Banking in the Age of the Platform Economy : Digital Acceleration Through Strategies of Interdependence.

Format:

Book

Author/Creator:

Bou-Daher, Giorgio.

Series:

The Moorad Choudhry Global Banking Series

Language:

English

Physical Description:

1 online resource (266 pages)

Edition:

1st ed.

Other Title:

Banking in the Age of the Platform Economy

Place of Publication:

Berlin/Boston : Walter de Gruyter GmbH, 2023.

Summary:

The 2008 global financial crisis and the concurrent rise of the platform economy have had profound effects on the banking sector. Over the past decade and a half, banking leaders have had to contend with rapidly evolving regulatory, technological, and competitive forces. The pace of technological change has been formidable with advances in artificial intelligence, cloud computing, and blockchain technology. These forces have brought to the forefront new managerial imperatives that banking leaders have to make sense of as they strategise in light of these unfolding new realities. Banking in the Age of the Platform Economy explores the strategies that managers and leaders at banks and other financial institutions have adopted in response to the rise of the platform economy, the new forces of interdependence that it entails, and the risks/opportunities involved in cocreating value with external stakeholders. With its discussion of the strategies of interdependence and value cocreation that the top twenty banks in Europe adopted between 2008 and 2019, this book is essential reading for academics, banking and fintech professionals, and management consultants that advise banks and fintechs.

Contents:

Intro

Advance Praise for Banking in the Age of the Platform Economy

Acknowledgements

Foreword

Preface

Contents

Part 1

Chapter 1 Regulation and Public Policy: Burdening Banks, Enabling New Competitors

Chapter 2 Second Machine Age and the Platform Economy

Chapter 3 Financial Services Newcomers: Fintechs and Bigtechs

Chapter 4 The Uniqueness of Banks

Chapter 5 Implications for Bank Strategies: Interdependence, and Value Cocreation

Part 2

Chapter 6 New Strategic Considerations in the Platform Economy Age

Chapter 7 Taxonomy of Banks' Strategies of Interdependence and Value Cocreation

Chapter 8 Discussing Strategic Implications, Future Considerations, and Final Reflections

Appendix 1 Combined Summary of Content Analytic Meta-matrices

Appendix 2 Detailed Taxonomy of Banks' Strategies of Interdependence and Value Cocreation

Appendix 3 Supplemental Contextual Study - Summary of Results

References

List of Figures

List of Tables

About the Author

About the Series Editor

Index.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

3-11-079245-1

OCLC:

1378389568