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Transforming the Banking Organization in the Context of Digital Economy

Author

Listed:
  • Oana-Mihaela ILIE

    (Valahia University of Targoviste, Romania)

  • Constanta POPESCU

    (Valahia University of Targoviste, Romania)

  • Silvia Elena IACOB

    (The Bucharest University of Economic Studies, Romania)

Abstract

The technological evolution has brought about major changes in the behavior and expectations of bank customers. Thus, digital innovation is a "must" for the development of the domestic banking market. To the extent that more and more people are using new technologies, business models also change radically. The study focuses on the successful transformation of the banking organization into the context of the digitization of the economy, which offers extraordinary opportunities, but also on building the image of the future bank on the basis of five fundamental characteristics.

Suggested Citation

  • Oana-Mihaela ILIE & Constanta POPESCU & Silvia Elena IACOB, 2017. "Transforming the Banking Organization in the Context of Digital Economy," Proceedings RCE 2017, Editura Lumen, vol. 0, pages 284-292, November.
    • Handle: RePEc:lum:progal:v::y:2017:i::p:284-292
    DOI: https://doi.org/10.18662/lumproc.rce2017.1.24
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    References listed on IDEAS

    as
    1. Oana-Mihaela ILIE & Silvia-Elena IACOB & Drago? PANAGORE?, 2017. "Remarks On The Latest Evolution Of New Information And Communications Technologies Generating The Technological Revolution," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 2(1), pages 150-156.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Carsten Giebe, 2019. "The Chief Digital Officer – Savior for the Digitalization in German Banks?," Journal of Economic Development, Environment and People, Alliance of Central-Eastern European Universities, vol. 8(3), pages 6-15, September.

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    1. Oana-Mihaela ILIE & Constanta POPESCU & Silvia Elena IACOB, 2017. "Transforming the Banking Organization in the Context of Digital Economy," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 284-292.

    More about this item

    Keywords

    hiperconectivity; super computing; cloud computing; smarter world; cyber security. Title of Book: Risk in Contemporary Economy;
    All these keywords.

    JEL classification:

    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate

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