Financial landscape transformation : technological disruptions

Abstract

This collection of academic papers explores the complex relationship between technological progress and economic occurrences in the fast-changing financial environment of the current day. The convergence of finance and technology, commonly called ‘Fintech’, has enabled groundbreaking advancements and substantial transformations in the financial sector. The authors do a comprehensive examination of the relationship between the expansion of the insurance sector and foreign direct investment (FDI) through a panel cointegration analysis. They highlight the crucial role that robust insurance markets play in fostering a conducive environment for foreign investments. The influence of artificial intelligence (AI) on personal and business finance is a noteworthy topic of concern in this compilation. The authors comprehensively analyze the available literature to assess the present status of AI implementations in the banking sector. They meticulously assess and debate the prospective benefits and challenges predicted. This extensive inquiry provides the groundwork for future research to use the potential of AI in revolutionizing financial decision-making, risk management, and consumer contact. An in-depth comprehension of significant price fluctuations and alterations in volatility factors is essential in financial markets. The authors employ a thorough case study on Borsa Istanbul, examining the atypical price swings and their underlying causes. Examining extraordinary events enables market participants to develop essential inferences that aid in predicting and mitigating risks linked to financial trading and investing. Digitalization has dramatically transformed the consumer experience, notably affecting customer happiness and loyalty. This book analyses digital banking services to explore the crucial factors that impact customer involvement in the digital era. A thorough comprehension of these dynamics allows financial institutions to develop more effective strategies to enhance service delivery and foster long-lasting customer relationships. Stock market investors are perpetually concerned about inflation and abrupt fluctuations in oil prices. This compilation employs empirical research to elucidate the intricate interrelationships between macroeconomic factors and stock market results. The authors offer crucial guidance for investors and policymakers to create more robust investment portfolios and adopt creative economic policies to address macroeconomic volatility. [extract]