- The Future of Banking: From Scale & Scope Economies to Fintech
- European Economy - Banks, Regulation and the Real Sector
- Volume | Issue number
- 3 | 2
- Pages (from-to)
- Document type
- Faculty of Economics and Business (FEB)
Interfacultary Research Institutes
- Amsterdam Business School Research Institute (ABS-RI)
Amsterdam Center for Law & Economics (ACLE)
Information technology plays a leading role in the transformation of banking. The deepening of financial markets has profoundly affected the business of banking. The recent focus on fintech – basically, new technology-driven players entering the financial services industry – is the latest manifestation of the impact of information technology on the industry.
This paper will focus on the structure of the banking industry going forward. We will try to draw lessons from the (older) literature on scale and scope economies in banking. Much uncertainty remains as fintech will lead to a disaggregation of the value chain, and will challenge the bank-customer interface at the core.
- Final publisher version
If you believe that digital publication of certain material infringes any of your rights or (privacy) interests, please let the Library know, stating your reasons. In case of a legitimate complaint, the Library will make the material inaccessible and/or remove it from the website. Please Ask the Library, or send a letter to: Library of the University of Amsterdam, Secretariat, Singel 425, 1012 WP Amsterdam, The Netherlands. You will be contacted as soon as possible.