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Found 5 essays matching the above criteria.

  1. 1. Stablecoins: the possibility of a cryptocurrency becoming the future means of payment

    University essay from KTH/Skolan för industriell teknik och management (ITM)

    Author : Emelie Zhao; Oskar Ringström; [2022]
    Keywords : Cryptocurrencies; Stablecoins; Private money; Central Bank Digital Currencies; Payment systems; Kryptovalutor; Stablecoins; Privata pengar; Centralbanksvalutor; Betalsystem;

    Abstract : The emergence of stablecoins and their current implementations share many similarities to the American free banking era. This was an era with economically inefficient money and payment systems, where banks issued private money that were fully redeemable in theory but not always in practice. READ MORE

  3. 2. Electricity Consumption of a Distributed Consensus Algorithm

    University essay from Lunds universitet/Institutionen för elektro- och informationsteknik

    Author : Wilhelm Wanecek; [2021]
    Keywords : Energy efficiency; Payment systems; Stellar; Consensus algorithm; Digital currencies; Technology and Engineering;

    Abstract : The colossal electricity consumption of proof-of-work cryptocurrencies such as Bitcoin and Ethereum has caused critical examination of how consensus in blockchain-solutions is designed. Stellar is a decentralized, open-membership payment network built on blockchain technology, with the goal of enabling money to flow between banks, businesses and people across the global financial infrastructure, while minimizing latency and transaction fees. READ MORE

  4. 3. The Future Bank : Banking services seen through the eye of Generation Y, risin’ up to the challenge of industrial transformation.

    University essay from KTH/Hållbarhet och industriell dynamik

    Author : Kärsti Kämpe; Amanda Näsman; [2018]
    Keywords : Open banking; Platform economies; Generation Y; PSD2; New service development; Customer knowledge; Multi-sided platforms; Customer innovation; Open banking; Plattform ekonomier; Generation Y; PSD2; Ny tjänsteutveckling; Kundkunskaper; Flersidiga plattformar; Kunddriven innovation;

    Abstract : The financial sector, as we know it, is radically transforming. As a result of the European regulation PSD2, customers banking data is becoming available for third parties by APIs [Evry n.d]. The traditional banks are now being exposed to competition from FinTechs and BigTech [Evry 2017]. READ MORE

  5. 4. PSD2 - A Catalyst for the Future of Retail Banking : Banks’ strategies to reach a competitive advantage from PSD2 in Sweden

    University essay from KTH/Industriell ekonomi och organisation (Inst.)

    Author : MARTIN BRODERICK; RASMUS PALM; [2018]
    Keywords : the revised payment service directive; PSD2; retail banking; strategies; competitive advantage; open innovation; open banking; digital platforms; network effects; future banking.; andra betaltjänstdirektivet; PSD2; retail banking; strategier; konkurrensfördel; öppen innovation; open banking; nätverkseffekt; digitala plattformar; framtidens bank.;

    Abstract : The new EU regulation, revised payment services directive (PSD2), will change how the retail banking market works today. It will obligate banks, with the consumer’s consent, to provide access to account information and thus open up the market for new actors. READ MORE

  6. 5. Corporate customer loyalty within the banking sector: The case of SEB

    University essay from Högskolan i Jönköping/IHH, Företagsekonomi

    Author : Sofia Björk; [2015]
    Keywords : Marketing strategy; Customer loyalty; Digitalization; Decision-making; Service Quality; Marknadsstrategier; Kundlojalitet; Digitalisering; Beslutstagande; Servicekvalitet;

    Abstract : Abstract Background: The financial sector is under constant development and the massive digitalization has changed the banking sector. The banking industry is nowadays characterized by self-service solutions and customers can solve their problems from everywhere and at any moment. READ MORE