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Banking-finance-Innovations | Open Access Journals
Journal of Business & Financial Affairs

Journal of Business & Financial Affairs

ISSN: 2167-0234

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Banking-finance-Innovations

The process of creating new financial products, services, or processes used in the lending and borrowing of funds is known as the financial Innovation. Banking - Finance are the Terms of Macro Economics, which are dealing with the work in banking and money management services such as saving, investing and retirement plans. there is a vast growth in the banking and financial services field, and many opportunities for growth. By the recent innovations, many changes has been done, by including -  updates in technology, risk transfer, and credit and equity generation and crowdfunding, mobile banking technology, and remittance technology, and an increased available credit for borrowers and given banks new and less costly ways to raise equity capital. Banking - Finance - Innovation is an important contribution to economic growth and to the stability of financial systems. the five Innovation trends which will define the innovative Banking technology in recent years were as following : Serving a Segment of One, AI-Driven Predictive Banking, Expansion of Open Banking,  Commitment to Phygital Delivery, Payments Everywhere.

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Citations: 1726

Journal of Business & Financial Affairs received 1726 citations as per Google Scholar report

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