Banks and Banking: New Trends and Challenges

Marco Ricceri (), Valentina Tarkovska () and Irina Yarygina
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Irina Yarygina: Moscow State Institute of International Relations (MGIMO University), Financial University Under the Government of the Russian Federation

A chapter in Financial Markets Evolution, 2021, pp 143-153 from Palgrave Macmillan

Abstract: Abstract The latest United Nations Report on Global Sustainable Development (GSDR, 2019) considers mail trends and challenges for banking, as well as what is ahead for banking management and governance in the IT-dominated era. In a discussion of whether Artificial Intelligence (AI) will be capable of assuming the banking leadership, we analyse the tasks carried out by managers and identify the capabilities of AI in this respect. The understanding of benefits as well as challenges with the emerging importance of AI could be helpful in shaping banking governance in the nearest future.

Keywords: Banking; Multilateral development banks; Artificial intelligence; Financial services regulation; JEL; F 33; G30; O16 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-3-030-71337-9_11

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DOI: 10.1007/978-3-030-71337-9_11

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