world is through smartphones. Most humans can’t live without a smartphone.

We utilize a representative sample of the U.S. adult population to analyze how unbanked consumers make payments for goods and services and how they pay their bills.

The finance sector as a whole has seen a significant transformation as a result of technological advances, which has impacted how financial institutions function and how financial activities are carried out. Fintech is currently a facilitator and …

The Chinese blockchain industry and market have unique, unusual, and idiosyncratic characteristics. Several established companies as well as start-ups in China have developed and deployed innovative solutions involving blockchain. On the other …

Financial technology (FinTech) is a terminology used for applying technology in financial aspects. This technology started in its early days being very vague and unreliable, nowadays almost all financial institutes apply it in their operation.