Are We Ready for the Challenge of Banks 4.0? Designing a Roadmap for Banking Systems in Industry 4.0

Mehdiabadi, Amir; Tabatabeinasab, Mariyeh; Spulbăr, Cristi; Yazdi, Amir Karbassi; Birău, Ramona

doi:10.3390/ijfs8020032

Cited by 68 publications

(40 citation statements)

References 79 publications

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“…It was estimated that by 2025, the value of SE would be $335 billion in 2025 (Yaraghi & Ravi, 2017) and this forecast was on the track of becoming a reality. Moreover, Mehdiabadi et al (2020) suggested that currently, FinTech is seen as a good platform for implementing ideas based on the sharing economy and crowdfunding. But unfortunately, the COVID-19 outbreak happened and shattered the entire economic system.…”

Section: Introductionmentioning

confidence: 99%

How COVID-19 has shaken the sharing economy? An analysis using Google trends data

Batool

Ghulam

Hayat

et al. 2020

Economic Research-Ekonomska Istraživanja

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COVID-19 pandemic has disrupted the economies around the world and the economic fallout from preventive measures such as lockdown is enormous. It has massive repercussions for the sharing economy as well. This research paper empirically analyses the impact of lockdown restrictions on five major sectors of the sharing economy such as ride-hailing, accommodation, freelance work, entertainment and delivery services. To evaluate this impact, we employed the difference-in-difference estimation technique using the Google trends data for selected countries. Daily search data of 2019 and 2020 is reindexed to examine the change in search patterns that occurred after lockdown. The empirical results show that transportation and accommodation sectors are negatively impacted by COVID-19 related lockdown while the other sectors of the sharing economy such as freelance work, streaming services and online deliveries are seeing a surge in searches. The findings of this study provide vital insights into the economic disruptions caused by COVID-19 related lockdown. We have highlighted the sectors that are booming during pandemic thus the sharing economy platforms and government have opportunities to invest in these sectors to jump-start the economy. The recently unemployed gig workers can also be employed in these sectors to address the problem of unemployment.

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Section: Introductionmentioning

confidence: 99%

How COVID-19 has shaken the sharing economy? An analysis using Google trends data

Batool

Ghulam

Hayat

et al. 2020

Economic Research-Ekonomska Istraživanja

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“…Our research study provides an additional contribution to the existing literature such as: Spulbar and Nițoi (2012), , Spulbar and Niţoi (2013), Spulbar and Birau (2019), Mehdiabadi et al (2020) and many others.…”

Section: Literature Reviewmentioning

confidence: 75%

The Impact of Digital Banking on the Growth of Micro, Small and Medium Enterprises (Msmes) in India: A Case Study

Meher¹,

Hawaldar

Mohapatra

et al. 2021

Business: Theory and Practice

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Purpose: The purpose of this paper is to formulate a multiple regression model by considering those factors which are positively affecting the growth of Micro, Small and Medium Enterprises (MSMEs) in India. Methodology: The data used in this study are primary in nature which are collected through questionnaire method. The questionnaire involves the nature and size of business and opinion of the owners and managers of 454 MSMEs in Katihar district, a semi-urban area of Bihar in India, regarding the various favourable factors of digital banking on a Likert scale of 1 to 10. Findings: The findings of the study suggest the various favourable factors of digital banking with significant coefficients i.e. Level of Easiness in accepting payments, Level of Easiness in making payments, Level of Easiness in Managing the expenditure of Business, Level of Time Saving, and Level of Check on Misappropriation or Theft of Cash are contributing towards the growth of MSMEs in India. Research Implications: This research will be helpful to the bank managers and policy makers to encourage the MSMEs of semi-urban areas to use digital banking by stressing on only significant favourable factors and also to take necessary steps so that the MSMEs could reap the full benefits of digital banking. The study could give a new insight regarding the extent of contribution of digital banking towards the growth of MSMEs in rural and semi-urban area.

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“…According to , a sustainable development-based approach has significant implications for low and middle-income countries (emerging), considering their main characteristic features such as: demographic dynamics, high degree of poverty, poor quality education, migration, environmental degradation, social inequality, high levels of urbanization, health system deficiencies, rapid technological change, and unsustainable economic growth [105]. Mehdiabadi et al (2020) argued that considering current challenges, the global economy is very dynamic and constantly changing, so innovation and technological development represent essential aspects in regards to a sustainable perspective [106].…”

Section: Discussionmentioning

confidence: 99%

Ranking of Sustainable Medical Tourism Destinations in Iran: An Integrated Approach Using Fuzzy SWARA-PROMETHEE

et al. 2021

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Today, medical tourism is one of the fastest growing sectors of the tourism industry around the world. Medical tourism can contribute to the sustainable development and economic dynamism of countries. Therefore, in this study, we prioritize the world’s leading countries in medical tourism for Iranians. First, five main criteria and 20 sub-criteria were selected, which are the reasons for choosing a country as a medical tourism destination. In this paper a combined fuzzy SWARA-PROMETHEE approach was used to prioritize tourism destinations. The acronym PROMETHEE stands for Preference Ranking Organization Method for Enrichment Evaluation method and represents an useful MCDA (Multi-Criteria Decision Analysis) tool. On the other hand, SWARA acronym means Step-wise Weight Assessment Ratio Analysis. The criteria were weighted using the fuzzy SWARA approach. In the following, using the PROMETHEE approach, we prioritized eight countries as tourism destinations, then we identified criteria related to sustainability of medical tourism destinations and prioritized medical tourism destinations using these criteria as the contributions of this paper. The weights obtained for criteria “Abilities of skilled staff,” “Applied medical equipment,” “Marketing capability,” “Type of service provided,” and “Application of information and communications technology” were 0.176, 0.232, 0.108, 0.395, and 0.089, respectively. The results show that medical tourism destination priorities for Iranians are India (Phi = 0.1396), Malaysia (Phi = 0.1128), Panama (Phi = 0.0976), Mexico (Phi = 0.0790), Singapore (Phi = 0.0096), Taiwan (Phi = −0.0442), Brazil (Phi = −0.1747), and Costa Rica (Phi = −0.2196), respectively. Negative Phi values indicate below average performance of those countries and positive Phi values indicate above average performance of those criteria. The results indicate that countries with negative Phi values should be strengthened relative to the improvement of some criteria.

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Are We Ready for the Challenge of Banks 4.0? Designing a Roadmap for Banking Systems in Industry 4.0

Cited by 68 publications

References 79 publications

How COVID-19 has shaken the sharing economy? An analysis using Google trends data

How COVID-19 has shaken the sharing economy? An analysis using Google trends data

The Impact of Digital Banking on the Growth of Micro, Small and Medium Enterprises (Msmes) in India: A Case Study

Ranking of Sustainable Medical Tourism Destinations in Iran: An Integrated Approach Using Fuzzy SWARA-PROMETHEE

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