Banking on innovation

Khiaonarong, Tanai.

Banking on innovation modernisation of payment systems by Tanai Khiaonarong, Jonathan Liebenau. - Heidelberg : London : Physica ; Springer [distributor], c2009. - xvii, 190 p. : ill. ; 25 cm. - Contributions to economics .

Includes bibliographical references (p. 177-188) and index.

Front Matter.........................................................
Pages i-xvii.........................................................

Introduction.........................................................
Tanai Khiaonarong, Jonathan Liebenau..........................................................
Pages 1-5..........................................................
Payment Systems: An Innovation Perspective..........................................................
Tanai Khiaonarong, Jonathan Liebenau..........................................................
Pages 7-27..........................................................
Strategic Approaches to Payment Efficiency and Innovation..........................................................
Tanai Khiaonarong, Jonathan Liebenau..........................................................
Pages 29-53..........................................................
The Analysis of Payment Systems Efficiency..........................................................
Tanai Khiaonarong, Jonathan Liebenau..........................................................
Pages 55-99..........................................................
The Diffusion of Payment Innovations..........................................................
Tanai Khiaonarong, Jonathan Liebenau..........................................................
Pages 101-116..........................................................
Capability Development..........................................................
Tanai Khiaonarong, Jonathan Liebenau..........................................................
Pages 117-144.........................................................
Capability Development.........................................................
Tanai Khiaonarong, Jonathan Liebenau.........................................................
Pages 145-172.........................................................
Future Challenges.........................................................
Tanai Khiaonarong, Jonathan Liebenau..........................................................
Pages 173-176..........................................................
Back Matter..........................................................
Pages 177-190..........................................................

Innovation in banking should be directed at improving the infrastructure that fosters efficient financial services and international trade. In this work, innovation theory is used to show how modern payment systems have transformed the technology of banking and facilitated changes in the strategy and structure of financial services organisations. Design, implementation and dissemination of payment systems are described and the analysis of their costs and benefits is combined with case studies of banks undergoing change. By studying firm capabilities, competencies, and resources, the approach is extended to services in general and linked to the ability of firms to compete and promote national economies. Payment systems vary and advanced and developing economies face obstacles in their legal and technical infrastructure, and maturity of banks. By adopting an international perspective, the book offers a unique comparative analysis that shows what kind of investments are likely to be effective.

9783790823325 (hbk.) 3790823325 (hbk.) 9783790823332 (ebook)


Electronic funds transfers.

332.178 / KHI

Powered by Koha