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Digital Disruption: How the Financial Services Landscape Is Being Transformed

In: Disruptive Technology in Banking and Finance

Author

Listed:
  • Walter Gontarek

    (Cranfield University)

Abstract

This chapter presents a practitioner’s perspective on the disruptive power of digitalization in financial services. It outlines the main challenges faced by incumbent financial institutions and considers the adoption of disruptive technologies, including cloud-based computing, APIs and AI. It reports on the digitalization of several financial services sectors before exploring the role of key stakeholders, including the regulator.

Suggested Citation

  • Walter Gontarek, 2021. "Digital Disruption: How the Financial Services Landscape Is Being Transformed," Palgrave Studies in Financial Services Technology, in: Timothy King & Francesco Saverio Stentella Lopes & Abhishek Srivastav & Jonathan Williams (ed.), Disruptive Technology in Banking and Finance, edition 1, chapter 0, pages 221-240, Palgrave Macmillan.
    • Handle: RePEc:pal:psincp:978-3-030-81835-7_8
    DOI: 10.1007/978-3-030-81835-7_8
    as

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