Enhancing financial performance by applying knowledge management and new financial technologies in the banking industry

New Statistical and Econometric Approaches to Assessing Financial Processes (Banking Sector, Public Debt, Financial Management)

The results of studies on the development of new statistical and econometric approaches to modeling budget policy is presented. The obtained results are applied on the example of tax revenue modeling. The authors note the importance of ensuring transparency and predictability of state financial policy, the realisticness of economic forecasts, because this is the basis of budget modeling. It is ...

A Model for relationship management with fintech and financial startups in banking industry

Todays, with the growth of competition in the banking industry, on the one hand, and the development and change of customer needs on the other hand, banks have been continuously seeking to provide modern banking services and to exploit new technologies. One of the new technologies that we have seen in the past few years in the banking industry is the Fintech and financial startups that have bro...

Failure of Knowledge Management Systems in the Financial Services Industry

The success of information systems (IS) and especially knowledge management systems (KMS) is defined through the acceptance and usage of them. Directly after the implementation the initial success of such systems starts with a relatively good acceptance and usage. When the first hype is over the problems of the systems become evident and the acceptance and usage dwindles. But what kinds of prob...

Determinants of Financial Performance in Chinese Banking

Risk Management, Financial Contagion, and Banking Regulation

Risk management is a central function of banks. Our model examines how banks use this ability to shift risk away from entrepreneurs. To create incentive compatibility, banks must assume some of the entrepreneurial risks, e. g. by underwriting OTC hedging contracts or granting loans. The arising bankruptcy risk causes potential contagion. A conflict of interest emerges because banks prefer a div...