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Walton, Nigel (2014) `Financial Tech` Will Disrupt Business Models Globally. The Oxford Analytica Daily Brief.
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Abstract
Financial services is about to experience the redefinition of its traditional business models as the proliferation of Internet-enabled smartphones and four technology platforms in online payments, money transfer, asset management and crowdfunding emerge in global markets. A seismic decline is occurring in the use of high street outlets in developed countries as consumers demand more convenient and easier ways to manage their financial service requirements. In emerging nations, where banking networks often don’t exist, the mobile wallet (M-Pesa) has already become a banking substitute.
| Item Type: | Article |
|---|---|
| Additional Information: | Staff and students at the University of Worcester have access to the full-text. External users should check availability with their local library or Interlibrary Requests Service. |
| Uncontrolled Discrete Keywords: | banking, economy, technology, asset management, crowdfunding, global money transfer |
| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management H Social Sciences > HE Transportation and Communications H Social Sciences > HF Commerce H Social Sciences > HG Finance T Technology > T Technology (General) |
| Divisions: | College of Business, Psychology and Sport > Worcester Business School |
| Related URLs: | |
| Depositing User: | Nigel Walton |
| Date Deposited: | 03 Jul 2014 15:09 |
| Last Modified: | 17 Jun 2020 17:03 |
| URI: | https://eprints.worc.ac.uk/id/eprint/3168 |
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