305,279 research outputs found
Banche e struttura modulare dei sistemi di pagamento: una prospettiva di analisi economico-aziendale
No full textTechnology is changing the fundamental economics of the payment industry, just as it has in many other industries. Technological innovations in payment systems have deep managerial and financial implications at firm, industry, and regulatory levels. This paper adopts a business management perspective of studies to examine the distinctive factors of the adoption and diffusion of technological innovation in the economics of payments systems. The main aim is to identify the relevant drivers which lead to modularity of payments systems in the financial industry. In this paper, I adopt a modular design methodology to identify the factors related to the interoperability of payments systems, to analyse the implications of the modularity for a payment system architecture, and to explore some of the challenges likely to be faced by banks. I discuss how the modular properties of a payment system are drivers of great importance that affect the flexibility and variability of the components and structure of payment systems over time. The paper shows that the modularity structure of the information and telecommunication technologies, such as intergenerational compatibility, upgradability, interconnectivity, creates strategic and operating opportunities concerning the economics of payment systems. Participants provide specific modules of activity and customers access multiple payment service providers via a variety of distributors. The comprehension of the rational underlying them is critical to develop competitive business models for the production and distribution of payment instruments and services. Different theoretical and empirical perspectives analyse the process of adoption and diffusion of innovations in the banking industry. These different perspectives point out the complexity of the issue and the many implications on the shaping of the boundaries of a payment system. Although the existence of substantial research on payment systems and financial innovation in the literature, none has directly focused on the modularity properties of payment systems and the subsequent processes of network integration, adoption and diffusion of innovations. It leaves a gap that the paper aims to overcome
Information providers e information sharing mechanisms nel mercato creditizio italiano.
No full textIl presente lavoro esamina i principali casi aziendali di information providers e sistemi di information sharing operanti nel mercato creditizio italiano, con una prospettiva di analisi prettamente economico-aziendale. Sono analizzati i modelli di business dei primi 5 operatori italiani: Cerved, Crif, Infocamere, Experian, Euler Hermes Siac. Sarà, inoltre, preso in esame il sistema di condivisione di informazioni di natura pubblica, gestito dalla Banca d’Italia, che ha un ruolo di rilievo nel sistema creditizio italiano. Quello che emerge dall’analisi è un quadro molto variegato dei sistemi di informazione creditizia operanti in Italia in quanto, accanto al tradizionale business dell’informazione creditizia, gli information providers hanno variamente ampliato i servizi prodotti, a supporto dei processi di sviluppo aziendale di imprese e banche
Le differenti tipologie di investimento finanziario
No full textIl vademecum "La tutela del risparmio" è realizzato nell'ambito del Programma Generale di intervento “Sicilia e consumatori: diritti e tutele” della Regione Siciliana. Il vademecum illustra le principali tipologie di investimento finanziario, con un approfondimento sugli strumenti più rischiosi come gli strumenti derivati e gli investimenti in valuta estera. Nel vademecum vengono delineati i profili essenziali della tutela del risparmio nell'ordinamento italiano, nonchè il diritto all’informazione da parte dei risparmiatori-consumatori e dei connessi obblighi informativi da parte delle banche e degli altri operatori finanziari
LA MULTICANALITA’ NEL RETAIL BANKING: INNOVAZIONI, STRATEGIE, RISCHI
No full textIl presente lavoro intende prendere in esame i processi di innovazione tecnologica ed organizzativa nel mercato dei servizi di retail banking, con particolare riferimento all’accesso multicanale ai prodotti e servizi bancari che, inquadrandosi nei profondi cambiamenti della struttura distributiva delle banche intervenuti negli ultimi anni, rappresenta un connotato strutturale del mercato dei servizi bancari retail. Saranno, pertanto, analizzati i caratteri distintivi della multicanalità nel retail banking, le implicazioni di carattere organizzativo e strategico che simili processi evolutivi determinano nell’economia e gestione delle banche, i principali profili di rischio relativi all’impiego delle nuove tecnologie informatiche e telematiche nonché le scelte aziendali di outsourcing.The purpose of this paper is to analyse the technological and organizational innovations in the retail banking, with particular reference to the multi-channel banking business model. The key elements of this paper are the distinctive features of the application of the multi-channel model in the market of the retail banking services, the organizational and strategic implications of such innovations in the economics of banks, the main risks related to the information and communication technologies, and a make-or buy decision process for outsourcing in banking. Based on technology-driven innovation, the multi-channel retail banking provides innovative services to customers, as well as it increases operational risk
Credit reporting e intermediazione creditizia: scelte di “make or buy” tra relationship e transaction banking.
No full textThis paper adopts a business management perspective of studies to examine the role of the credit information market in the bank lending industry. This paper analyzes the credit information market as a particular case of vertical disintegration in the bank credit origination value chain. The main aim is to identify the relevant drivers which lead to vertical disintegration of the credit origination value chain in banking.
The structure of this paper is as follows. Section 1 introduces the paper. Section 2 reviews the literature on economics of information in the credit market. Section 3 reviews the literature on the role of the credit information market. Section 4 examines the different types of information providers. Section 5 analyses the different structures of credit reporting. Section 6 analyzes the bank decisions to make or buy credit reporting in the lending activity. Section 7 examines the credit reporting market within a relationship and transaction banking perspective. Section 8 concludes
Modelli innovativi di lending value chain degli intermediari bancari: implicazioni finanziarie ed economico-aziendali.
No full textL’articolo mette al centro dell’analisi la catena del valore del lending business nell’economia degli intermediari bancari, quale momento qualificante e decisivo per lo studio dei processi di de-integrazione
verticale nel settore dell’intermediazione
creditizia. Il modello innovativo di business dell’intermediazione creditizia, denominato originate and distribute, ha contribuito a trasformare quasi
“geneticamente” l’intermediario bancario, con
rilevanti effetti di instabilità sistemica, che hanno interessato la struttura e il funzionamento dei sistemi finanziari
La multicanalità bancaria in Italia tra innovazione finanziaria, tecnologica e organizzativa
No full textBasilea 2 e riforma del diritto societario: scelte strategiche e operative delle imprese siciliane
No full textLa gestione dei crediti deteriorati nell’economia delle aziende di credito: alcune riflessioni.
No full textIl tema dei crediti bancari deteriorati, quale manifestazione del rischio di credito nei bilanci bancari, ha assunto una particolare rilevanza per i molteplici riflessi su economia e gestione delle banche, mercato del credito, imprese, risparmiatori, autorità di regolamentazione e vigilanza nazionali e internazionali. Le banche sono invitate ad operare una rapida ed efficiente gestione dei crediti deteriorati, al fine di garantire la stabilità del sistema bancario e l’erogazione del credito all’economia. Il tema si presta a diverse prospettive di indagine. Con il presente lavoro ci si limiterà a formulare, dopo una breve introduzione, alcune riflessioni con particolare riferimento al contesto italiano.The issue of non-performing loans has increased its strategic importance in the economics of banking, financial industry, firms, households, national and international regulators and supervisors. Banks have received many pressures to better manage the non-performing loans in their balance sheets, in an attempt to preserve the stability of banking system and credit supply to economic activity. The topic can be analyzed by many perspectives. The aim of the present paper is to examine some critical issues of the banks’ NPL management in Italy, with particular reference to some institutional, regulatory and economic aspects, and to pose some research questions
I processi di standardizzazione della funzione creditizia degli intermediari bancari: aspetti istituzionali, organizzativi e finanziari
No full textThis paper aims to point out how standardization and financial innovation are putting under pressure the traditional economics of banking. It is argued that the progressive standardization and information technology innovation, with special reference to internal rating systems, risk management techniques, and regulatory constraints, have been leading bank lending toward new business models. The increasing role of internal ratings, credit scorings, and hard information in the banking intermediation process have enlarged the organizational and strategic differences between transaction-based banking and relationship-based banking. The structure of this paper is as follows. Section 1 outlines the general context of the study. Section 2 considers the standardization process in the credit assessment phase. Section 3 considers the impact of standardization on the organizational structure of banking firms, credit operations of banks, and bank business models. Section 4 concludes
- …
