| Finance is undergoing a profound transformation. Digital technologies are reshaping payments, lending, insurance, and wealth management. Big data technology is now an integral part of the financial services industry and will continue to drive future innovation. Digital finance has fundamentally changed how we live and do business, and it has been a major disruptor of the finance industry. The advantages of digital finance have long been recognized. Rapidly growing digital technologies also have the potential to deliver financial services at significantly reduced costs, thereby increasing financial inclusion and generating significant efficiency improvements across the economy. To build inclusive societies and address rising inequalities, global and national leaders must bridge the digital divide across and within countries to reap the benefits of digital financial services and build appropriate regulatory frameworks for ensuring trusted transactions in a digitalized economy. This means finding the right balance between enabling financial innovation and addressing risks, including insufficient consumer protection, a lack of financial and digital literacy, unequal access to digital infrastructure, and data biases that need action at the national level. This book focuses on financial technology, with a particular emphasis on the impact of digital finance on the finance and banking industries. Chapters address topics such as FinTech, big data, Bitcoin, corporate governance, and economic policy, while also considering current global issues like climate change and the COVID-19 pandemic. Supported by the most recent research and illuminating case studies, this handbook offers an insightful overview of how the finance and banking sectors are changing under the influence of the digital age. Contents: FinTech: The Digital Era of the Financial Industry (Shan Jin and Christopher Gan) Role of Digital Technology in the Financial Industry (Muhammad Azam, Irfan Channi, and Muhammad Haroon) Impact of Digital Finance on Global Climate Change: Sectoral Evidence (Muhammad Shahzad Ijaz, Mushtaq Hussain Khan, and Ujala Siddique) How Does Financial Inclusion Affect Bank Stability in Emerging Economies? (Runguo Xu) Navigating the Digital Finance Landscape Amid COVID-19: A Bibliometric Analysis (Jatin Kumar Jaiswal and Dharen Kumar Pandey) A Review on the Digital Finance Revolution, Trends and Global Impacts (Mahnoor Hanif, Bushra Zulfiqar, Rashid Mehmood, and Bushra Bibi) Digital Innovation in Insurance (Jamaltul Nizam Bin Shamsuddin, Christopher Gan, and Dao Le Trang Anh) Big Data Applications in Banks: Systematic Review and Future Research Agenda (Vikesh Kumar, Gul Afshan, Adnan Manzoor, Mansoor Ahmed Khuhro, and Muhammad Hussain) Digital Assets in Disarray: Unraveling Herd Behavior Amid COVID-19 and the Russia–Ukraine War (Tanveer Bagh, Mirza Muhammad Naseer, and Kainat Iftikhar) Forecasting Bitcoin: A Comparative Analysis of Traditional versus Machine Learning Approach (Muhammad Arslan, Akmal Shahzad, Anum Shafique, and Wajid Shakeel Ahmed) Does Economic Policy Uncertainty Predict Cryptocurrency Returns? (Muhammad A Cheema, Kenneth R Szulczyk, and Elie Bouri) Valuation of Bank Shares in the Digital Age: A Case Study of a South African Bank (Vusani Moyo and Ayodeji Michael Obadire) Exploring the Intersection of Corporate Governance and Digital Finance: Risks, Rewards and Policy Ramifications (Muhammad Azam, Imran Lohdi, Muhammad Haroon, and Hammad Ali) Assets Tokenization: Prospects and Challenges (Asad Abbas, Ghulam Hussain Khan Zaigham, and Arslan Ali Raza) The Future of Money: A Review on Central Bank Digital Currencies (Bushra Zulfiqar, Faten Moussa, and Mahnoor Hanif) How Does Digital Financial Inclusion Influence Bank Innovation Capability in China? Evidence from a Risk-Taking Perspective (Yi Zhou) Readership: This book is suitable for academics and students in the areas of digital finance in investment management, digital finance in... |
