In this chapter we provide an overview of the concept of blockchain technology and its potential to disrupt the world of banking through facilitating global money remittance, smart contracts, automated banking ledgers and digital assets. In this regard, we first provide a brief overview of the core aspects of this technology, as well as the second-generation contract-based developments. From th...

New information technologies and emerging business forces have triggered a new wave of financial innovation -electronic banking (e-banking). This study utilizes an innovation model to analyze the impact of e-banking on the incumbent banks. The results indicate that the nature of e-banking innovation is disruptive, leading to drastic changes in both technological knowledge and business model. We...

The paper describes the current state of Internet banking in India and discusses its implications for the Indian banking industry. Particularly, it seeks to examine the impact of Internet banking on banks’ performance and risk. Using information drawn from the survey of 85 scheduled commercial bank’s websites, during the period of June 2007, the results show that nearly 57 percent of the Indian...

Many banks become entangled in the core banking system selection phase, misdirecting scarce resources and resulting in poor choices. Decision makers must fixate unwaveringly on criteria with the highest bank impact.

In this paper, a conceptual research model is proposed to study safe online banking behaviour. The Protection Motivation Theory functions as the core of the model. The model is extended with additional variables, making it suitable for the online banking context. The coping perspective, which is central to the Protection Motivation Theory, seems to be valuable to study behaviour in information ...

Despite enormous potential to use web technology at the front-end of retail banking and the advent of mature respective development methodologies, the degree of web technology use in this banking sector is still low. In particular, this applies to lending which is the core of banking. In this paper we argue that there is a gap between the available conceptual means for employing web technology ...

Electronic commerce involves a wide range of activities. The goal of electronic commerce is to improve the way in which business is conducted, through technology. This could be as simple as establishing a computer-mediated relationship between consumer and business, between business and supplier, or between supplier and manufacturer. It could involve automation of existing business systems, suc...

Financial institutions have increased dependence upon the technology solutions that enable their financial products and services. The proliferation of Internet technologies, mobile devices, and competition from international commerce have placed increased pressure up banking and financial institutions to ensure that competitive leadership is maintained. A key challenge facing banking and financ...

Blockchain technology is a core, underlying technology with promising application prospects in the banking industry. On one hand, the banking industry in China is facing the impact of interest rate liberalization and profit decline caused by the narrowing interest-rate spread. On the other hand, it is also affected by economic transformation, Internet development, and financial innovations. Hen...