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Banking - Science topic

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Welcome
I need a proposal about scientific journals in financial and banking sciences that are easy to deal with in terms of speed of response and answer, reliable and not classified within Scopus or Elsevier?
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Find the enclosed
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I'm doing a panel data analysis of 40 countries from 2000 to 2015 (annual data) on banking. Like to know the result before 2010 and after 2010, i.e. how the global financial crisis affects banks. Which test is appropriate.
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I think Dynamic panel model will be easy solution.
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Hi All,
Please share any idea about the possible use case for implementing machine learning in identifying risk identification and fraud detection which may occur at branch level in a bank. Further there is a window dressing concept in banking sector which might be a good kick-off to work on.
If this is the case so please guide me how to create a sample dataset to work on or give me suggestion which ML algorithm is suitable for identifying requirement for Internal Audit.
Many thanks & kind regards,
Dr. Raza.
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For my upcoming paper, I need help from the Chinese Postdoc or researcher or Ph.D. candidate to manually collect the data from 35 Banks' annual reports for 13 years. As the Bank's annual reports are in Chinese, so I need help from my Chinese friends.
The Paper is related to China's Shadow Banking Sector.
Specific details of required data will be shared directly with the researcher.
You can reach me via Researchgate or syed_mehmood1472@hotmail.com
Thank you.
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I am interested
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Hi,
Are there any suggestions on a thesis topic/research question regarding sustainable finance (e.g. in the banking industy) from a law and finance perspective?
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Dear Ana Marianou,
In response to the above query, I give my proposed thesis topics on sustainable finance (e.g. in the banking industry from a legal and financial perspective):
1. Determinants of the development of sustainable banking, including green lending in the financing of pro-environmental business ventures.
2. Normative and systemic determinants of the development of sustainable investment banking.
3. Sustainable finance as an important factor for the smooth implementation of the pro-environmental transformation of the classic growth, brown, linear economy of excess to a sustainable, green, zero-carbon zero-growth and closed loop economy
4 Identification of the determinants of green, sustainable finances implemented by companies and firms taking into account the sectoral analysis of the economy.
5. Comparative analysis of sustainable finance developed within the commercial and public financial system.
6. Green, sustainable finance implemented within the public financial system as an important factor of pro-environmental state interventionism.
7. green, sustainable finance as an important factor in the new green mission of economic actors developing pro-environmental business ventures.
8. Green, sustainable banking as a new trend in the development strategy of modern banking.
9. Systemic and legal determinants of the development of green, sustainable finance and/or banking taking into account business and political lobbying.
10. Changes in the provisions of national legal normative defining the opportunities for the development of green, sustainable finance against the background of international regulations.
Best regards,
Dariusz Prokopowicz
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I need help with my bachelor's research topic.
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Dear Yesui Myalsuren,
I propose the following topics for undergraduate theses in digital banking:
1. The impact of the SARS-CoV-2 (Covid-19) coronavirus pandemic on the development of digital banking (taking into account the growth factor of digitisation and internetisation of economic processes).
2. Analysis of the determinants of the development of cybercrime operating within digital banking.
3. Improving cybercrime risk management in digital banking.
4. Key determinants of the opportunities for the development of lending activities and the offering of bank loans via the Internet under the development of digital banking.
5. The impact of digital banking development on the question of the role and importance of central banking in the context of the state finance system.
6. The development of digital banking as an important factor in the development of payments and settlements made via the Internet.
7. Determinants of the development of online banking and banking products and services offered to customers remotely via smartphone as part of mobile banking.
8. Improving the procedures for the analysis of a potential borrower's creditworthiness and the bank's credit risk applied in commercial banks developing digital banking.
9. Analyse the correlation between the development of ICT, Internet and Industry 4.0 information technologies (Big Data Analytics, Blockchain, cloud computing, machine learning, Internet of things, artificial intelligence, Business Intelligence, smart technologies, digital twins, etc.) and the development of digital banking into which new technologies are implemented.
10. The impact of the development of digital banking on the level of citizenbanking in the country.
11. Opportunities for business development operating in the fintech formula developed in digital banking.
12. The impact of the development of digital banking on the development of foreign exchange markets and on the development of the derivatives market offered to customers remotely via the Internet.
Best wishes,
Dariusz Prokopowicz
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Hello ..
I need some Topic about Agriculture or Banking by using ML and AI or Controlling , for my Master’s Thesis
Thanks .
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The study examines the relationship between corporate reputation and corporate governance mechanisms
The study general model as follows:
CR = B0+B1CRit-1+ B2Git +B3BAit+B4CEOit+ B5AIit+ B6ADit +e
Where: CR, corporate reputation, G gender, BA board activity, CEO duality, AI audit committee independent, AD audit committee diligence
I applied system GMM using the following command
xtabond2 CR l.CR G BA DU AI AD Banking Insurance OFS Y2020 Y2019 Y2018 Y2017 Y2016, gmm (l.CR l.CEO l.AI ) iv(G BA CEO AI AD, equation(level)) twostep robust orthogonal small
The question is: Is it possible to use the lagged variable after gmm command and the same variable in the original version after iv ?
As shown in the command above
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What do you mean by allocate? Any way you have to look to the paper of Christopher Baum about GMM on STATA, it's a really good guide.
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To all authors,
I have a paper in banking and finance and need to publish in a Scopus journal. But not sure which journal is the fastest one and indexed in Scopus please? Could you please write the name of some Scopus journals please??
kind regards,
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Thank you so much dears Sabri Hasan Onipe Adabenege Yahaya for your help..
kind regards,
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Digital Banking
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Dear Nicole Chiuriri from the perspective of companies, the great advantages of electronic banking over traditional banking are:
time gain, i.e. dealing with many matters via a computer without the need to move,
lower costs of banking services, because internet banks are cheaper to operate, a wide range of services and a constantly expanded range of services via the Internet.
Thanks to the electronic signature, it is possible to sign contracts with the bank, very quick and easy-to-use payment options from an online bank account, and finally, the possibility of comparing the banking services of different banks in terms of prices and product scope also via the computer, which allows optimization of the costs of financial services.
Best regards
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Can anyone help me a research topic related to Digital Banking, Digital Finance and Financial Inclusion ....
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Dear Kheira Boukhari,
I propose the following current and developmental research topics in the issues of digital banking, Fintech, etc .: Analysis of determinants of acceleration of digitization and Internetisation of economic processes, development of e-commerce, e-logistics, purchases made on the Internet, online payments and settlements, development of internet and mobile banking during the SARS-CoV-2 (Covid-19) coronavirus pandemic. This topic can take into account the increased competition between internet banks and technological companies operating on the internet, which develop their own internet payment and settlement systems. In addition, this issue can also include the growing importance of information and internet technologies and Industry 4.0 in the context of the ongoing digitization of economic processes, the internetisation of finance and banking, etc.
Kind regards,
Dariusz
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Does anyone know about some good journal that will publish e-banking and cyberthreat related papers?
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Dear Hasibul Islam,
You may want to review the following sources:
Cybersecurity eBook: Attacker Economics in Financial Services
What financial services institutions need to know about cyberattack cost vs. value
_____
Imperva Data Security Fabric
Imperva® Data Security Fabric is the first data-centric solution that enables security and compliance teams to quickly and easily secure sensitive data no matter where it resides with an integrated, proactive approach to visibility and predictive analytics.
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Reimagined Enterprise Data Protection for Insider Risk
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Electronic Banking: Impact, Risk and Security Issues
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I wish to do the PhD in banking and Finance area
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You might be interested in considering whether fintech (on-line only) financial institutions are substitutes for or complements to traditional high street banks.
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At the moment, I have one explanation in mind. If labor productivity is high, firms may focus more on reinvestment prospects instead of repaying loan installments. But I cannot find any prior literature in support of this claim. I would appreciate it if you can provide any other explanations or refer to any relevant literature.
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Dear Atiqur Rahman, I would like to give you an example from my Polish market and my experience as a business analyst. Well, at the turn of the 20th and 21st centuries in my country, you could see a lot of small and medium-sized companies with a very high rate of growth in revenues and market shares. In many cases in small family businesses, as a result of the investment process and implementation of new technologies, work efficiency increased quickly, but what I found many times when analyzing these "star" companies, such rapid successes in terms of the dynamics of revenue growth, market share and EBIT operating profit caused new challenges and the emergence of internal problems in companies as well as reactions / counter-actions of stronger competition on the part of large international corporations. Well, the best employees who contributed to the increase in the labor productivity index and were directly involved in departments using modern technologies, immediately demanded or expected a salary increase or promotion to a higher position or left the competition. On the other hand, the management of such small family businesses, stating that the company is developing very well because its work productivity increases, immediately tried to use these positive signals to win new orders and to workload its experienced and efficient employees to an even greater extent. Therefore, according to the theory of neoclassical microeconomics, small, fast-growing companies in Poland tried to expand the use of the labor factor, the productivity of which was increasing and overburdened employees with work duties (one of the highest rates in the world of the number of hours worked per month and year per employee according to ILO). This means the macroeconomic environment, that is: high unemployment on the market, low level of social benefits, no possibility (before joining the European Union in 2004) to emigrate to another labor market with better social protection and higher salaries per hour. Entrepreneurs who started using strategies to maximize the use of the labor factor accepted too many new orders and borrowed from banks, taking high-interest loans (high loan costs) and were doing worse and worse in rebuilding the company and adapting to the new conditions of a higher level of production. The news about "squeezing" out of employees as much as possible, while the employer did not raise wages and bonuses, meant that employment in such a company was avoided (employment barrier) and such a company began to lose the most ambitious and experienced people and problems with handling large orders, based on deferred payments in time (typical are construction and assembly works, infrastructure projects). Problems with financial solvency also emerged quickly, as the focus on maximizing the use of the labor factor with high indebtedness in terms of investment loans led to problems with paying the loan installments on time.
Best regards DG
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I am currently working on my bachelor’s thesis at the Vienna University of Business and Economics, and I need your help in filling out the following questionnaire regarding digital-only banking. So, if you have five minutes of spare time, I would be very thankful for you participation (you can also participate in a raffle for a 20 euro Amazon voucher). The questionnaire is 100% anonymous, no background knowledge needed (available in English only).
Here is the link to our survey:
Thank you for your help!
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Good luck with your research!
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Hello all,
I am working on a project discussing the impacts of management and shadowing banking engagement in China. However, I am limited by the access to collect data on shadowing banking, such as entrusted loans (non-affiliated and affiliated loans), financial assets purchased under resale agreements, and interbank loans. My hope is to prioritize entrusted loans firsts. I can collect data from Capital IQ database but it provides missing information! I would appreciate any helps from you all, with sharing your data or resources, and cite your work when my project is done!
Thanks so much!
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Hi Minh,
Here is some useful information from the Reserve Bank of Australia about shadow financing in China 2020. Additionally, I have included another helpful and recent link, please take your time to have a look at both of them, hope this helps and all the best with your research work. Cheers
Kind regards,
Sofiane
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Traditional bankings are under the surveillance of regulatory institutions, including Fed/Central banks. However, it "seems" shadow bankings are out of the radar of the regulatory institutions. I somehow understand the concern of these regulatory institutions in the financial markets.
My questions are how the regulatory institutions, particularly monetary policy authorities, alter the shadow banking activities? Are the shadow bankings and traditional bankings complementary or substitutes? I would also love your comment on how these shadow bankings can create uncertainties and/or risk in financial markets.
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Ca Ca
I am google translating your comment here!
Banks are just pawn shops, while financial institutions are credit guarantee applications. However, these are now the product of "Money Appreciation Transactions". When the world trades in currency, a model of value-added transactions has been formed. For the purpose of adding value, there will be many financial products, and various regulations are a way of playing. Currency will be aggregated. Although many financiers, entrepreneurs, and economists will conduct overall management in the process of gathering money, the shortcomings are also very obvious. Benefits are more important than effects. Visionaries are the minority after all. Most go for the value-added part. Self-control has been lost. also fell into it. Under the pyramid model of money, no one is free. All will be affected by currency and become puppets of huge pressure. Therefore, for the sake of oneself and the freedom of everyone, it is necessary to analyze and study the essence of the entire currency system. Find ways to give everyone super freedom. It is not the right to the monetary pipeline that is more fulfilling and status than the kind of material possession we have now.
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I intend to use the QCA (qualitative Comparative Analysis) to compare the impact of banking regulation on Islamic and conventional banks, I would like to have your opinion and is what I can combine it with the DEA and regression
The theories mobilized :
*The theory of capital structure
*The theory of financial intermediation
The methods used:
Z-score for stability
DEA to measure efficiency
l'AQC
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Yes, you can do.
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I intend to use the QCA (qualitative Comparative Analysis) to compare the impact of banking regulation (Basel 2) on Islamic and conventional banks, I would like to have your opinion and is what I can combine it with the DEA and regression
The theories mobilized :
*The theory of capital structure 
*The theory of financial intermediation
The methods used:
Z-score for stability
DEA to measure efficiency
l'AQC
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How to understand these results? The authors describe the +ve coefficient (26.56) as a “decrease.”
(Screenshot is attached)
Reference paper Chen, Kaiji, Jue Ren, and Tao Zha. 2018. "The Nexus of Monetary Policy and Shadow Banking in China." American Economic Review, 108 (12): 3891-3936.
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Dear Syed M Raza Shah positive Coefficient 25.56 also implies the same. A decrease (fall) in the independent variable results in a decrease (fall) in the dependent variable. Still, the coefficient is positive since the relationship is positive. A positive relationship means the direction of the two variables is same.
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Commercial banks are increasingly worried about competition from fintechs, including online technology companies that expand the range of financial and pre-financial services. Commercial banks are more and more actively using IT technologies of online banking, building Business Intelligence data processing platforms, extending Big Data database systems, developing integrated risk management systems and conducting advertising campaigns on social media websites. In view of the above, large commercial banks have the opportunity to conduct a sentiment analysis on data collected in Big Data database systems for the purpose of analyzing the expectations and opinions of Internet users regarding, for example, financial services. Information obtained from the Internet and processed in the aforementioned manner can be used for more precise risk analysis, credit risk management, planning subsequent advertising campaigns, modifying the financial services offer in line with changing expectations of Internet users, searching for clients on social media portals. In this way, interdisciplinary analytical processes are also developed at commercial banks, for which the information from the websites of social media portals is the source of data.
Do commercial banks have a chance to win in this matter in competition with the fintech technology companies operating on the Internet?
Besides, What is the effectiveness of online advertising campaigns run by commercial banks?
Please, answer, comments.
I invite you to the discussion.
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Dear Denis Muchunku, Haseeb Javed,
Yes. Internet advertisements are used more and more often in advertising campaigns also by financial institutions, including commercial banks presenting their offers of banking products and financial services as well as internet mobile banking offer. During the SARS-CoV-2 (Covid-19) coronavirus pandemic, the development of electronic internet banking, including mobile banking, accelerated. Therefore, commercial banks have recently been developing mainly online mobile banking for citizens, individual clients and business entities. Recently, many banks have been conducting advertising campaigns using new online media, including social media portals, to promote their online banking offers, also offered to companies and enterprises. Banks offer the opening of an online banking account primarily for business entities from the SME sector that do not yet have a mobile banking account, do not have their own website, are startups, etc. In promotional online banking offers for companies and enterprises from the SME sector, commercial banks offer additional incentives and incentives. auxiliary services creating a website for the company, creating an online platform for selling products and / or services of the client's enterprise, creating an online store, they also offer tax advisory services, financial advisory services, etc. Banks more and more often offer their financial services through social media portals, because of the research conducted market know that their customers are increasingly actively using these new online media and that these online marketing communication channels can be the most effective.
Thank you very much,
Best regards, Greetings,
Have a nice day,
Be safe and healthy,
Dariusz Prokopowicz
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The COVID-19 crisis which started as a health crisis is now a combination of demand-side and supply-side shocks that risk of becoming a long-standing economic crisis. COVID-19 has generated significant instability and high volatility in global capital markets. Today, the full impact of this virus has not yet been assessed and it is expected that the adverse effects of COVID-19 are likely to continue. What areas of the overall banking and financial secor, including valuation and profitability, are likely to be impacted? All of the following must be reexamined: results from operatons; liquidity; capital resources; possibility of a global recession; workforce shrinking; reduction in productivity; decrease in consumer confidence leading to a reduction in consumption; supply chain disruptions; difficulties with funding; limited information to make good decisions; implications for taxes, trade, and immigration; cybersecurity risks; fraud risks; and privacy risks. Q.E.D.
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Dear Mr. Doffou!
You raised a relevant topic to consider. The answer is case (country) - and context (regional agreements such as the ones in the EU) dependent one:
1) Nigmonov, A., Shams, S. COVID-19 pandemic risk and probability of loan default: evidence from marketplace lending market. Financ Innov 7, 83 (2021). https://doi.org/10.1186/s40854-021-00300-x Open access:
2) Mathieu Simoens, Rudi Vander Vennet 2022. Does diversification protect European banks’ market valuations in a pandemic?, Finance Research Letters, Volume 44, January 2022, Available at: https://www.sciencedirect.com/science/article/abs/pii/S1544612321001744
Yours sincerely, Bulcsu Szekely
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In our study, we analyse some reflections contained in the education thought of John Dewey, Paulo Freire and Peter McLaren. The three thinkers, with mutually different methods, have, in our opinion, as common point the intention to show that no education system is neutral in relation to the way in which societies are organised: all systems of education aim at the constitution of a particular kind of society through the formation of a corresponding mentality in the individuals. The ethical and political foundations of a society are mirrored in the education system: any reform of the society should, therefore, begin with the reform of the education system; furthermore, any reform of the society cannot be effective unless it is founded on the reform of education. As regards Dewey’s observations, we concentrate our attention on his criticism of any education system based on the passivity of pupils and on the massification of students: Dewey steadily pleads for a system of education aiming at the individualisation of pupils. As regards Freire’s meditation, we point out Freire’s uncovering of the oppression exercised against the subaltern classes through the traditional education systems: the constant relegation of pupils of the oppressed classes to a condition of total passivity, which is the aim of the system of education described by Freire as the banking concept of education, destroys any sense and aspiration to autonomy in the pupils themselves. Self-depreciation of pupils is the result of the traditional system of education. McLaren points out that a correct system of education should have as its own aim the self-transformation and the empowerment of the students: educators ought to uncover the relations holding between knowledge, which is always a social construct, and the interests of the dominant class. Keywords Dewey, democracy, Freire, banking concept of education, McLaren, self-transformation.
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Dear Professor Neema Ghenim ,
I thank you very much for your kind appreciation.
Yours sincerely,
Gianluigi Segalerba
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Studies interested in measuring banking reputation?
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بالتأكيد هناك طرق لقياس سمعة المصارف
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Is the independence of the central bank from the government full and real now? What is your opinion about the central bank's independence from the government?
Is it full and real independence? Should there be full independence or only on some issues?
Or maybe the central bank should run a fully coordinated, parallel cooperation with the government regarding the common economic policy?
Should the monetary policy of the central bank be coordinated with the government's budget policy and to what extent? How is it in your country now?
How do you assess the issue of cooperation between the central bank and the government?
Should the central bank be used by the government to conduct a specific interventionist, anti-crisis economic policy?
Please reply
I invite you to the discussion
Thank you very much
Best wishes
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Hereby I would like to propose the following research topic: Information policy of the central bank versus the reputation and credibility of the key financial system security institution. In a situation where the central bank, in its ultra-liberal and mild monetary policy and correlated with the government's economic policy, becomes too deeply involved in political and media issues, it begins to lose its positive image. Currently, in the country in which the president of the central bank operates, i.e. the National Bank of Poland, when seeking re-election, he conducts a kind of "election campaign" in the meanstream, pro-government public media, constantly announcing what patriotic and pro-development activities the central bank plans to implement in the coming years. These promises were already promised, such as direct financing of the armed forces, financing the construction of the first nuclear power plant. In addition, such statements of the NBP president at press conferences that the employees of the central bank defend the economy most patriotically, that the central bank is independent of the government, that NBP analysts may also be wrong, that issues regarding the economy and inflation are extremely complex, etc. NBP from the point of view of international financial institutions. To this should be added a policy of not increasing the financial system's safety reserves, consisting in the fact that every year, almost the entire profit of the central bank is transferred to the state budget burdened with high public debt, instead of supplying the reserves of this bank. In the event of a global economic or financial crisis, the exchange rate of the national currency was declining, and after the economy exited the recession, it did not rise adequately, it did not return to the levels from before the crises. By carrying out non-transparent public transactions on international financial markets, the central bank additionally lowered the value of the domestic currency, and the NBP governor explained at press conferences that it was done on purpose to improve the profitability of exports, not to mention, however, that in this way the central bank generated above-average profits at the end of the year. which was then transferred to the state budget. At the end of 2020, NBP was deliberately weakening the domestic currency in order to generate a greater profit for NBP at the end of the year and for the entire fiscal year 2020. NBP admitted it on Twitter and this post quickly disappeared from Tweeter. The idea was for the greater profit from the NBP to go to the state budget burdened with the budget deficit increased by the Anti-Crisis Shields used. In addition, at the expense of citizens, at the expense of foreign currency borrowers, the central bank in Poland transfers its extraordinary profits generated on speculative transactions on international financial markets to the state budget instead of supplying the central bank's reserves and building a more secure domestic financial system. Are there other examples of this kind of parody in the context of a central bank's monetary policy?
Best regards,
Dariusz Prokopowicz
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Hi everybody
I'm MSc finance and banking students, looking for a thesis subject about using Blockchain technique with my speciality, Could you help me and give suggestions
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~ The impact of the blockchain technology on the disclosure and transparency of financial data in commercial banks
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If we look at Altman Z-score, we will find that using this equation has a different ranges and each range indicates to a particular status of the company's financial future. For example: The company is predicted to go bankrupt if the score is below 1.81. A score between 1.81 and 2.99 belongs to a grey area. If the score below 2.675, there are 95% chances that the company will go bankrupt. A score of 3.0 or more indicates a low risk of bankruptcy.
On the other hand, when applying z-score (The z-score is defined as z ≡ (k+µ)/σ, where k is equity capital as percent of assets, µ is return as percent of assets, and σ is standard deviation of return on assets as a proxy for return volatility) to measure banking stability, we can not find any range of the results come out from this formula by almost all the studies (for example 1= is instable, 3= is stable). I went through many researches and studies but I have not found any clear explanation of the z-score's range. That is why I am asking this question, hopefully I will get an answer from you.
Thanks for your reading to my question
Regards
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The problem you have is the one of model calibration. The Altman Z-score model, as it is right now, is outdated because its parameters are no longer relevant to the realities of today's banks or financial institutions. To be able to effectively use the model today, you must first recalibrate it, that is re-estimate all the parameters of the model with today's real data. To have stable parameter estimates, you should use out of sample data in your estimation. Once the Altman Z-score model is properly calibrated, it can be used to measure the stability of a large sample of banks and come out with a new stability metric or rule for banks.
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Hi Everyone,
In my master thesis, I tried to evaluate the impact of FED’s monetary policies by calculating the sub-category stock index’s price of S&P500 - 400 - 600 (different market cap) related to Banks and Insurance. For instance, S&P 500 Investment Banking & Brokerage, S&P 500 Asset Management and then S&P 500 Life-Insurance, S&P 500 Insurance Brokers and so on.
My expected price has been done through an ARIMA model in R, by forecasting these stock index with an event window of 2 days following monetary policy announcements from the Federal Reserve.
However, now I can see that there is no logical results between the size of the market capitalisation. I mean that we don’t find every time :
Impact S&P 500 > Impact S&P 400 > Impact S&P 600
Impact S&P 500 < Impact S&P 400 < Impact S&P 600
There is not tendency after some monetary policy announcements.
Does someone has an explanation or useful literature ? Is it because abnormal returns and event study is mainly done on stock price, directly, and not on stock index ?
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Event study
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What kind of scientific research dominate in the field of Improving credit risk management?
Please, provide your suggestions for a question, problem or research thesis in the issues: Improving credit risk management.
Please reply.
I invite you to the discussion
Thank you very much
Best wishes
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Dear Hazim Al Dilaimy,
Thanks and invite you to the discussion. I propose the following research topic in the field of improving credit risk management: Improving the credit risk management process in the context of the decline in lending and the decline in economic activity of enterprises caused by the economic crisis of 2020 caused by the SARS-CoV-2 (Covid-19) coronavirus pandemic.
Thank you very much,
Best regards,
Dariusz
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What kind of scientific research dominate in the field of Credit policy of commercial banks?
Please, provide your suggestions for a question, problem or research thesis in the issues: Credit policy of commercial banks.
Please reply.
I invite you to the discussion
Thank you very much
Best wishes
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Dear Nelaturi V Raghavaiah,
Yes, that's right. The lending policy of commercial banks is cyclically modified, inter alia, in correlation with cyclical, long-term trends of changes in the economic situation in specific industries and sectors of the economy and in the context of the entire economy.
Thank you,
Regards,
Dariusz
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Will the social and psychological aspects of interpersonal contacts and customer needs in this matter be a barrier to the creation of fully automated electronic banks without staff?
Will one of the products of Industry 4.0 be the creation of fully automated electronic banks without staff?
Theoretically, it may be possible, however, do banks' clients expect it?
At the end of the twentieth century, publications appeared that confirmed this type of thesis and suggested that the development of banking is heading in this direction, ie towards full automation and electronization, remote service through the Internet of clients of financial institutions. However, at the beginning of the 21st century, the situation is changing.
Despite the development of artificial intelligence, intenet of things etc. and the use of new information technologies, eg for the creation of automated electronic advisers, electronic avatars simulating a bank employee or other financial institution providing advice to a client served via a website, some of the bank clients do not want to part with a counselor in the person of a man, not a machine.
In connection with the above, will the social and psychological aspects of interpersonal contacts and customer needs in this matter be a barrier to the creation of fully automated electronic banks without staff?
Do you agree with me on the above matter?
In the context of the above issues, I am asking you the following question:
Will the social and psychological aspects of interpersonal contacts and customer needs in this matter be a barrier to the creation of fully automated electronic banks without staff?
Please reply
I invite you to the discussion
Thank you very much
Best wishes
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Respected Doctor
We researchers should offer our thanks to you, and to every researcher who presents us with an accurate scientific question.
greetings
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Nuha hamid taher
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Does the globalization of financial markets increase the scope of potential systemic credit risk in the sphere of financial systems, including banking systems with particular focus on investment banking?
In the context of the development of international capital markets, the development of stock exchanges, increasingly globalized and related, the importance of globalization of financial markets, including capital markets and stock exchanges, is increasing.
On these capital markets, there are also increasingly large, internationally operating investment banks and investment funds, whose profits generate increasingly from speculative transactions of securities issued by companies and the public sector, including also Treasury bonds of other countries.
In addition, currency markets are growing, on which speculatively operating internecional banks and hedge investment and investment funds also speculatively. Before the emergence of the global financial crisis in 2008, it was mainly investment banking that approved the excessive levels of credit risk and speculative, too high, overvalued valuations of securities on stock exchanges.
The recent global financial crisis that appeared in autumn 2008 was an example of the increase in potential systemic credit risk in many countries in which the governments of these countries through the issue of government bonds and their sale to foreign investors led to a significant increase in the risk of a liquidity crisis in the state finances and in many smaller economies, they generated major crises in the debt of state finances.
Do you agree with my opinion?
Therefore, I am asking you the following questions:
- What impact does economic globalization have on the potential increase in systemic credit risk on a supranational scale?
- Does the globalization of financial markets and the development of growing global banks and investment funds increase the level of potential systemic credit risk, increase the risk of destablization on many capital markets and thus increases the likelihood of generating another global financial crisis?
- Does the globalization of financial markets increase the scope of potential systemic credit risk in the sphere of financial systems, including banking systems with particular focus on investment banking?
Please reply
I have described these issues in recently published publications:
I invite you to discussion and scientific cooperation
Best wishes
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Sure economic globalization raflect on financial system by exchange of experts,workers,agriculture,industry ,.......all aspects of production and energy beside means of transport all these constitue a huge progress on production and consumption .All these different aspects complementry to each other which reflects positively on the financial system
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I'm Finance and Banking student, have research about predicting the stock price using neural networks, tried to learn Matlab software, but had difficulty with the use it because it contains many features like NAR, NARX, which I didn't understand, So I want to guide me to the best software among these above, and what the differences between them
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The SPSS and R are both better for statistical data analysis, whilst MATLAB do almost every thing. Once you get good base/concept of MATLAB, you may be able to write your codes for almost every thing. MATLAB is most scientific, much better for Mathematics, Statistics, all research/application areas of Artificial Intelligence Engineering and medical. In one sentence::: MATLAB is ALL in ALL, very simple and easy to understand, however., it may need good base of basic intermediate Mathematics. I strongly recommend MATLAB. You can do very good object oriented programming or codes related to finance or other social sciences as well.
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In many countries, a strong correlation was found between the change in the economic and financial situation of enterprises and the credit policy of banks.
The research shows that there is a dependency, correlation between the change in the rate of economic growth of the country, economic and financial situation of economic entities, citizens 'incomes, enterprises' investment, investment risk, liquidity risk, debt, creditworthiness, creditworthiness of enterprises, etc. and the changing the credit policy of commercial banks that provide corporate loans and consumer loans to citizens.
However, in recent years, especially before the emergence of the global financial crisis in 2008, it was possible to diagnose a reverse correlation, i.e. that banks, mainly investment banks in low interest rates activated the entire banking sector, including primarily retail commercial banking to provide subsequent mortgage loans even for borrowers no longer possessing creditworthiness. Credit rating agencies issued the highest AAA recommendations for the loan packages sold, most of which were of low quality and low creditworthiness. Insurance companies insured transactions of very high credit risk. Acting on behalf of banks, the media published articles suggesting a good prospect of economic development, a continuation of good economic conditions, including the real estate market, a further rise in property prices. Many financial institutions, media institutions and investment firms participating in this procedure commonly used unethical business practices.
In the light of the above, the following questions arise:
How should banking procedures be improved to prevent future use of such type of unethical business practices?
How should the processes of improving bank credit risk management be carried out in commercial banks, so that more such situations will not happen again, in order to avoid this type of another global financial crisis?
How strong can be the impact of the banks' lending policy on the situation in the construction sector?
In view of the above, is this impact not too strong in periods of high economic growth, ..., in periods of too high economic growth, overinvested investment projects financed mainly by loans and overvalued securities on stock exchanges?
Please reply
Best wishes
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DISCUSSION_D.Prokopowicz_....The significance of banks' lending policy....economic situation...national economy and credit risk lev
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Does the development and implementation of new information technologies for banking affect the processes of improving the security of online banking systems?
Improvement of online banking security systems can currently be significantly determined, among others, by the implementation of new information technologies for banking.
Are the processes of improving internet banking security systems currently determined by the implementation of new information technologies, i.e. by implementing banking data processing technologies in Big Data database systems, Business Intelligence based analytics, implementation of Blockchain technology and artificial intelligence.
Do you think that the processes of improving internet banking security systems are currently determined by the implementation of new information technologies for banking?
Please reply
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Zhu, R. (2015). An Initial Study of Customer Internet Banking Security Awareness and Behaviour in China. In PACIS (p. 87).
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How would you rate the activation of commercial banking loans, i.e. an attempt to stimulate economic activity and economic growth of the country through the policy of low central bank interest rates?
Under what economic conditions such a monetary policy may be conducted so as not to over-invest economic processes, i.e. not to overly high the level of investment processes and acceptance, most business entities have too high levels of investment risk and too high levels of credit risk by banks commercial?
How should the process of managing systemic risk in the central bank be improved and how should the process of credit risk management be improved in commercial banks so that no further financial crisis is generated?
I have answered these questions in my scientific publications whose links I have posted below.
In view of the above, inviting you to discuss the above issues, I am asking you the following question:
How would you rate the activation of commercial banking loans through low central bank interest rates?
Please reply
I invite you to discussion and scientific cooperation
Dear Friends and Colleagues of RG
The issues of risk management in the context of determinants of the global financial crisis, globalization processes, technological progress and other factors I described in the publications:
I invite you to discussion and cooperation.
Best wishes
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During the SARS-CoV-2 (Covid-19) coronavirus pandemic, interest rates were significantly lowered in 2020 as an instrument of interventionist, mild, anti-crisis monetary policy. However, now (October 2021) economic growth is so high and inflation is also increasing additionally that central banks have started to raise interest rates again.
What do you think about it?
Thank you very much,
Best regards,
Dariusz Prokopowicz
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Already at least several commercial banks have created their own cryptocurrencies. Some investment funds invest part of their assets in selected cryptocurrencies. Recently, the investment bank JP Morgan has created its own cryptocurrency JPM Coin. Cryptocurrency JPM Coin will be used to settle initially a small part of the transaction, which JP Morgan performs on a daily basis for a total of about USD 6 billion.
Thanks to JPM Coin, settlements between business partners should take place immediately, ie much faster than the current standards of transfers. However, apart from accelerating the time of the transaction, what are the other goals for banks to introduce their own cryptocurrencies?
Could investment banks create a new type of collateral for transactions in the event of a possible strong loss of the USD dollar in the event of another global financial crisis connected with the currency crisis? Such a risk exists if the problem of growing public debt in the US is not resolved and banks in China cease to buy US Treasury bonds.
Do you agree with my opinion on this matter?
In view of the above, I am asking you the following question:
For what purpose do banks create their own cryptocurrencies?
Please reply
I invite you to the discussion
Thank you very much
Best wishes
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Recently, there is a tendency to affirm that bitcoin will not be admitted as a payment currency for an “ecological” reason, that is, due to the high energy consumption that mining the cryptocurrency carries. At the same time, it seems that clients of investment banks no longer have the same interest in cryptocurrencies.
See the following link:
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The passive role of Banks in handling the banking Frauds and lack of penal mechanism against merchants, who accept and encourage such fraudalent transactions, is a serious fetter for safe payment ecosystem. What is the solution?
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Good point. Customers also need to act with due caution.
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  1. I have a different research-related question
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To resolve disputes between parties in an alternative way, a way which is far more economical and also it saves time, so the parties involved can reach an agreement which is convenient to both sides. The advantage in this case, is that the judicial system it is already overwhelmed with all legal cases, so one less case here, one less case there, proves to create concrete results for a short time for the parties which reach a final agreement. And it is legal also, so, it is a win-win situation.
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In my opinion, the monetary policy coordinated by central banks can not be objectively assessed without taking into account many specific, current determinations describing the condition of financial markets, the issues of financial risk management instruments applied, the condition of the economy and many other macroeconomic factors. The analysis of a particular monetary policy should take into account the dynamic approach of many variables, including cyclical fluctuation reflected in the changes of many economic categories on the financial markets and in the entire economy. A specific monetary policy may be interpreted and evaluated differently depending on many factors surrounding the condition, financial markets and the economy. In support of this thesis, I cite the following various situations surrounding the banking system and the condition of financial markets and the macroeconomic situation in the context of the cyclical nature of the economy:
1. The process of cyclical development of the national and global economy in a multi-annual perspective, which does not develop fully objectively and independently, is only coordinated by actively pursued economic policies in individual countries, primarily through fiscal and financial policy. To this should be added the issue of the growing importance of central banking in banking systems since the 1970s and the processes of globalization, deregulation, liberalization of transactions and the operation of financial markets, applied security instruments and credit risk management, including capital markets.
2. The impact of monetary policy on central banking on economic processes, when this policy is used, for example, to stimulate economic growth in the deep recession of the economic cycle of the entire national economy, in other words, as has been used many times in many countries since the 1970s. also after the appearance of the global financial crisis in September 2008. Initially, the Federal Reserve Bank in the USA applied such an interventionist anti-crisis solution, and then the European Central Bank in the European Union applied analogous interventionist anti-crisis programs. thanks to this, restoring the balance in the economies and restoring economic growth has worked more effectively and faster than if these interventionist anti-crisis programs were not applied.
3. Long-term, the same, analogical, similar to the same formula, the same goals and directions of action, such as monetary policy co-ordinated by a large central bank, which is also of international importance due to the importance of the US economy, ie monetary policy shaped by the Bank Federal Reserve in the USA. This has been the case since the 1990s until the global financial crisis in 2008. Consequently, this particular policy of the Federal Reserve bank before 2008 was considered by many economists to be incorrect, too low interest rates were maintained for a long time, which enabled commercial banks to broaden the liberalization of lending policy, which resulted in granting these loans to persons without creditworthiness when there were no reliable borrowers and the home sales market was growing, prices of real estate and securities on stock exchanges continued to grow speculatively, despite the fact that they were highly overvalued.
In connection with the above, in the current economic reality it is not practically justified to assess the dominant models of applied monetary policies in universal, timeless terms, detached from the specific economic conditions of a given country, from a specific moment in the business cycle, from specific standards of the institution's supervision of the financial system, on the specific quality of the effects achieved in the area of ??the security of the financial system being a derivative of the application of specific solutions and system prudential instruments in the credit risk management process, etc.
On the other hand, it is justified to make objective, scientifically verified assessments of the dominant models of applied monetary policies, but for a specific economic situation, for a given country, for a specific examined and posted financial system functioning in a specific economy, at a specific moment, phase of the economic cycle of the national economy, global situation, specific situation on the capital markets, the level of valuation of securities on stock exchanges, applicable standards and instruments for the security of the financial system, including the effectiveness of supervision institutions over the financial system, including banking, situtions on credit markets, specific scientifically tested and defined standards for the use of bank loans, i.e. level of credit risk for the majority of credit transactions, etc.
Do you agree with me on the above matter?
In the context of the above issues, I am asking you the following question:
How do you rate the monetary policy of the central banks?
Please reply
I invite you to the discussion
Thank you very much
Best wishes
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The term "fintech" refers to new technology that aims to improve and automate the delivery and usage of financial services. Fintech, at its most basic level, is used to help organizations, company owners, and individuals better manage their financial operations, procedures, and lives through the use of specialized software and algorithms that run on computers and, increasingly, smartphones. The term "fintech" is a mix of "financial technology" and "financial innovation."
Fintech was coined in the twenty-first century to describe the technology used in the back-end systems of established financial organizations. However, since then, there has been a shift toward more consumer-focused services and, as a result, a more consumer-focused definition. Fintech today spans a variety of sectors and industries, including education, retail banking, nonprofit fundraising, and investment management, to mention a few.
Do you agree on this as marketing perspective when comes to the digitalization whole world.
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Dear Dinesh Suranga Pathirana,
In the end of the day, digitalization improves communication between financial consumers and service providers. Both models you mentioned are eventually benefiting from digitalization. It's not to say it doesn't bring problems. However the positive outcomes are prevailing so far.
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Should the Federal Reserve Bank in the US be the main institution shaping and leading pro-growth active state interventionism?
In principle, YES, but it should be specified precisely the framework for a possible anti-crisis launch and implementation of the policy of active state intervention. The Federal Reserve Bank should continue to fulfill its current functions. In this respect, it is the most important institution in the US in terms of maintaining financial stability in the banking system and indirectly in the entire financial system. In addition, indirectly supports inter-branch, transactional, market, business and cross-border trade and capital flows. As the Federal Reserve advises on the issue of maintaining financial stability, it also translates into the entire US economy and also to a large extent on the entire global economy while the economy The US is recognized as a key global player. On the other hand, the Federal Reserve Bank, using its monetary policy instruments and the possibility of buying back lost commercial loans and junk securities, should focus on stabilizing the situation on the financial markets rather than on actively stimulating demand for securities, which may generate another global one in the long run. financial crisis. I examined this problem and described it in my scientific publications.
In view of the above, the current question is: Should the Federal Reserve Bank in the US be the main institution shaping and leading pro-growth active state interventionism?
Please, answer, comments.
I invite you to the discussion.
Dear Friends and Colleagues of RG,
The issue of the impact of monetary policy on the stability of financial systems in the context of the global financial crisis is described in the publication:
I invite you to discussion and cooperation.
Best wishes
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Recent financial and economic crises have shown that the interventionist, anti-crisis, lenient monetary policy consisting in lowering interest rates and the intervention purchase of lost assets from commercial banks from commercial banks (lost and worthless loans, junk securities) with the highest level of credit risk turned out to be effective as an instrument of anti-crisis policy, the aim of which is to limit the scale of unemployment growth, decrease in liquidity in the financial system, limit the scale of economic recession, etc. I described these issues in my publications on my Research Gate profile.
What do you think about this topic?
I invite you to the discussion,
Thank you very much,
Greetings,
Dariusz Prokopowicz
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When the global financial crisis began in the autumn of 2008, the central banks of some countries, primarily the Federal Reserve Bank in the USA and the European Central Bank in the European Union, undertook specific anti-crisis measures to reduce the negative effects of the financial crisis at the time.
In view of the above, how do you assess the role of central banking in the area of anti-crisis measures in the event of financial and currency crises?
Please reply
Best wishes
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Dear Emmanuel V Murra,
Thanks for the kind words and positive recommendations of this discussion, in which the debaters formulate their answers to the question: How do you assess the role of central banking in the field of anti-crisis measures in the event of financial and currency crises?
Greetings,
Dariusz Prokopowicz
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If I say "Russian banking" - what would be your impression from the outside of the country? How advanced it is technologically? How well structured it is organizationally? Is it competitive or not? Is it customer-friendly and inclusive?
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you can search in head banks know
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Assalam alaykum wb,! I have a few questions for you. I would be very grateful if you find an opportunity to answer them. I am interested in the following:
Stages of transition of the banking system from the traditional to the dualistic model of Islamic banking. Can you give specific examples from the CIS (Asia) and / or the world? What are the pros and cons of this transition? Which country's experience can be used to make this transition? What should you pay attention to, what should you consider when moving from one banking system to another? Is it possible to satisfy the needs of the population with services based on Islamic principles, with a 1-3% share of the banking market as a whole?
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In the area of electronic banking, including mobile banking, commercial banks improve technological solutions for the use of smartphones for the purpose of conducting financial transactions by clients.
Commercial banks spend the most resources on developing security systems, reducing gaps in online banking systems used by cybercriminals and improving IT systems risk management procedures.
The changes taking place in online banking, including mobile banking, are currently determined primarily by the technological progress related to telecommunications and IT devices.
In view of the above, the current question is: Determinants of the development of mobile banking?
Please, answer, comments.
I invite you to the discussion.
Dear Friends and Colleagues of RG
I described the problem of cybercrime in publications:
I invite you to discussion and cooperation.
Thank you very much
Best wishes
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Technology by E and I transaction
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I am working on the banking sector in the Asian countries and know only about the Bankscope as a data source. I dont have personal access to the database. How can i collect my data? Any suggestion ......
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Like your country also have head bank from their you can collect it
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Some banks conducting an analysis of the creditworthiness of an enterprise applying for a long-term investment or mortgage loan take into account the issues of climate change, if these changes may affect the business profitability of a specific lending business venture. For example, in the case of a hotel application for a long-term investment loan operating on the sea, the level of which can rise and flood the hotel area.
Another example is a hotel located in the mountains, where winter sports tourists come. Climate change predictions may indicate that 10 years of snow will no longer be the place where this hotel in the mountains provides its services. Therefore, the bank may not grant credit due to the forecasted secondary effects of progressive climate changes and, above all, the rising average temperature.
On the other hand, companies are developing which produce components for new power plants producing electricity as part of renewable energy sources, produce electric car equipment components, e.g. electric motors, batteries, etc. More and more innovative startups are being produced as part of cooperation with large enterprises and renewable energy plants Wind turbine type subassemblies, charging devices for electric cars, etc. Other companies manufacture packaging from recycled materials, recycled or from biodegradable materials.
Other companies are developing innovative solutions for automatic sorting of rubbish. If eco-friendly products become popular and the state creates good institutional, legal and financial conditions for the development of such projects, then the process of implementing sustainable green economy based on the green economy concept will be implemented more quickly and business probes will become more and more profitable. Financial institutions, including banks, will gradually take into consideration eco-friendly processes and business activities of clients in concluded financial transactions.
Do you agree with me on the above matter?
In the context of the above issues, I am asking you the following question:
Are there banks and / or companies that take into account forecasted climate changes in their business decisions?
Please reply
I invite you to the discussion
Thank you very much
Best wishes
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yes i agree
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What are the industries that embraced blockchain technology?
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Perhaps in the future the development of electronic, online banks and technology companies developing financial services as fintechs will be implemented in parallel and will lead in many respects to a synthetic model of combining different business concepts of banks and fintechs. In such a situation, it will not be possible to clearly determine who has taken over and dominated the first, or electronic banks or fintechs.
Do you agree with me on the above matter?
In the context of the above issues, I am asking you the following question:
Is there more competition or synergy between the development of online banks and fintechs?
Please reply
I invite you to the discussion
Thank you very much
Best wishes
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Business, banking, and financial organizations in the USA and Europe are very closely related to Fintech. This is no longer just a connection, but a symbiosis of technology, finance, and commerce. According to the research by IndustryARC’s market analyst, the Fintech market volume exceeded $150 billion last year and continues to grow.
That is, in today’s article we’ve made the research on such related questions:
  • What are the main directions for the development of financial technologies in 2021?
  • Fintech integration: why do the bank and business need it?
  • What do the digital ecosystems mean for the bank, Fintech, and the customer?
  • How to understand in which direction to develop your digital ecosystem and how to position it?
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Commercial banking has several hundred years of development history. Fintechs have been developing only since the end of the 20th century, but the development of some fintechs is many times faster than most banks currently operating. This is the main reason why banks are interested in the development of fintechs. In most countries, fintechs are not yet a significant direct competition for commercial banks, but taking into account their dynamic development in the field of new technologies, online settlements and payments, combining information services with financial or other services and e-commerce, with e-commerce , e-business, however, this may change in the future and this competition may increase significantly in the future.
Banks that are not afraid of competition from fintechs usually do not cooperate only by observing new technologies introduced to the online market of financial transactions by fintechs. However, commercial banks that are afraid of competition from fintechs are either interested in this type of cooperation in the field of technology development or take over these entities in capital transactions, including selected fintechs to capital groups managed by a given bank. There have been transactions of this type in which a commercial bank took control of a fintech, which was a dynamically developing startup or a thriving technology company operating in the new online media sector and new techniques for settlements and payments made electronically. Some banks, fearing competition from fintechs, observe their functioning and try to introduce into their business model solutions similar to those that develop fintechs with positive effects.
In view of the above, I am asking you the following question: Do banks cooperate with fintechs?
Please reply. I invite you to the discussion
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Yes, banks need fintechs to advance technology in banking and finance. Bank staff will not have the capacity to introduce the latest financial technology, except in partnership with these fintech companies at principal level relationship either as a partner or shareholder.
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Based on your experience, would you mind to advising me to choose between the learning R or Matlab as required software to analyze the datasets of my studies in Banking and finance.
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My opinion:
1) Matlab is an academic tool. It requires a license, and is not widely used by in quant research outside of academia. That being said, a large fraction of academic research papers in finance use Matlab (including many of my own), but this number is shrinking.
2) While R is great for the statistics community, it is quickly waning in popularity in Finance, and is being actively phased out by many financial/ML research groups, including mine (the code is hard to maintain and debug, and encourages many bad coding practices that make life miserable later on). It has some great functionality, e.g. its data frame functionality/intuitive interface destroys pandas in python, and is typically faster, plotting is easier, etc.
3) Stata is used almost exclusively by econometricians and statisticians (it is the first "language" I learned, and the first one I ditched, for "R"). Its use beyond standard statistical analysis is rare, and its usefulness for finance in general is very limited.
4) Python is the horse I bet on for RnD in Finance. Its functionality out of the box is hard to match. It's paradigm is OOP (yet supports scripting, if you must), it is expressive and understandable, reasonably maintainable for a dynamically typed language, and has a massive community at its back. It's plotting functionality is tolerable, as is it's performance (for RnD). It is rapidly becoming the standard for Machine Learning research, mostly due to sklearn/pytorch/keras/tensorflow and its ability to support data-driven application development (ie 99% of Machine Learning). It is weaker than R in statistics, but unless you are on the bleeding edge of stats research, it's unlikely you will need much more than it already offers. Python has its flaws, but is a pretty good choice overall. Not to mention PyCharm is one of the best IDEs ever created (and it's free).
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I am undertaking a DEA analysis of banking in India but I am a bit confused about how to normalize data since some of my data is in Rupees some inputs are in number? Can anyone tell me that do I need to use GDP deflator for my analysis since I am comparing efficiency 2 year pre and post an event ?
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If artificial intelligence is implemented for the online mobile banking, can this banking segment be deprived of employing human capital altogether?
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Dariusz Prokopowicz In my experience, bank employees are needed less and less banking applications, mobility, online services and even financial and credit analyzes are performed using artificial intelligence.
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What kind of scientific research dominate in the field of Cybercrime and the security of online banking?
Please, provide your suggestions for a question, problem or research thesis in the issues: Cybercrime and the security of online banking.
Please reply.
I invite you to the discussion
Best wishes
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In the area of ​​cybersecurity of online banking, I propose the following research topic: Analysis of the use of Industry 4.0 technology in the field of improving cybersecurity of online banking, including mobile banking. This topic may also take into account the scale of application of cybersecurity rules and recommendations by bank customers and the level of cybersecurity of operating systems used by bank customers, web browsers and other Internet applications installed on laptops and smartphones, through which bank customers use online banking.
Best regards,
Dariusz Prokopowicz
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The use of means of communication in the performance of banking services may works to achieve many advantages, the most important of which is the speed of performance and the second is a reduction in the costs of the services provided
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A good example is when regulatory changes that affect customers need to be communicated accurately and quickly to frontline staff and to customers.....of course, the people involved have to be comfortable with technology and not rely on obsolete oral communcation preferences
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Hello everyone. I am a Research Scholar in Behavioural Finance/Quantitative Finance/General Finance/Banking areas. I want to publish my paper in Scopus indexed journals. But they have requirement of submitting four international experts in the subject of the paper who are not from my institution and are not members of the editorial board for publishing my paper. Kindly suggest me how can I find international experts? Any experts interested?
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Vous trouvez les evaluateur parmi les references de votre travail soumi
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What kind of scientific research dominate in the field of The development of online banking?
Please, provide your suggestions for a question, problem or research thesis in the issues: The development of online banking.
Please reply.
I invite you to the discussion
Best wishes
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The SARS-CoV-2 (Covid-19) coronavirus pandemic increased the scale of using the Internet in business activities, increased the scale of the development of e-commerce, online shopping, online settlements and payments. Therefore, I propose the following research topic: The impact of the SARS-CoV-2 (Covid-19) coronavirus pandemic on the development of online and mobile banking.
Best wishes,
Dariusz Prokopowicz
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Many business companies in internet marketing collect and analyze comments, posts, entries, etc. from social media portals.
It is also done by some financial institutions, banks acquiring additional information about potential borrowers and insurance companies against possible conclusion of insurance contract. Commercially operating companies and financial institutions operate in this area on the border of the law on the protection of personal data.
Until this type of acquisition of information about potential customers is legally regulated, then commercially operating companies and financial institutions will conduct such activity. In addition, the issue of the security of this type of data about users of social media portals is of particular importance, as there have been effective cybercriminal attacks that resulted in the theft of personal data of users of social media portals.
I invite you to the discussion
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It happens that commercial banks, when verifying the creditworthiness of a potential borrower, view customer profiles on social networks, treating the information on these profiles as an additional source of customer data. Are such banking practices ethical in terms of business?
Thank you, Regards,
Dariusz Prokopowicz
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Will the development of data processing technology accumulated in the Big Data banking database systems improve the credit risk management process or will it contribute to the development of Shadow Banking and the use of unethical practices for the surveillance of potential borrowers?
Large commercial banks generate high financial surpluses allowing for the implementation of modern integrated teleinformatic internet banking systems, Business Intelligence data analysis systems, data processing platforms in Big Data database systems, etc.
There were already situations of unethical use of modern ICT solutions, analysis of comments on social media portals, during which the bank verified the customer's data entered into the loan application by also scanning information that the potential borrower types in social media portals.
This informal verification took place without the knowledge of a potential borrower and could then be the basis for suing the bank.
However, the bank's client is not always aware of the fact that it can be invigilated in such a way by the public trust institutions that the bank should be.
Of course, these types of cases, which we know from the media is supposedly a margin of entire banking, which can be one of the categories of a new type of unethical practices typical of the so-called Shadow Banking.
However, only part of this type of information gets to the media.
Maybe this is just so-called "the tip of the iceberg" of this problem.
The situation is similar in the situation of cybercriminals' attack on bank IT systems or electronic banking platforms.
If it is possible to keep this type of events secret, then customers do not find out about it.
This is because media only receive information about some of these types of events.
Does any of you conduct research in this area?
If so, I invite you to cooperation.
I am asking for comments
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Big Data Analytics database and analytical technology can be helpful in the process of collecting and processing large sets of information and data on potential bank customers, including borrowers, enterprises being bank customers, data describing the economic and financial situation of enterprises and factors in their market, industry and competitive environment. etc. In this way, Big Data Analytics technology can be helpful in the context of improving the processes of analyzing the creditworthiness of potential borrowers and in terms of improving the credit risk management process.
Best regards,
Dariusz Prokopowicz
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Taking into account the situation on financial markets, including capital markets, i.e. high valuations of securities quoted on these markets and factors of production, globally occurring economic processes and the development of mobile electronic banking, the conditions of functioning of commercial banks, including banks operating in the classic model, change deposit and credit banking as well as investment banking.
In recent years, these banking and ICT developments have been dynamically developing and influencing the development of modern commercial banking. Key risk factors and their relative potential impact on the functioning of banks change as well. The role of, for example, the risk of information systems used by banks to conduct electronic online banking, including mobile banking, is growing. In risk management processes, the importance of the portfolio approach and integrated risk management is increasing.
The significance of individual risks, including, for example, credit and operational risk, financial liquidity, debt, interest rates, currency and system risks, new categories of data transfer risks over the Internet and risks related to the activities of investment banks on capital markets may change relative. These changes are important in terms of improving the management processes of individual risk categories and allocating specific resources to improving the instruments of analysis, identification, quantification, control and development of security tools, preparation of a certain amount of provisions to secure the potential materialization of specific risk categories.
Do you agree with my opinion?
In the light of the above, I am addressing you with the following op:
In what direction is the process of improving risk management at commercial banks heading?
Which risk categories are currently considered the most important and the management processes defined as key risk categories in commercial banks are improved?
Has the improvement of the market and operational risk management process, the risk of IT systems and data transfer on the Internet been recognized in recent years as more important than the management of classic banking risk categories, eg credit risk and liquidity risk?
Did the sources of banking risk growth or risk factors, which materialized mainly in investment banking operating on capital markets and led to the global financial crisis of 2008, confirm the change in approach to analysis and management of individual risk categories?
Please reply
This issue is described in the following publication:
I invite you to discussion and cooperation.
Best wishes
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In the context of this discussion, the key research issue is the analysis of the correlations between the development of online and / or mobile electronic banking and the growing importance of improving the cybercrime risk management process. Therefore, another question arises: Due to the dynamic development of online and / or mobile electronic banking, is the importance of managing the risk of cybercriminal attacks on electronic banking systems and bank information systems also increasing? Therefore, do banks already spend more on the above-mentioned improvement of the cybercrime risk management process compared to other, more classic risk categories in banking?
Thank you, Greetings,
Dariusz Prokopowicz
  • asked a question related to Banking
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Hello,
I'm searching for dataset with fraudulent transactions from banking activities. I would like to apply some ML algorithms for purposes of my PHD researches.
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The following paper talks about fraudulent transactions in credit cards which resulted in USD 3 billion loss to North American banks and other financial institutions; you may want to check it out:
Deep learning detecting fraud in credit card transactions‏
A Roy, J Sun, R Mahoney, L Alonzi… - 2018 Systems and …, 2018‏ - ieeexplore.ieee.org‏