Payments for Costs and Investments in Banking 5.0

Bernardo Nicoletti ()
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Bernardo Nicoletti: Temple University

Chapter Chapter 13 in Banking 5.0, 2021, pp 385-399 from Palgrave Macmillan

Abstract: Abstract The management of costs and investment is essential in any organization. Banking is no exception. Finances are crucial for financial institutions due to the reserve’s relevance. Due to the distribution and assistance structure, most financial institutions’ costs depend on commissions and non-performing credit expenses. Due to their significance in both cases, careful contract management is essential. This chapter analyzes in detail these aspects and considers its contracts in the vision of banking 5.0. The model consists of moving to smart contracts. The rewards from this method could be highly relevant in the case of traditional financial institutions.

Keywords: Costs; Banking investments; Control; Lean; Lean and digitize; Smart contracts; Blockchain (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psincp:978-3-030-75871-4_13

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DOI: 10.1007/978-3-030-75871-4_13

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