WIN $150 GIFT VOUCHERS: ALADDIN'S GOLD

Close Notification

Your cart does not contain any items

Digital Finance and the Future of the Global Financial System

Disruption and Innovation in Financial Services

Lech Gąsiorkiewicz Jan Monkiewicz

$284

Hardback

Not in-store but you can order this
How long will it take?

QTY:

English
Routledge
25 August 2022
This book offers an in-depth analysis of the most salient features of contemporary financial systems and clarifies the major strategic issues facing the development of digital finance. It provides insight into how the digital finance system actually works in a socioeconomic context. It presents three key messages: that digital transformation will change the financial system entirely, that the State has a particularly important role to play in the whole process and that consumers will be offered more opportunities and freedom but simultaneously will be exposed to more risk and challenges.

The book is divided into four parts. It begins by laying down the fundamentals of the subsequent analysis and offers a deep understanding of digital finance, including a topology of the key technologies applied in the transformation process. The next part reviews the challenges facing the digital State in the new reality, the digitalization of public finance and the development of digitally relevant taxation systems. In the third part, digital consumer aspects are discussed. The final part examines the risks and challenges of digital finance. The authors focus their attention on three key developments in financial markets: accelerated growth in terms of the importance of algorithms, replacing existing legal regulations; the expansion of cyber risk and its growing impact and finally the emergence of new dimensions of systemic risk as a side effect of financial digitalization. The authors supplement the analysis with a discussion of how these new risks and challenges are monitored and mitigated by financial supervision.

The book is a useful, accessible guide to students and researchers of finance, finance and technology, regulations and compliance in finance.
Edited by:   ,
Imprint:   Routledge
Country of Publication:   United Kingdom
Dimensions:   Height: 234mm,  Width: 156mm, 
Weight:   453g
ISBN:   9781032205489
ISBN 10:   1032205482
Series:   Routledge International Studies in Money and Banking
Pages:   232
Publication Date:  
Audience:   College/higher education ,  Primary
Format:   Hardback
Publisher's Status:   Active
Introduction Part I: Fundamentals 1. Digital finance: Systemic framework 2. Datafication - economization and monetization of data 3. Key digital technologies transforming finance Part II: Digital State: Tasks and tools 4. National digital sovereignty: what is at stake? 5. The state in the era of digital finance: what role and policy 6. Digitalising the public financial system: the road ahead 7. Digitalisation of the tax system Part III: The financial consumer in the digital space: New issues and approaches 8. Ethics in digital finance: towards a new paradigm of self-regulation 9. Protection of digital consumers: new challenges 10. Digital exclusion in the financial system: emerging agenda Part IV: The risks and challenges of digital finance 11. Systemic and cyber-risk: The two monsters of financial system 12. Financial supervision in the digital age: innovations and data abundance

Lech Gąsiorkiewicz is an Associate Professor at the Faculty of Management, Warsaw University of Technology, Warsaw, Poland. Jan Monkiewicz is Professor of Financial Management at the Faculty of Management, Warsaw University of Technology, Warsaw, Poland.

See Also