IDEAS home Printed from https://ideas.repec.org/h/wsi/wschap/9789811230011_0008.html
   My bibliography  Save this book chapter

Digital Transformation of Banks: The Case of DBS

In: Financial Management in the Digital Economy

Author

Listed:
  • Kok Choon Tay
  • Calvin M. L. Chan

Abstract

The digital economy has redefined the way people do business, and banking is no exception. Established banks are experiencing tough competition. Global technology companies are looking to disrupt the banking business. These agile technology companies, with the potential to emerge as digital banks, are actively expanding their product portfolio, capitalizing on their deep technical expertise while aggressively seeking collaboration opportunities to invest in more customer-centric products…

Suggested Citation

  • Kok Choon Tay & Calvin M. L. Chan, 2021. "Digital Transformation of Banks: The Case of DBS," World Scientific Book Chapters, in: David Kuo Chuen Lee & Ding Ding & Chong Guan (ed.), Financial Management in the Digital Economy, chapter 8, pages 141-161, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811230011_0008
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/doi/pdf/10.1142/9789811230011_0008
    Download Restriction: Ebook Access is available upon purchase.
    File URL: https://www.worldscientific.com/doi/abs/10.1142/9789811230011_0008
    Download Restriction: Ebook Access is available upon purchase.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dorow, Max & Hastenteufel, Jessica & Weber, Susanne Theresia, 2023. "Auswirkungen der Digitalisierung auf das Controlling und die Rolle der Controller:innen," IU Discussion Papers - Business & Management 4 (Juni 2023), IU International University of Applied Sciences.
    2. Abate, Gashaw T. & Abay, Kibrom A. & Chamberlin, Jordan & Kassim, Yumna & Spielman, David J. & Paul Jr Tabe-Ojong, Martin, 2023. "Digital tools and agricultural market transformation in Africa: Why are they not at scale yet, and what will it take to get there?," Food Policy, Elsevier, vol. 116(C).
    3. Choung, Youngjoo & Chatterjee, Swarn & Pak, Tae-Young, 2023. "Digital Financial Literacy and Financial Well-Being," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, issue Journal P, pages 1-1.
    4. Alaa Tag Eldin Mohamed, 2022. "Enhancing The Role Of Human Resource Management In Digital Transformation Of Egyptian Universities. A Case Study Of South Valley University," INTERNATIONAL SCIENTIFIC AND PRACTICAL CONFERENCE "HUMAN RESOURCE MANAGEMENT", University of Economics - Varna, issue 1, pages 104-112.
    5. Fouquet, Roger & Hippe, Ralph, 2022. "Twin transitions of decarbonisation and digitalisation: a historical perspective on energy and information in European economies," LSE Research Online Documents on Economics 115544, London School of Economics and Political Science, LSE Library.
    6. Huang, Wenyang & Gao, Tianxiao & Hao, Yun & Wang, Xiuqing, 2023. "Transformer-based forecasting for intraday trading in the Shanghai crude oil market: Analyzing open-high-low-close prices," Energy Economics, Elsevier, vol. 127(PA).
    7. Hocke, Simone & Klee, Andreas, 2023. "Transformation in der Arbeitswelt gestalten: Welchen Beitrag leistet eine akademische Weiterbildung von Betriebs- und Personalräten?," Working Paper Forschungsförderung 309, Hans-Böckler-Stiftung, Düsseldorf.
    8. Li, Dan & Li, Yijun & Wang, Chaoqun & Chen, Min & Wu, Qi, 2023. "Forecasting carbon prices based on real-time decomposition and causal temporal convolutional networks," Applied Energy, Elsevier, vol. 331(C).
    9. Kanjina, Sukit, 2021. "Farmers' Use of Social Media and its Implications for Agricultural Extension: Evidence from Thailand," Asian Journal of Agriculture and Rural Development, Asian Economic and Social Society (AESS), vol. 11(04), January.
    10. Blind, Knut & Niebel, Crispin, 2022. "5G roll-out failures addressed by innovation policies in the EU," Technological Forecasting and Social Change, Elsevier, vol. 180(C).
    11. Ferilli, Greta Benedetta & Palmieri, Egidio & Miani, Stefano & Stefanelli, Valeria, 2024. "The impact of FinTech innovation on digital financial literacy in Europe: Insights from the banking industry," Research in International Business and Finance, Elsevier, vol. 69(C).
    12. Kim, Hyung-Min & Kim, Seongcheol, 2022. "The show must go on: Why Korea lost its first-mover advantage in Esports and how it can become a major player again," Technological Forecasting and Social Change, Elsevier, vol. 179(C).

    More about this item

    Keywords

    Digital Assets; Blockchain; Blockchain Applications; Financial Technology; Digital Payment; Cryptocurrency; Financial Inclusion; Financial Management; Digital Economy; Digital Transformation; Robo Advisory; Digital Branding; Financial Services;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • G2 - Financial Economics - - Financial Institutions and Services

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:wschap:9789811230011_0008. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscientific.com/page/worldscibooks .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.