scholarly journals The Performance of Internet‐Based Business Models: Evidence from the Banking Industry

2005 ◽  
Vol 78 (3) ◽  
pp. 893-948 ◽  
Author(s):  
Robert DeYoung
Keyword(s):  
Business Models ◽  
Banking Industry

Digitalisation of the Global FinTech Industry

2020 ◽  
pp. 431-449 ◽  
Author(s):  
Muhammad Waleed Butt ◽  
Usman Javed Butt
Keyword(s):  
Developing Countries ◽  
Digital Media ◽  
Financial Services ◽  
Business Models ◽  
Banking Industry ◽  
Digital Technologies ◽  
Value Proposition ◽  
Goods And Services ◽  
Digital Disruption ◽  
Financial Technology

The digitalisation of global financial technology and marketing is central for the success of many banking organisations across the globe. Digital disruption is a change that occurs when new emerging digital technologies and business models affect the value proposition of existing goods and services for low end demanding customers or for new market customers. Digital banking or online or virtual banking is leading to the digitization of all the traditional banking activities, products, process, or services. It is needless to state that mere adaptation of digital media to comply with trends does not guarantee success. The digital trends in the banking industry has seen banks focusing on digitalization core processes, increasing awareness, financial inclusions, and undertaking sustainable practices. FinTech (i.e., financial technology) is competing with traditional financial methods in the delivery of financial services and reaching the unbanked segment of society, particularly in developing countries. There is a strong need to understand drivers and trends in the FinTech industry.

scholarly journals Banks and Fintechs: How to Develop a Digital Open Banking Approach for the Bank’s Future

2018 ◽  
Vol 11 (9) ◽  
pp. 23 ◽  
Author(s):  
Anna Eugenia Omarini
Keyword(s):  
Business Models ◽  
Banking Industry ◽  
Digital Technologies ◽  
Third Parties ◽  
Economies Of Scope ◽  
Traditional Model ◽  
Market Conditions ◽  
Banking Business ◽  
Revenue Streams

Mutated market conditions, the advent of new players and digital technologies, and a significant regulatory push, are profoundly changing the banking industry. Banking business models may shift significantly from a pipeline, vertical, paradigm, to open banking models where modularity can be an opportunity for banks. Not only are the abovementioned factors representing a threat to the traditional model, but also they are spurring significant new opportunities to pursue new revenue streams. Those opportunities are exploited through new banking paradigms that entail higher levels of openness towards third parties and a crescent number of modular services bundled together. Models can go to mere compliance with the prescriptions of openness of PSD2, to the inclusion of new services, the opening of the banking core and data, and the aggregation of those within a platform experience. Value is created in platforms through economies of scope in production and innovation.This paper has explored the evolution of Fintech and Techfin in the market and the emergence of platform models in banking. It has investigated the evolution of that concept, also introducing an interesting banking case (BBVA), which gives several insights on the choices made toward a Banking-as-a-Platform model within the context of Fintech and Open Banking.

Taking a Strategic Alliance Approach to Enhance M-Commerce Development

2010 ◽  
Vol 6 (4) ◽  
pp. 26-37
Author(s):  
Fang Zhao
Keyword(s):  
Strategic Alliances ◽  
Strategic Alliance ◽  
Business Models ◽  
Service Providers ◽  
Banking Industry ◽  
Third Party ◽  
Operational Strategies ◽  
Internet Search Engine ◽  
Wide Range ◽  
Research Questions

Current m-commerce business models show that m-commerce depends on complex networks of business relationships, which often comprise telecommunications service providers, mobile device makers, banking industry, Internet search engine providers, and various third-party value-adding companies. Due to the nature of m-commerce, the key to success in m-commerce lies predominantly in managing a network of alliances. This paper answers research questions, such as why do companies team up for m-commerce? What are the key challenges facing the alliances? How can companies address the challenges? What does the future hold for the study of strategic alliances including m-commerce alliances? This paper extends strategic alliance theories to the study of m-commerce alliances that are formulated in various cultural and national backgrounds. The authors examine both strategic and operational strategies for m-commerce alliances and discuss a wide range of issues in the formulation and implementation of m-commerce alliance strategy.

Taking a Strategic Alliance Approach to Enhance M-Commerce Development

2011 ◽  
pp. 176-188
Author(s):  
Fang Zhao
Keyword(s):  
Strategic Alliances ◽  
Strategic Alliance ◽  
Business Models ◽  
Service Providers ◽  
Banking Industry ◽  
Third Party ◽  
Operational Strategies ◽  
Internet Search Engine ◽  
Wide Range ◽  
Research Questions

Current m-commerce business models show that m-commerce depends on complex networks of business relationships, which often comprise telecommunications service providers, mobile device makers, banking industry, Internet search engine providers, and various third-party value-adding companies. Due to the nature of m-commerce, the key to success in m-commerce lies predominantly in managing a network of alliances. This paper answers research questions, such as why do companies team up for m-commerce? What are the key challenges facing the alliances? How can companies address the challenges? What does the future hold for the study of strategic alliances including m-commerce alliances? This paper extends strategic alliance theories to the study of m-commerce alliances that are formulated in various cultural and national backgrounds. The authors examine both strategic and operational strategies for m-commerce alliances and discuss a wide range of issues in the formulation and implementation of m-commerce alliance strategy.

A Case for Boring Banking and Re-Intermediation

2018 ◽  
Vol 64 (3) ◽  
pp. 199-238
Author(s):  
Karl-Peter Schackmann-Fallis ◽  
Horst Gischer ◽  
Mirko Weiß
Keyword(s):  
Financial Markets ◽  
Capital Market ◽  
Business Models ◽  
Banking Industry ◽  
Banking Union ◽  
Policy Recommendations ◽  
Promising Alternative ◽  
European Banking Union ◽  
European Banking ◽  
Recent Financial Crisis

Abstract Experience from the recent financial crisis quite clearly revealed the limits of deregulation. Instead of trusting in perfect financial markets, re-intermediation or “boring banking” seems to be a more promising alternative. In our discussion of the steps towards a European Banking Union that have been implemented so far, we seek to expose its shortcomings. Against this backdrop, we discuss whether boring banking is an economically and socio-politically appropriate goal at all. Outlining the economical functions of banks, we investigate whether a widely disintermediated financial system can work without frictions. Additionally, we evaluate the concepts of bank-based and capital-market-based financial systems from the perspective small and medium-sized enterprises. By way of example, the structure of the German banking industry as well as different business models are analyzed in the light of boring banking. We conclude with economic policy recommendations deemed necessary to promote – or at least preserve – traditional loan-making by banks. JEL classifications: G18; G21; L52 Keywords: banking industry, financial intermediation, business models, European Banking Union

The Impact of the Pandemic (COVID-19) on the Change of Business Models on the Example of the Banking Industry

2021 ◽  
pp. 208-224
Author(s):  
Przemyslaw Jacek Sawicki
Keyword(s):  
Interest Rates ◽  
Business Models ◽  
Banking Industry ◽  
Economic Life ◽  
Increased Risk ◽  
World Markets ◽  
The World ◽  
Low Interest Rates ◽  
The Impact

Due to the fundamental digitization of social/economic life, it takes on an “on” and “offline” scale image of the world. While analyzing the impact of the ongoing pandemic on the segmentation of world markets, the disruptions in the functioning of some industries, sectors, and entire economies are becoming deeper. The spread of COVID-19 has led to the dysfunction of a known ecosystem, and the destructive force of human isolation and the lockdown of economies have significantly influenced the behavior of societies and governments. Many customer-centric companies have reactively redefined their strategies, and the financial sector, especially banks, was to play an important role in absorbing the shock by providing the necessary credit to businesses and households. Meanwhile, the same institutions have experienced capital and liquidity destabilization due to increased risk reserves created and an operating in conditions of historically low interest rates. Unexpectedly, the pandemic has become another determinant of the new quality of processes, phenomena, and business models.

scholarly journals Responsibility and Performance Relationship in the Banking Industry

2019 ◽  
Vol 11 (12) ◽  
pp. 3329 ◽  
Author(s):  
Gonenc ◽  
Scholtens
Keyword(s):  
Central Bank ◽  
Financial Performance ◽  
Low Income ◽  
Business Models ◽  
Banking Industry ◽  
Social Performance ◽  
Capital Adequacy ◽  
Crisis Period ◽  
Wide Range ◽  
The Relationship

We study the relationship between financial performance and responsibility in the banking industry. Given the wide diversity in business models and operations, this relationship needs to be studied at the level of specific industries. We contribute to the debate about financial and social performance in the banking industry by using highly detailed responsibility and financial performance information, which helps to understand why this relationship exists and how the relationship evolves over time. We rely on a diverse international sample for the period 2002–2015 and use a wide range of financial performance measures next to various specific indicators for corporate governance, environmental, and social performance. By using simultaneous equation system estimations to address the causality between financial performance and responsibility, we find that the Tier-1 capital adequacy ratio is significantly and positively associated with responsibility indicators. As such, stronger institutions appear to be able to act in a more responsible manner and such responsibility signals banks’ health. We also establish that the global financial crisis did have a profound impact on the finance-responsibility nexus. We show that there are changes in the underlying relationships in this nexus during the post-crisis period compared to the pre-crisis period. Furthermore, such changes are different between countries with high and low income, civil and common law, single and multiple supervision authorities, and central bank and non-central bank supervision.

scholarly journals Traditional and new business models in the banking industry

Bankarstvo ◽  
2018 ◽  
Vol 47 (1) ◽  
pp. 106-117 ◽  
Author(s):  
Sead Jatić ◽  
Milena Ilić
Keyword(s):  
Business Models ◽  
Banking Industry ◽  
New Business ◽  
New Business Models
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