scholarly journals DIGITAL TRANSFORMATION IN THE FINANCE SECTOR: FINTECH

InterConf ◽  
2021 ◽  
pp. 62-69
Author(s):  
Hatice Özkurt Çokgüngör
Keyword(s):  
Mobile Phone ◽  
Financial Institutions ◽  
Digital Age ◽  
Digital Transformation ◽  
Digital Environment ◽  
The World ◽  
Technological Developments ◽  
Financial Transactions ◽  
The Impact ◽  
Day By Day

Thanks to technological developments that have changed the way the world works, the financial sector has also had to adapt to today's digital age. Transactions that were once only possible with visits to financial institutions can now be completed in minutes with a mobile phone. Developments involving the improvement of financial transactions and services with the help of technology and their transfer to the digital environment The scope of FinTech, that is, financial technologies, continues to expand day by day. The demand for financial technologies has increased tremendously in 2020, especially with the impact of the COVID-19 pandemic. The importance of FinTech solutions in businesses has become even more important in 2021.

FORMATION OF HUMAN CAPITAL IN THE DIGITAL TRANSFORMATION PARADIGM

2020 ◽  
Vol 2 (5) ◽  
pp. 115-119
Author(s):  
M. V. SAVINA ◽  
◽  
A. A. STEPANOV ◽  
I.A. STEPANOV ◽  
◽  
...  
Keyword(s):  
Human Capital ◽  
Digital Age ◽  
Digital Transformation ◽  
Educational Process ◽  
Knowledge And Skills ◽  
Main Components ◽  
The Impact ◽  
Modern Era

The article highlights the problems of the impact of "digitalization" of society on the formation and transformation of human capital, and above all, the development of new competencies, knowledge and skills. The main components of human capital in the modern era, the features of the formal and informal educational process are clarified and disclosed. The necessity of minimizing the precariat class is proved. The main directions of qualitative improvement of human capital adequate to the challenges of the digital age and globalization are defined.

Risks of the Digitalization of Life of the Population and Ways of Decreasing Them

2021 ◽  
Vol 13 (4-1) ◽  
pp. 180-203
Author(s):  
Elena Stukalenko ◽  
Keyword(s):  
Quality Of Life ◽  
Digital Technologies ◽  
Well Being ◽  
Digital Economy ◽  
Digital Transformation ◽  
Negative Consequences ◽  
Short Period ◽  
The World ◽  
The Impact

Digital technologies, ubiquitous in our daily life, have radically changed the way we work, communicate, and consume in a short period of time. They affect all components of quality of life: well-being, work, health, education, social connections, environmental quality, the ability to participate and govern civil society, and so on. Digital transformation creates both opportunities and serious risks to the well-being of people. Researchers and statistical agencies around the world are facing a major challenge to develop new tools to analyze the impact of digital transformation on the well-being of the population. The risks are very diverse in nature and it is very difficult to identify the key factor. All researchers conclude that secure digital technologies significantly improve the lives of those who have the skills to use them and pose a serious risk of inequality for society, as they introduce a digital divide between those who have the skills to use them and those who do not. In the article, the author examines the risks created by digital technologies for some components of the quality of life (digital component of the quality of life), which are six main components: the digital quality of the population, providing the population with digital benefits, the labor market in the digital economy, the impact of digitalization on the social sphere, state electronic services for the population and the security of information activities. The study was carried out on the basis of the available statistical base and the results of research by scientists from different countries of the world. The risks of the digital economy cannot be ignored when pursuing state social policy. Attention is paid to government regulation aimed at reducing the negative consequences of digitalization through the prism of national, federal projects and other events.

Schools in an evolving digital environment: Digital renewal and its maturity

2021 ◽  
pp. 5-28
Author(s):  
А. Yu. Uvarov ◽  
V. V. Vikhrev ◽  
G. М. Vodopian ◽  
I. V. Dvoretskaya ◽  
E. Coceac ◽  
...  
Keyword(s):  
General Education ◽  
Digital Technologies ◽  
Educational Environment ◽  
Digital Transformation ◽  
Educational Process ◽  
Digital Environment ◽  
Current State ◽  
Control Actions ◽  
Time Observation ◽  
The Impact

Evolving digital technologies are infiltrating schools wave after wave. The changes taking place are viewed as the schools’ digital renewal process (SDRP). The SDRP is complex (multidimensional). It includes changes in the educational environment (physical and virtual), the educational process, and the way the school operates. The SDRP goes uneven, with individual schools at different stages. One-time observation of the SDRP allows you to fix its current state (statics). The longitudinal observations allows you to see changes in the schools’ digital renewal (kinematics). The connection of the observed changes with the impact on the general education system makes it possible to discuss the development of digital renewal under the influence of individual control actions (dynamics). The stages of penetration of digital technologies into the work of the school: computerization, early and mature informatization, digital transformation (transition to the “Smart School”) can be considered as the stages of maturity of the SDRP. The article discusses a framework for describing the processes of digital renewal of schools in an evolving digital environment and an assessment of the SDRP’s maturity.

scholarly journals Does partisan grassroots mobilization matter in the digital age?

2020 ◽  
Author(s):  
Daniel Bischof ◽  
Thomas Kurer
Keyword(s):  
Political Parties ◽  
Instrumental Variable ◽  
Digital Age ◽  
Event History ◽  
Public Event ◽  
Global Village ◽  
Bottom Up ◽  
The World ◽  
History Of ◽  
The Impact

Political parties have long thrived on systematic grassroots mobilization of support. But does traditional partisan bottom-up mobilization still matter in an interconnected digital age turning the world into a `global village'? We address this question by studying the impact of the populist Movimento Cinque Stelle (M5S) on the rejection of the 2016 constitutional referendum in Italy. The movement's unusual practice to coordinate activities on a public event platform provides a unique opportunity to collect the complete event history of a modern political party. We merge this data consisting of over 200'000 geo-coded meetings by 1'000 local chapters with referendum results and individual panel data. Relying on regression, matching, and instrumental variable models, we find a small but consistent effect of M5S activity on the referendum outcome. Our findings demonstrate the continued relevance of bottom-up mobilization and highlight direct democratic means as an influential channel for populist movements.

Library Science and Technology in a Changing World

2014 ◽  
pp. 691-702
Author(s):  
Lesley Farmer
Keyword(s):  
Information Literacy ◽  
Library Science ◽  
Information Collection ◽  
Computer Search ◽  
Digital Environment ◽  
Community Members ◽  
Needed Information ◽  
The World ◽  
Efficient Retrieval ◽  
The Impact

As the world changes, so does information and its use. This chapter explains functions of library science as impacted by technology within the context of change. Library science provides the basis for mediation between the community and the information it needs to carry out its functions, tempered by the impact of technologies. Librarians apply library science principles as they develop and manage the community's information collection. In today's digital environment, the proliferation of information requires that librarians increasingly need to interpret, filter, and evaluate that information. Librarians apply library science-based technical processes to organize and optimize the efficient retrieval of the needed information. In addition, librarians foster information literacy in communities, largely serving as a responsive guide for all of its community members, not only for the purpose of pre-existing library comprising their catalogs and indexes, but the creation of new orders developed and made possible by the computer search capabilities. In these ways, library science is dynamic and facilitates change.

Library Science and Technology in a Changing World

2016 ◽  
pp. 2145-2156
Author(s):  
Lesley S. J. Farmer
Keyword(s):  
Information Literacy ◽  
Library Science ◽  
Information Collection ◽  
Computer Search ◽  
Digital Environment ◽  
Community Members ◽  
Needed Information ◽  
The World ◽  
Efficient Retrieval ◽  
The Impact

As the world changes, so does information and its use. This chapter explains functions of library science as impacted by technology within the context of change. Library science provides the basis for mediation between the community and the information it needs to carry out its functions, tempered by the impact of technologies. Librarians apply library science principles as they develop and manage the community's information collection. In today's digital environment, the proliferation of information requires that librarians increasingly need to interpret, filter, and evaluate that information. Librarians apply library science-based technical processes to organize and optimize the efficient retrieval of the needed information. In addition, librarians foster information literacy in communities, largely serving as a responsive guide for all of its community members, not only for the purpose of pre-existing library comprising their catalogs and indexes, but the creation of new orders developed and made possible by the computer search capabilities. In these ways, library science is dynamic and facilitates change.

Challenges of COVID-19 During 2020 and Opportunities for FinTech in 2021 for Digital Transformation of Business and Financial Institutions in India

2021 ◽  
pp. 282-299
Author(s):  
Narinder Kumar Bhasin ◽  
Kamal Gulati
Keyword(s):  
United States ◽  
Financial Institutions ◽  
Job Loss ◽  
Banking Sector ◽  
Extended Period ◽  
The United States ◽  
Emerging Technology ◽  
Digital Transformation ◽  
The World ◽  
Technology Trends

Fintech/TechFin/financial and banking sector achieved the new digital disruptions and transformation milestones in India, underlining the various opportunities in the last year, 2020, when the world was struggling with the COVID-19 pandemic, an extended period of lockdown, job loss, and unemployment. India has emerged as the fastest-growing second largest leading fintech hub in the world after the United States. This chapter will explain the various challenges faced in the year 2020 and opportunities for fintech in 2021. The chapter also explains the emerging technology trends and growth of finechs in India during the COVID pandemic.

scholarly journals China’s E-Economy: An overview of Opportunities and Threats

2019 ◽  
Vol 5 (2) ◽  
pp. 74
Author(s):  
Qiao Yao
Keyword(s):  
Big Data ◽  
Capital Investment ◽  
Digital Age ◽  
Autonomous Driving ◽  
Industrial Sector ◽  
Venture Capital Investment ◽  
Economic Threat ◽  
The World ◽  
The Usa ◽  
The Impact

China is the world biggest country in terms of population. It has the highest number of internet and mobile users. The world most substantial labor forces reside in China. A large proportion of the world is dependent on its exports. Chinas economy grew, in the last decade because of its exports, it got attention all over the world. Economy experts consider China as an economic threat to the USA. However, more studies are mainly focused on China populations, Exports, and labor focus because of the high quantity. The dynamics of the economy has changed in the last decade because of internet penetration across the globe. The Chinas role in digital aspects is least studied. Therefore this paper has focused on providing an overview of E-economy of China. Through literature and world-leading financial and consultancy firms reports it has been observed that just like other aspects of the economy, the e-economy of China is also growing. Today in 2019 where more than 50% of the world has access to the internet, It is considered that the Silicon Valley of USA is deriving the digital age because all big tech companies are located in the USA. USA main exports are Internet-related or Tech products. It is a fact that the USA E-economy contributes more to GDP compared to China. However, China has a potentially bright future in this area and can be the leading country in technology. Exploring the future possibilities, the opportunities which China has to grow in the digital age, the researchers found already there are areas in digital aspects where China has to outnumber the USA. For instance, the Fintech China got more Capital venture investments in 2016 compared to the USA. China is the world second country after the USA in attracting venture capital investment for Virtual Reality, Autonomous Driving, Wearables technologies, Education Technology, Robotics and drones, and 3D Printing. China is in the third position in terms of attracting investment for big data and artificial intelligence. The study concludes that China needs to focus more on big data and AI to continue its growth.  The growing digitalization can improve agriculture and industrial activities as the economy is maturing. The paper is useful for digital experts to view the understand the e-economy in depth, future researchers can narrow down the topic to observe the impact of E-economy on agriculture and industrial sector.

scholarly journals ON THE IMPACT OF DIGITAL TRANSFORMATION ON THE ECONOMY

2020 ◽  
pp. 32-38
Author(s):  
I. V. Goman ◽  
I. N. Shakhtarina
Keyword(s):  
Artificial Intelligence ◽  
World Economy ◽  
Digital Transformation ◽  
The World ◽  
The Impact

The article is devoted to the study of the impact global digitalization on the economy. The analysis of the development of technologies, including digital ones, and their impact on the world economy was carried out. Historical works describing possible changes in the mechanism of benefits distribution were studied. The main concerns related to digitalization, creation of artificial intelligence and global robotization were considered. Assumptions regarding possible development of the economy were made.

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