The Future of Financial Systems in the Digital Age

This book is open access, which means that you have free and unlimited access. The increasing capacity of digital networks and computing power, together with the resulting connectivity and availability of “big data”, are impacting financial systems worldwide with rapidly advancing deep-learning algo...

Full description

Saved in:
Bibliographic Details
Format: Online
Language:English
Published: Springer Nature 2022
Subjects:
Online Access:ONIX_20220314_9789811678301_71
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1869530977459503104
collection Directory of Open Access Books
description This book is open access, which means that you have free and unlimited access. The increasing capacity of digital networks and computing power, together with the resulting connectivity and availability of “big data”, are impacting financial systems worldwide with rapidly advancing deep-learning algorithms and distributed ledger technologies. They transform the structure and performance of financial markets, the service proposition of financial products, the organization of payment systems, the business models of banks, insurance companies and other financial service providers, as well as the design of money supply regimes and central banking. This book, The Future of Financial Systems in the Digital Age: Perspectives from Europe and Japan,brings together leading scholars, policymakers, and regulators from Japan and Europe, all with a profound and long professional background in the field of finance, to analyze the digital transformation of the financial system. The authors analyze the impact of digitalization on the financial system from different perspectives such as transaction costs and with regard to specific topics like the potential of digital and blockchain-based currency systems, the role of algorithmic trading, obstacles in the use of cashless payments, the challenges of regulatory oversight, and the transformation of banking business models. The collection of chapters offers insights from Japanese and European discourses, approaches, and experiences on a topic otherwise dominated by studies about developments in the USA and China.
format Online
id doab-20.500.12854ir-79346
institution Directory of Open Access Books
language eng
publishDate 2022
publishDateRange 2022
publishDateSort 2022
publisher Springer Nature
publisherStr Springer Nature
record_format ojs
spelling doab-20.500.12854ir-793462025-07-30T11:55:05Z The Future of Financial Systems in the Digital Age Heckel, Markus Waldenberger, Franz Financial system Digital transformation Digital currencies Cash-less payments Algorithm-based trading Blockchain technologies Open Access thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies::KNS Hospitality and service industries thema EDItEUR::U Computing and Information Technology::UR Computer security thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies::KNS Hospitality and service industries thema EDItEUR::U Computing and Information Technology::UR Computer security thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics This book is open access, which means that you have free and unlimited access. The increasing capacity of digital networks and computing power, together with the resulting connectivity and availability of “big data”, are impacting financial systems worldwide with rapidly advancing deep-learning algorithms and distributed ledger technologies. They transform the structure and performance of financial markets, the service proposition of financial products, the organization of payment systems, the business models of banks, insurance companies and other financial service providers, as well as the design of money supply regimes and central banking. This book, The Future of Financial Systems in the Digital Age: Perspectives from Europe and Japan,brings together leading scholars, policymakers, and regulators from Japan and Europe, all with a profound and long professional background in the field of finance, to analyze the digital transformation of the financial system. The authors analyze the impact of digitalization on the financial system from different perspectives such as transaction costs and with regard to specific topics like the potential of digital and blockchain-based currency systems, the role of algorithmic trading, obstacles in the use of cashless payments, the challenges of regulatory oversight, and the transformation of banking business models. The collection of chapters offers insights from Japanese and European discourses, approaches, and experiences on a topic otherwise dominated by studies about developments in the USA and China. 2022-03-16T04:01:45Z 2022-03-16T04:01:45Z 2022-03-15T07:54:01Z 2022 book ONIX_20220314_9789811678301_71 OCN: 1301909285 https://library.oapen.org/handle/20.500.12657/53375 9789811678301 https://directory.doabooks.org/handle/20.500.12854/79346 eng Perspectives in Law, Business and Innovation open access image/jpeg image/jpeg image/jpeg n/a n/a n/a https://library.oapen.org/bitstream/20.500.12657/53375/1/978-981-16-7830-1.pdf https://library.oapen.org/bitstream/20.500.12657/53375/1/978-981-16-7830-1.pdf https://library.oapen.org/bitstream/20.500.12657/53375/1/978-981-16-7830-1.pdf Springer Nature Springer Singapore 10.1007/978-981-16-7830-1 10.1007/978-981-16-7830-1 9fa3421d-f917-4153-b9ab-fc337c396b5a e5969e30-e750-4a61-a10e-821beaada67a 9789811678301 Springer Singapore 190 Singapore [grantnumber unknown] open access
spellingShingle Financial system
Digital transformation
Digital currencies
Cash-less payments
Algorithm-based trading
Blockchain technologies
Open Access
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies::KNS Hospitality and service industries
thema EDItEUR::U Computing and Information Technology::UR Computer security
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies::KNS Hospitality and service industries
thema EDItEUR::U Computing and Information Technology::UR Computer security
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics
The Future of Financial Systems in the Digital Age
title The Future of Financial Systems in the Digital Age
title_full The Future of Financial Systems in the Digital Age
title_fullStr The Future of Financial Systems in the Digital Age
title_full_unstemmed The Future of Financial Systems in the Digital Age
title_short The Future of Financial Systems in the Digital Age
title_sort future of financial systems in the digital age
topic Financial system
Digital transformation
Digital currencies
Cash-less payments
Algorithm-based trading
Blockchain technologies
Open Access
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies::KNS Hospitality and service industries
thema EDItEUR::U Computing and Information Technology::UR Computer security
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies::KNS Hospitality and service industries
thema EDItEUR::U Computing and Information Technology::UR Computer security
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics
topic_facet Financial system
Digital transformation
Digital currencies
Cash-less payments
Algorithm-based trading
Blockchain technologies
Open Access
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies::KNS Hospitality and service industries
thema EDItEUR::U Computing and Information Technology::UR Computer security
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies::KNS Hospitality and service industries
thema EDItEUR::U Computing and Information Technology::UR Computer security
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics
url ONIX_20220314_9789811678301_71