Paradigm Change in Financing Sources

2022 ◽  
pp. 355-377
Author(s):  
Çiğdem Kurt-Cihangir ◽  
Burcu Zengin
Keyword(s):  
Corporate Finance ◽  
Financial System ◽  
Digital Technologies ◽  
Financial Inclusion ◽  
Financial Resources ◽  
Paradigm Change ◽  
Digital Inclusion ◽  
Main Subject ◽  
Technological Developments ◽  
Shed Light

Paradigm changes also change the sources of corporate finance. The goal of this chapter is to demonstrate how the sociological changes that will be created by technological developments transform the sources of finance within the framework of “sustainability” and “financial inclusion.” At this point, the basic elements of the financial system in the transition from traditional financing to alternative financing and to platform-based financing, albeit a new one, are examined. For this purpose, first of all, traditional financing sources and alternative financing sources are briefly mentioned, and then platform-ecosystem-based financing sources, which are the main subject of the study, are shed light on. The sources of financing provided through FinTechs are examined within the framework of digital finance-digital inclusion and online finance models (especially crowdfunding). The changes that the COVID-19 process may create in financial resources and the digital technologies it may bring are also assessed.

scholarly journals “Travelling with the Traveller”: An Ethnographic Framework for the Study of Migrants’ Digital Inclusion’

JOMEC Journal ◽  
2017 ◽  
pp. 4
Author(s):  
Panayiota Tsatsou ◽  
Maria-Nerina Boursinou
Keyword(s):  
Data Collection ◽  
Participant Observation ◽  
Digital Technologies ◽  
Time Frame ◽  
Digital Inclusion ◽  
Research Framework ◽  
Ethnographic Methodology ◽  
Shed Light

This paper argues that researchers who study migrants’ digital inclusion need to shed light on migrants’ use of digital technologies within the time frame and context of ‘migration travel’ and while migrants are in transition to a new or safer place for resettlement. In support of this argument, the paper proposes a ‘travelling with the traveller’ research framework that applies an ethnographic methodology and aims at the researcher experiencing or even becoming an integral part of the migration travel. The paper presents this travelling with the traveller framework and discusses the implications of digital inclusion (or the absence of it) for migrants’ experience, to combat or alleviate of all sorts of adversities, volatile emotions, unanticipated problems and moments of uncertainty and crisis migrants so often encounter on the move from homeland to another land, from one life setting to another. Further, the paper presents the fieldwork processes and data collection techniques of the proposed travelling with the traveller framework, such as participant observation, informal and open-ended interviews, as well as the use of video and photographic footage. 

scholarly journals Industry 4.0 and BIM: Do They Share the Same Objectives?

2021 ◽  
pp. 412-418
Author(s):  
Laurent Joblot ◽  
Christophe Danjou ◽  
Robert Pellerin ◽  
Samir Lamouri
Keyword(s):  
Industry 4.0 ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Construction Sector ◽  
The Past ◽  
Technological Developments ◽  
Shed Light ◽  
Scientific Advances

AbstractIn recent years, many changes have been taking place within the construction sector which is much more prone to innovate than in the past. New forms of processes are emerging with the introduction of digital technologies. This article aims to shed light on recent scientific advances that link Industry 4.0 to this sector. To this end, a review of articles published over the past 10 years reporting experiences and gains from 4.0 technologies applied to construction was conducted. It turns out that recent technological developments have brought new functionalities and new perspectives to companies. Some of these were not initially claimed with the sole deployment of a BIM approach. These new opportunities have ultimately raised questions as to whether and how they could impact the speed at which a digital transformation of the sector could take place.

Mobile Money - A Catalyst for Financial Inclusion in Developing Economies: A Case Study of Zimbabwe using FinScope Survey Data

GIS Business ◽  
2016 ◽  
Vol 12 (4) ◽  
pp. 45-56
Author(s):  
Kingstone Mutsonziwa ◽  
Obert K. Maposa
Keyword(s):  
Rural Communities ◽  
Developing Economies ◽  
Adult Population ◽  
Financial System ◽  
Financial Inclusion ◽  
Viable Option ◽  
Mobile Money ◽  
Bank Branches ◽  
Financial Transactions

Mobile money in Zimbabwe has extensively extended the frontiers of financial inclusion to reach millions who were earlier excluded within a relatively short space of time. The growing use of mobile phones in transferring money and making payments has significantly altered the countrys financial inclusion landscape as millions who had been hitherto excluded can now perform financial transactions in a relatively cheap, reliable and secure way. The FinScope results found out that 45% of the adult population use mobile money services. Of those using mobile money, 65% mentioned that is convenient, while 36% mentioned that it is cheap. Mobile money is accessible. These drivers are in the backdrop of few or no bank branches in rural communities as well as time and cost of accessing the bank branches. In Zimbabwe, mobile money is mostly used as a vehicle for remittances. While some people are enjoying mobile money services, it is important to mention that there are still people who are excluded from the formal financial system. The reasons why people do not use mobile money are mainly related to poverty issues. Mobile money remains a viable option to push the landscape of financial inclusion in Zimbabwe and other emerging markets where the formal financial system might not be strong.

Computers and Society

2019 ◽  
Author(s):  
Ronald M. Baecker
Keyword(s):  
Mobile Phones ◽  
Ethical Issues ◽  
Digital Technologies ◽  
Digital Inclusion ◽  
War And Peace ◽  
Modern Life ◽  
Corporate Networks ◽  
Naked Eye ◽  
Widespread Availability ◽  
Computers And Society

The last century has seen enormous leaps in the development of digital technologies, and most aspects of modern life have changed significantly with their widespread availability and use. Technology at various scales - supercomputers, corporate networks, desktop and laptop computers, the internet, tablets, mobile phones, and processors that are hidden in everyday devices and are so small you can barely see them with the naked eye - all pervade our world in a major way. Computers and Society: Modern Perspectives is a wide-ranging and comprehensive textbook that critically assesses the global technical achievements in digital technologies and how are they are applied in media; education and learning; medicine and health; free speech, democracy, and government; and war and peace. Ronald M. Baecker reviews critical ethical issues raised by computers, such as digital inclusion, security, safety, privacy,automation, and work, and discusses social, political, and ethical controversies and choices now faced by society. Particular attention is paid to new and exciting developments in artificial intelligence and machine learning, and the issues that have arisen from our complex relationship with AI.

Das Zeitalter der Künstlichen Intelligenz als Herausforderung für die Parlamente

2021 ◽  
Vol 52 (1) ◽  
pp. 159-181
Author(s):  
Arne Pilniok
Keyword(s):  
Artificial Intelligence ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Processes Of Change ◽  
Parliamentary Democracy ◽  
Democratic Representation ◽  
Government Administration ◽  
Technological Developments ◽  
Different Dimensions ◽  
The Government

The digital transformation is permanently changing the government, administration, and society . This process is being intensified by the much-discussed technologies of artificial intelligence, and poses a variety of challenges for parliaments and indirectly for parliamen­tary studies . Their different dimensions have not been discussed comprehensively so far, although the technological developments affect all parliamentary functions and their prem­ises . This article systematizes and structures the various effects of the age of artificial intel­ligence on parliamentary democracy . Namely, the conditions of democratic representation change, the innovation-friendly regulation of digital technologies becomes a parliamentary task, parliamentary control has to be adjusted to the use of algorithms and artificial intelli­gence in government and administration, and possibly, the epistemological and organiza­tional structures of parliamentary work might have to be adapted . This provides starting points for future detailed analyses to adequately capture these processes of change and to accompany them from different disciplinary perspectives .

scholarly journals Challenges Facing Financial Inclusion Due to the COVID-19 Pandemic

2020 ◽  
Vol 3 (2) ◽  
pp. 50
Author(s):  
Tea Kasradze
Keyword(s):  
Low Income ◽  
Small And Medium Enterprises ◽  
Financial Inclusion ◽  
Financial Resources ◽  
Financial Products ◽  
The Poor ◽  
Wide Range ◽  
Medium Enterprises ◽  
The Impact ◽  
Poor Population

Financial inclusion is often considered as an access to financial resources for the wide public and small and medium-sized businesses, although it is a much broader concept and includes a wide range of access to quality financial products and services, including loans, deposit services, insurance, pensions and payment systems. Mechanisms for protecting the rights of consumers of financial products and services are also considered to be subject to financial inclusion. Financial inclusion acquires great importance during the pandemic and post-pandemic period. The economic crisis caused by the pandemic is particularly painful for low-income vulnerable population. A large part of the poor population who were working informally has lost source of income due to lockdown from the pandemic. Remittances have also been reduced / minimized, as the remitters had also lost jobs and are unable to send money home. Today, when people die from Coronavirus disease, it may be awkward to talk about the financial side of a pandemic, but the financial consequences can be far-reaching if steps are not taken today to ensure access to and inclusion of financial resources. The paper examines the impact of the pandemic on financial inclusion and the responses of the governments and the financial sectors to the challenge of ensuring the financial inclusion of the poor population and small and medium enterprises.

scholarly journals Improvement of the Financial Services Market in the Context of Ensuring the Financial Inclusion

2021 ◽  
Vol 8 (523) ◽  
pp. 127-134
Author(s):  
O. V. Zhulyn ◽  
Keyword(s):  
Behavioral Finance ◽  
Financial Literacy ◽  
Financial Services ◽  
Digital Technologies ◽  
Financial Service ◽  
Financial Inclusion ◽  
Low Incomes ◽  
Analytical Research ◽  
Low Levels ◽  
Theoretical Foundations

The article is aimed at studying the theoretical, organizational and methodical aspects of financial inclusion; conducting an analytical research on the development of financial inclusion and its impact on the welfare of the population; formation of recommendations for improving the financial services market in the conditions of ensuring the financial inclusion in Ukraine. The theoretical foundations of financial inclusion and its components are considered, the author suggests to enclose therein the speed and security of obtaining a financial service, which is provided with the help of digital technologies, which is relevant in the context of the COVID-19 pandemic. The carried out analytical studies of financial inclusion in the world and in Ukraine have shown that its level is constantly growing and there are sufficient prerequisites for its development, including in the financial market the maximum number of the population who will be able to benefit from the use of financial services. As a result of the analysis, a framework for financial inclusion has been developed that allows identifying entities that are often unwittingly excluded from the financial services market – due to low levels of financial literacy, low incomes or discrimination on the part of financial institutions. An important aspect of the implementation of the concept of financial inclusion is the motivation to use financial services, using behavioral finance methods for this – not only by those who are forced to exclude, but also those who voluntarily refused to use them. The publication proposes recommendations and instruments for improving the financial services market, which will increase the level of financial inclusion, which in turn will contribute to economic growth, mobilization of savings, their preservation and increase, introduction of innovations and development of entrepreneurship.

scholarly journals Financial Village Standing in Indonesian Financial System

Rechtsidee ◽  
2015 ◽  
Vol 2 (2) ◽  
pp. 121
Author(s):  
Herry Purnomo
Keyword(s):  
Financial Management ◽  
Financial System ◽  
Financial Resources ◽  
Criminal Offence ◽  
State Budget ◽  
Regional Finance ◽  
Financial Position ◽  
The Law ◽  
Principle Of Legality ◽  
The Village

Financial resources of the village that are sourced from a country or a Regional Finance Financial based Law Number 6 Year 2014 of The Village is the mandate of the law that must be allocated to the village. The interconnectedness of the financial position of the village in the financial system of the country or Region concerned the Financial administrative and territorial relations, and there is no setting directly regarding the finances of the village as part of the financial system of the country or the financial area. In respect of the elements of the crime of corruption deeds against financial irregularities of the village there are still disagreements on the interpretation of the law in trapping the perpetrators of corruption on the village chief that implies not satisfy the principle of legality and legal certainty in the ruling of the matter of financial irregularities. In fact, many of the village chief or Councilor caught the criminal offence of corruption over the use of financial irregularities. This research analyzes How the financial position of the village in the financial system of the country or region, as well as whether the financial resources of the village is derived from the state budget or region budget managed in village budget belongs to the category of village finances and whether tort against the financial management of the village can be categorized as a criminal act corruption. How To Cite: Purnomo, H. (2015). Financial Village Standing in Indonesian Financial System. Rechtsidee, 2(2), 121-140. doi:http://dx.doi.org/10.21070/jihr.v2i2.81

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