This paper develops a dynamic theory of money and banking that explains why banks need to hold an illiquid portfolio to provide socially optimal transaction and liquidity services, opening the door to the possibility of equilibrium banking panics. Following a widespread liquidation of banking assets in the event of a panic, the banking portfolio consistent with the optimal provision of transact...

Users who downloaded this article also downloaded: Pooja Malhotra, Balwinder Singh, (2007),"Determinants of Internet banking adoption by banks in India", Internet Research, Vol. 17 Iss 3 pp. 323-339 http://dx.doi.org/10.1108/10662240710758957 Milind Sathye, (1999),"Adoption of Internet banking by Australian consumers: an empirical investigation", International Journal of Bank Marketing, Vol. 17...

Mobile applications have been rapidly changing the way business organizations deliver their services to their customers and how customers can interact with their service providers in order to satisfy their needs. The use of mobile applications increases rapidly, and has been used in many segments including banking segment. This research aims at extending the Technology Adoption Model (TAM) to i...

The Internet/World Wide Web (WWW) offers due to its key features interactivity and multi-media support a broad potential for marketing in the field of financial services. Presently however, this potential is only partially utilized w.r.t. product information and recently standard financial transactions. Generalizing on research project work with Advance Bank, a Munich based direct banking firm,...

A long with the development of electronic banking as a result of rapid growth of information technology, many banking indices including concentration are affected. This influence is made among different variables of which the amount of banks’ deposits and the level of deposit attraction are the most important. This study the influence of electronic banki...

The decade since the Reserve Bank of Australia’s 1996 Conference on ‘The Future of the Financial System’ has been a period of remarkable strength for banking systems in advanced industrial countries, particularly Australia. Banking institutions have enjoyed strong growth in business volumes, high asset quality and record profi tability and they have proven their resilience in the face of episod...

In today’s highly competitive business environment, online business-to-business (B2B) banking services offer efficient, reliable, securable, and convenient financial services for customers. However, research has paid scant attention to quantifying the value of online B2B banking and identifying the factors that drive it from the employees’ perspective. Hence, this study explores value creation ...

Crowdfunding represents a disruptive innovation in the banking industry by enabling the exploitation of market segments. Incumbents struggle to utilize this new phenomenon as crowdfunding is based on modules that have not been considered relevant for banking so far. Nevertheless, crowdfunding services are not entirely new compared to traditional banking. We argue that the modular design enables...

The aim of this study is to investigate the factors that determine the local people of Sabah (also known as Sabahan) bank customers’ intention to use mobile banking. This study extends the applicability of the Technology Acceptance Model (TAM) to mobile banking and includes “perceived credibility”, “perceived enjoyment” and “perceived selfefficacy”, in addition to “perceived usefulness” and “pe...

A successful liver transplant program needs cooperation and communication from the surgical, blood banking, pathology, primary care, and anesthesia services. Rapid availability of laboratory data, efficient blood banking services, ability to infuse blood products rapidly, coagulation management capability, and plentiful manpower are essential.