Author(s): Rastislav FUNTA

Title: DIGITIZATION ON THE FINANCIAL MARKETS

Source: E. Korcsmáros (ed.): 13th International Conference of J. Selye University. Economics Section. Conference Proceedings

ISBN: 978-80-8122-411-9

DOI: https://doi.org/10.36007/4119.2022.115

Publisher: J. Selye University, Komárno, Slovakia

PY, pages: 2021, 115-122

Published on-line: 2022

Language: en

Abstract: The financial markets are characterized by several influencing factors like, the increasing regulation; the low interest rate policy; digitization and the market entry of new providers. In the present article, the third influencing factor is especially relevant and in particular the competitive aspects of digitization in the financial markets. In the following, the competitive effects of digitization on the sale of services via electronic channels will first be examined. The further developments in competition that have been observed are then presented. The article closes with recommendations for action in this field. The main objective of the article is to comprehensively analyse digitization and its effects with regard to challenges in connection with financial markets.

Keywords: Digitization, digital economy, financial markets, competitive effects, regulation

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