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The Digitalization of Banking: A New Perspective from the European Savings Banks Industry before the Internet

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  • MAIXÉ-ALTÉS, J. CARLES

Abstract

This work is a contribution to the study of the adoption and use of computers in the savings bank industry in western Europe before the arrival of the Internet. It documents the presence of a pan-European network of IT users and analyzes the role of their industry associations in the processes of adopting and disseminating technology. It describes and analyzes their situation as late technology users, indicating certain specific and original patterns in the adoption of computers. Special attention is given to the implementation of shared computer centers throughout Europe and the results in the area of online accounting systems and teleprocessing systems as steps before the development of savings bank electronic funds transfer networks. It documents that in the savings banks industry, a reciprocal influence between technology and its uses was in play over long period of time and throughout the technological changes.

Suggested Citation

  • Maixé-Altés, J. Carles, 2019. "The Digitalization of Banking: A New Perspective from the European Savings Banks Industry before the Internet," Enterprise & Society, Cambridge University Press, vol. 20(1), pages 159-198, March.
  • Handle: RePEc:cup:entsoc:v:20:y:2019:i:01:p:159-198_00
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    Cited by:

    1. Francisco Zabala Aguayo & Beata Ślusarczyk, 2020. "Risks of Banking Services’ Digitalization: The Practice of Diversification and Sustainable Development Goals," Sustainability, MDPI, vol. 12(10), pages 1-10, May.
    2. Qi Jun & Hasan Dinçer & Serhat Yüksel, 2021. "Stochastic hybrid decision‐making based on interval type 2 fuzzy sets for measuring the innovation capacities of financial institutions," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(1), pages 573-593, January.

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