LEADER 04149nam 22005773 450 001 9910548276903321 005 20220907204812.0 010 $a981-16-7830-8 035 $a(CKB)5590000000896793 035 $a(MiAaPQ)EBC6898000 035 $a(Au-PeEL)EBL6898000 035 $a(oapen)https://directory.doabooks.org/handle/20.500.12854/79346 035 $a(PPN)260828823 035 $a(EXLCZ)995590000000896793 100 $a20220321d2022 fy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 14$aThe future of financial systems in the digital age $eperspectives from Europe and Japan /$feditors, Markus Heckel, Franz Waldenberger 210 $aSingapore$cSpringer Nature$d2022 210 1$aSingapore :$cSpringer Singapore Pte. Limited,$d2022. 210 4$dİ2022. 215 $a1 online resource (xxiv, 190 pages) $cillustrations (some color) 225 1 $aPerspectives in law, business and innovation 311 1 $a981-16-7829-4 327 $aChapter 1 Financial Systems in the Digital Age: Perspectives from Europe and Japan Chapter 2 The Future of Japan?s Financial Market Chapter 3 Financial Digitalization and Regulatory Challenges for Japan Chapter 4 Digital Currencies and the Future of Money Chapter 5 Central Bank Digital Currencies in a World with Negative Nominal Interest Rates Chapter 6 The Future of Payments in a DLT-based European Economy: A Roadmap Chapter 7 Digitalization of Payment Instruments: Cashless Payments and Loyalty Points Systems Chapter 8 The Changing Landscape of Retail Banking and the Future of Digital Banking Chapter 9 High-Frequency Trading in Japan: A Unique Evolution 330 $aThis book is open access, which means that you have free and unlimited access. The increasing capacity of digital networks and computing power, together with the resulting connectivity and availability of ?big data?, are impacting financial systems worldwide with rapidly advancing deep-learning algorithms and distributed ledger technologies. They transform the structure and performance of financial markets, the service proposition of financial products, the organization of payment systems, the business models of banks, insurance companies and other financial service providers, as well as the design of money supply regimes and central banking. This book, The Future of Financial Systems in the Digital Age: Perspectives from Europe and Japan,brings together leading scholars, policymakers, and regulators from Japan and Europe, all with a profound and long professional background in the field of finance, to analyze the digital transformation of the financial system. The authors analyze the impact of digitalization on the financial system from different perspectives such as transaction costs and with regard to specific topics like the potential of digital and blockchain-based currency systems, the role of algorithmic trading, obstacles in the use of cashless payments, the challenges of regulatory oversight, and the transformation of banking business models. The collection of chapters offers insights from Japanese and European discourses, approaches, and experiences on a topic otherwise dominated by studies about developments in the USA and China. 410 0$aPerspectives in law, business and innovation 606 $aFinancial services industry$zEurope 606 $aFinancial services industry$zJapan 610 $aFinancial system 610 $aDigital transformation 610 $aDigital currencies 610 $aCash-less payments 610 $aAlgorithm-based trading 610 $aBlockchain technologies 610 $aOpen Access 615 0$aFinancial services industry 615 0$aFinancial services industry 700 $aHeckel$b Markus$4edt$01355461 701 $aWaldenberger$b Franz$01214763 702 $aHeckel$b Markus 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910548276903321 996 $aThe future of financial systems in the digital age$93359554 997 $aUNINA