About this document
Disruption in Financial Intermediation by Jefery Sung is a document available to read on EtoBox.
This article discusses the effects of technological change on financial intermediation. It distinguishes between innovations in information, such as increased data collection and processing, and innovations in communication, like the shift away from in-person interactions. Both trends are accelerating due to technology. More recent innovations include machine learning using abundant data and the rise of digital platforms. These disrupt the traditional bank business model by allowing specialized providers to
- Author
- Jefery Sung
- Language
- EN