The book encompasses the broad field of e-Finance and its transformation. After reviewing the developments in the economic and the technology fields, it examines how the insurance, banking, and securities trading firms are bringing about the digital revolution and adapting in the same breath to the changed socio-economic environment. Add to it, the “Rogue Elements”, the field of cyber crimes is covered on a priority basis. The book also covers the inevitable changes in fields of HR and Marketing and the crucial role of the regulators. Looked at through the eyes of Corporate Planner, the book does provide a road map for the financial institutions (FIs).
The oil and gas industry is at a crossroads. Recent low prices, rapidly growing alternative fuels like renewables, the permanent swing from peak oil to super abundance, shifting consumer preferences, and global pressures to decarbonize suggest a challenged industry for the foreseeable future. Digital advances offer ways to lower costs of production, improve productivity, reduce carbon emissions, and regain public confidence. A wait-and-see attitude to digital innovation has failed many industries already, and the leaders of oil and gas urgently need guidance on how digital both disrupts and enhances their industry. Written by the world's leading experts on the intersection of digital technologies and the oil and gas industry, Bits, Bytes, and Barrels sets out the reasons why adoption is slow, describes the size and scale of both the opportunity and the threat from digital, identifies the key digital technologies and the role that they play in a digital future, and recommends a set of actions for leaders to take to accelerate the adoption of digital in the business. Providing an independent and expert perspective, Bits, Bytes, and Barrels addresses the impacts of digital across the breadth of the industry--from onshore to offshore, from upstream to midstream to integrated--and outlines a roadmap to help the decision-makers at all levels of the industry take meaningful action toward promising and rewarding digital adoption.
This volume provides a foundation in digital accounting by covering such fundamental topics as accounting software, XBRL (eXtensible Business Reporting Language), and EDI. The effects of the Internet and ERP on accounting are classified and presented for each accounting cycle, along with a comprehensive discussion of online controls.
Technology is permanently transforming the banking industry, and digital payments are the key Electronic Payments, Mobile Commerce, and Virtual Banking: A Guide to Innovation, Partnering, and Regulation takes a hands-on approach to competing in the modern banking environment. Former PayPal Head of Financial Innovation Dan Schatt explores the reasons behind the massive consumer migration away from traditional banks, and provides clear, actionable guidance on beating new banking models at their own game. Digital payment is the hottest topic in banking today, and is set to define the future of the industry. Consumers are rapidly abandoning traditional banks in favor of institutions that are lower-cost and more consumer-centric. Between the pace of financial regulatory reform and the cloud computing revolution, the old banking model is on the fast track to extinction. Electronic Payments, Mobile Commerce, and Virtual Banking provides the information banks need to compete in this new environment, and details the integral implementation actions that will allow them to thrive. The book discusses real-world innovations from banks, non-banks, and up and comers, and the heavy competition from the new outsource bank model. Topics include: The changing POS landscape and the need for digital wallet partnerships Shifting gears to greenfield market opportunities versus non-profitable markets Digital channel best practices for superior customer experience When to outsource, and what capabilities to truly own Case studies including PayPal, Google, Square, Facebook, Twitter, and more illustrate acceleration of innovation through banking partnerships, as well as the mechanics behind banking's biggest, scariest threats. The trick to surviving the paradigm shift is to embody innovation while providing a superior customer proposition. Electronic Payments, Mobile Commerce, and Virtual Banking: A Guide to Innovation, Partnering, and Regulation provides the inside track on managing the shift and dominating the new marketplace.
“Wallet Dynamics: The Spirited Journey to Financial Empowerment” is more than a mere exploration of finance; it’s an enlightening odyssey through the annals of monetary evolution and the pulsating heart of today’s fiscal world. This book stands out as a rich repository of financial knowledge, meticulously crafted to engage and inform readers from the first page to the last. Delve into the thrilling segment “Imagining a World Without Money,” where you traverse from the primitive barter systems to the electrifying arena of digital currencies like Bitcoin. This chapter is more than a historical account; it’s a revelation of the transformative essence of money. “The Art of Budgeting” redefines the conventional view of budgeting, especially for students. It highlights the innovative 50/30/20 rule and modern digital tools, transforming budgeting into a dynamic means for achieving both immediate and future financial goals. The book concludes with “Financial Statements: Decoding the Language of Business,” simplifying financial reports, and “The Dynamics of Global Economics,” providing a panoramic view of global economic forces. “Wallet Dynamics: The Spirited Journey to Financial Empowerment” is an essential guide, not just for students or entrepreneurs, but for anyone seeking to unravel the complexities of finance. It’s a beacon in the murky waters of monetary affairs, a book that doesn’t just inform, but empowers, making it an indispensable tool in your journey towards financial literacy.”
'Blown to Bits' is about how the digital explosion is changing everything. The text explains the technology, why it creates so many surprises and why things often don't work the way we expect them to. It is also about things the information explosion is destroying: old assumptions about who is really in control of our lives.
The book looks at the issues Indian banks are facing, pre- and post-pandemic. Technology, big data, and use of artificial intelligence are slowly influencing not merely management practices but are also changing customer demands and methods of operation. Obviously newer risks problems like cybercrimes, remote working, disruptions in operations are aggravating the situation. Authors in the book recommend a hard relook at the bank business model.
WHO cares about the money of the future? WHY should I care about money of the future? This book explains and shows that, by 2030, as money becomes digital, it will revolutionise everything. Digital money will make money personal; individualise currency and its usage; secure it; enable it to automatically grow to meet our personal goals; manage risk automatically; and make life simpler and easier for all. The most critical aspect of this book is HOW money becomes intelligent … digitally … and artificially. For over ten years, liberterians have said that bitcoin will be the currency of Planet Earth. Chris Skinner has always argued that you cannot have money without government. Who is right? For over ten years, libertarians have accused people like Chris of being a Statist – someone who support national government states in implementing law – and saying he is wrong. What they didn't ask is: who is the government? Is the government the State or the network? This issue has been at the heart of a debate for over ten years, and may finally be coming to some resolution thanks to the collapse of FTX, Celsius, ThreeArrows, Terra-Luna and many other cryptocurrency market trading platforms in the last years. The core of this argument is what is the future of money. Is it decentralised or centralised. Is it DeFi – decentralised finance – or CeFi – centralised finance? This book argues that it's HyFi or, in other words, hybrid finance. The future of money requires regulatory oversight but can operate in a decentralised form. Why? Because if you lose all of your money to a decentralised exchange, platform or currency, there needs to be a way to get it back.
This book analyzes the set of forces driving the global financial system toward a period of radical transformation and explores the transformational challenges that lie ahead for global and regional or local banks and other financial intermediaries. It is explained how these challenges derive from the newly emerging post-crisis structure of the market and from shadow and digital players across all banking operations. Detailed attention is focused on the impacts of digitalization on the main functions of the financial system, and particularly the banking sector. The author elaborates how an alternative model of banking will enable banks to predict, understand, navigate, and change the external ecosystem in which they compete. The five critical components of this model are data and information mastering; effective use of applied analytics; interconnectivity and “junction playing”; development of new business solutions; and trust and credibility assurance. The analysis is supported by a number of informative case studies. The book will be of interest especially to top and middle managers and employees of banks and financial institutions but also to FinTech players and their advisers and others.
The book discusses the effects of artificial intelligence in terms of economics and finance. In particular, the book focuses on the effects of the change in the structure of financial markets, institutions and central banks, along with digitalization analyzed based on fintech ecosystems. In addition to finance sectors, other sectors, such as health, logistics, and industry 4.0, all of which are undergoing an artificial intelligence induced rapid transformation, are addressed in this book. Readers will receive an understanding of an integrated approach towards the use of artificial intelligence across various industries and disciplines with a vision to address the strategic issues and priorities in the dynamic business environment in order to facilitate decision-making processes. Economists, board members of central banks, bankers, financial analysts, regulatory authorities, accounting and finance professionals, chief executive officers, chief audit officers and chief financial officers, chief financial officers, as well as business and management academic researchers, will benefit from reading this book.
