Stručni rad
https://doi.org/https://doi.org/10.46672/aet.10.2.6
TECHNOLOGICAL INNOVATIONS AND “DESIGNING” A DIGITAL BANK
Mateja Grmača
Sažetak
Banking – an activity which dates back to ancient times – has changed various stages and ways of conducting money transactions. Due to the technological and Internet revolution around the world that has been going on for decades, all areas of society have had to adapt to modern changes and challenges. In the modern world, information is central and all processes
are automated and accelerated to achieve greater efficiency and effectiveness in economy and
everyday life of people. Thanks to information technology, financial institutions are also affected
by modernization, which is necessary to cope with market demands. Banking, like many other
economy branches, has shifted to the virtual world of the Internet, where it is still looking for
ways to provide complete and quality services and products. The new business model has
forever changed the way we manage money and finances for a lot of people, and it involves
numerous advantages, but disadvantages, as well. Digital banks are a common phenomenon in
developed countries today, but it took some time for this business to develop to its current form.
Through theoretical research, this paper seeks to present how the banking industry has changed in the modern age and through the process of digitization, and what conclusions regarding
the development, popularization and success of digital banks can be generated from the conducted research.
Ključne riječi
digital banks, modernization, digitalization, financial institutions, Internet, electronic business
Hrčak ID:
324878
URI
Datum izdavanja:
23.12.2024.
Posjeta: 0 *