Digital Innovations In The World Of Finance

Boskov, Tatjana and Radjenovic, Zarko and Davcev, Ljupco (2018) Digital Innovations In The World Of Finance. SocioBrains, International scientific refereed online journal with impact factor, 5 (52). pp. 139-144. ISSN 2367-5721

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Abstract

In recent years, digital innovations in finance have attracted strong influence from public authorities
and financial sector participants because of their promise to reduce or completely eliminate inefficiencies in
retail payments performance, including those related to remote consumer transactions. Technological
innovations also present challenges and some of them are of a legal nature.
With technological innovations that are still in the formative phase, it is essential to identify and evaluate those
challenges in order to better understand which of their applications encourage and mitigate the risk of
technological innovations that destabilize the efficiency and security of payments.
The purpose of this topic is to analyze the economic aspects of the economy and identify the factors that could
hinder its growth. Existing literature on e-money development is limited. Some other contributors explain the
problem faced by the evolution of e-money on the demand side. They argue that the use of electronic payment
systems requires many preconditions, such as the relatively high level of income and education, which are not
necessary for the use of other payment instruments.

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Tatjana Boskov
Date Deposited: 18 Dec 2018 11:01
Last Modified: 18 Dec 2018 11:01
URI: https://eprints.ugd.edu.mk/id/eprint/20995

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