Digital Transformation and the Economics of Banking: Economic, Institutional, and Social Dimensions

The book provides deep insight into the processes of digital transformation of banking according to economic, institutional, and social dimensions. Together with the transformation of incumbent banks, the processes result in changes in the scope of existing banking services. Moreover, new entities (FinTech firms) partner with incumbent banks and reshape the banking sector and its financial environment.

The far-reaching transformation of banks and the banking sectors is accompanied by some in...