Financial Services in the Digital Age: The Future of Banking, Finance and Insurance

Overview

Few industries have more to gain and more to lose from the digital revolution than financial services. In this authoritative survey the latest developments are reviewed and explained in clear, jargon-free terms and future trends are predicted. Is there a future for the traditional bank, or will other companies sweep away their business? Home banking is discussed as is the use of kiosks, banking and trading on the Internet, and electronic cash. What will the impact be on employment? How will the digital revolution...
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Overview

Few industries have more to gain and more to lose from the digital revolution than financial services. In this authoritative survey the latest developments are reviewed and explained in clear, jargon-free terms and future trends are predicted. Is there a future for the traditional bank, or will other companies sweep away their business? Home banking is discussed as is the use of kiosks, banking and trading on the Internet, and electronic cash. What will the impact be on employment? How will the digital revolution affect insurance, share trading and risk assessment? Security, artificial intelligence and globalization are just some of the other fascinating and important issues that are featured in this enjoyable ride down the financial services information superhighway. An indispensable reference for anyone working at any level in the financial services industry.
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Product Details

  • ISBN-13: 9780906097540
  • Publisher: Bowerdean Publishing
  • Publication date: 4/1/1997
  • Pages: 158
  • Product dimensions: 6.90 (w) x 9.46 (h) x 0.32 (d)

Table of Contents

Acknowledgements 8
Glossary 9
A vision of the future 11
The branch of the future 18
The virtual bank 35
On-line trading 49
What is a bank? 59
Networking 70
Electronic purse 75
Insurance 85
Share trading 95
Serving the customer 103
Outsourcing the back office 112
Do workers have a future? 118
Artificial intelligence 126
Security 135
Electronic payment systems 141
Globalization 146
Bibliography 154
Index 156
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