Acceptance of the Bank of Uganda Internet Banking System Framework

Baganzi, Ronald; Makanga, Benedict; Kiconco, Rebecca Isabella

doi:10.4236/ojbm.2021.96162

Cited by 2 publications

(1 citation statement)

References 49 publications

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“…The rise of the internet in the late 1990s paved the way for online banking, drastically changing the way customers interacted with banks (Rahi et al, 2018). Online banking revolutionized the banking industry by offering customers the convenience of conducting financial transactions and accessing banking services from their homes (Baganzi et al, 2021 are reshaping banking services. Blockchain, artificial intelligence, and big data analytics offer unprecedented opportunities and challenges for the sector, with mobile banking, digital wallets, and peer-to-peer lending becoming ubiquitous (Zavolokina et al, 2016).…”

Section: Historical Overview Of Banking Servicesmentioning

confidence: 99%

Banking: A Comprehensive Review of the Evolution and Impact of Innovative Banking Services on Entrepreneurial Growth

Onunka,

Raji,

Nkemchor Osafiele

et al. 2023

Econ.grwth.environ.sust

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The evolution of banking has consistently played a significant role in shaping entrepreneurial trajectories across the globe. This paper offers a comprehensive review of the transformation of banking from its nascent stages to the modern era, highlighting the confluence of socio-economic, technological, and regulatory drivers. Emphasizing the Renaissance of Banking, we delve into the emergence of fintech, e-banking, mobile banking, peer-to-peer platforms, and crowdfunding, underscoring how these innovations have democratized financial access. We also address the challenges entrepreneurs face in navigating this dynamic landscape. Through empirical data, the research delineates the correlation between the surge in innovative banking services and the spike in entrepreneurial growth rates. An examination of the global entrepreneurial ecosystem revealed regions where innovative banking has had profound impacts and ripple effects on ancillary industries. The study also contemplates future projections, emphasizing the anticipated integration of AI and machine learning and highlighting potential ethical considerations. Conclusively, policy recommendations are posited to further bridge the nexus between banking innovations and entrepreneurship, along with propositions for future research directions. This paper underscores that as banking continues to evolve, its symbiotic relationship with entrepreneurship is destined to foster economic growth, contingent on adept navigation of challenges and leveraging of opportunities.

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Section: Historical Overview Of Banking Servicesmentioning

confidence: 99%