Banking and Fintech: A Challenge or Opportunity?
Banking and Fintech: A Challenge or Opportunity?
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银行业和金融科技：挑战还是机遇？
DOI：
10.1108/s1569-375920160000098002
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发表时间：
2016
期刊：
影响因子：
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通讯作者：
Marina Kudinska
中科院分区：
文献类型：
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作者：
I. Romānova;Marina Kudinska
全球经济、创新的重要性日益增加以及技术的广泛应用改变了全球银行业务。金融科技（FinTech）已成为银行业不可或缺的一部分，如今银行已开始在金融服务之外展开竞争，面临来自提供支付服务等非金融机构的日益激烈的竞争。初创服务提供商、搜索引擎和社交网络已经扩大了它们的服务，“干扰”了传统上由银行覆盖的领域。金融科技的迅速崛起改变了银行业的业务格局，要求更多创新的解决方案。这些趋势要求银行增加对金融科技的投资，重新思考服务分销渠道，特别是企业对消费者的模式，进一步提高后台功能的标准化等。其他人认为，金融科技已经成为一个挑战，可以转化为一个机遇，因为它提供了更大的灵活性，在某些领域提供了更好的功能，并提供了服务的聚合。本文旨在分析银行业的最新趋势，识别金融科技对银行的机遇和风险。及时将金融科技融入业务，使银行能够在日益激烈的竞争中获得优势。本文对金融科技和银行业的最新趋势进行了广泛的分析，考察了欧洲和美国领先银行的经验，以及对不同国家金融服务业成员进行的调查。作者研究了金融创新和技术市场的发展，评估了金融科技领域的现有做法，确定了与金融科技发展相关的主要风险，以及银行在微观和宏观层面上面临的金融创新。该文件为监管机构和银行提供了建议，以确保降低与金融科技发展相关的风险。对金融科技市场的分析显示，竞争日益激烈，包括来自非金融机构的竞争。本文为商业银行加强金融创新的地位和控制金融创新的风险提供了切实可行的建议。
Global economy, growing importance of innovations as well as wide use of technologies have changed the banking business worldwide. Financial technologies (FinTech) have become an integral part of banking, and nowadays banks have started to compete beyond financial services facing increasing competition from nonfinancial institutions providing, for example, payment services. Start-up service providers, search engines, and social networks have expanded their services “interfering” in the fields traditionally covered by banks. The rapid rise of FinTech has changed the business landscape in banking asking for more innovative solutions. These recent tendencies require the banks to increase investment in FinTech, rethink service distribution channels, especially the business-to-consumers models, increase further standardization of back-office functions, etc. Some members of the financial services industry see the boom in FinTech as a threat to traditional banking industry. Others believe that FinTech has become a challenge that can be turned into an opportunity as it provides more flexibility, better functionality in some areas, and aggregation of services. The aim of the paper is to analyze the recent trends in banking, identifying opportunities and risks of FinTech for banks. A timely integration of FinTech into business allows banks to get an advantage in growing competition. This paper provides an extensive analysis of recent trends in FinTech and banking, examining experience of leading European and US banks, as well as surveys conducted among members of the financial services industry in different countries. The authors have studied the development of the financial innovation and technology market, assessed the existing practices applied in the field of FinTech, identified the main risks related to development of FinTech and financial innovations the banks are exposed to on the micro- and macrolevel. The paper provides recommendations for regulators and banks to ensure reduction of risks associated with development of FinTech. Analysis of FinTech market has shown growing competition, including from nonfinancial institutions. The paper provides practical recommendations to commercial banks for strengthening the position in financial innovations and controlling the risks associated with introduction of financial innovations.