Digital Disruption: How the Financial Services Landscape Is Being Transformed

Walter Gontarek ()
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Walter Gontarek: Cranfield University

Chapter Chapter 8 in Disruptive Technology in Banking and Finance, 2021, pp 221-240 from Palgrave Macmillan

Abstract: 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.

Keywords: Digitalisation; Disruptive technologies; Digital banking (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psincp:978-3-030-81835-7_8

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DOI: 10.1007/978-3-030-81835-7_8

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