Digital Transformation in the Finance Sector

Gökhan Özer (ed)
Gebze Technical University
https://orcid.org/0000-0002-3255-998X
Rahmi Yücel (ed)
Bolu Abant İzzet Baysal University
https://orcid.org/0000-0001-8601-921X
Hülya Er (ed)
Bolu Abant İzzet Baysal University
https://orcid.org/0000-0002-3715-2433

Synopsis

Technology has affected many sectors from the past to the present. With the development of technology, it is seen that financial technologies bring about great change and innovation in the financial sector. While financial technology (FinTech) offers individuals, companies, and organizations the opportunity to have more accessible financial services, make faster and cheaper transactions, and take better security measures, these new-generation technologies have also begun to change the financial sector.

The book makes significant contributions to those who want to understand the digital transformation process in the financial sector and evaluate the future role of financial technologies. It aims to contribute to individuals, companies, and organizations in order to understand and evaluate the digital change process in the financial sector and explain this change to readers. It will also explain the future role of FinTech in the financial sector, helping policymakers, industry representatives, entrepreneurs, students, and anyone else interested in this field to understand the important changes in this field.

The digital transformation book in the financial sector, digital banking services, digital capital markets, and smart contracts redefines the world of finance and discusses how this transformation took place and its role in the future. Additionally, the rise of decentralized finance (DeFi) and the role of blockchain technology in the financial sector have the potential to make the financial system more transparent and reliable. Metaverse technology opens the door to virtual worlds and explains the potential future impacts of this technology and the changes it may bring to the financial industry. It offers ideas on how tokeconomy's growth and reflection on the field of finance can bring about a change in financial services and their accounting, with exemplary practices. It includes information about examining digital transformation and fintech solutions in the finance sector and innovations implemented in the field. Adopting green transformation in digital finance helps companies in the financial sector achieve their sustainability goals and increase their financial success. Finally, the impact of FinTech on taxation and operational costs in this book is discussed and it is emphasized how the financial sector can adapt to this digital transformation process.

This book is presented to readers with the contributions of esteemed who are experts in the field of innovations offered by digital transformation in the financial sector.

Prof. Dr. Gökhan ÖZER

September, 2023

How to cite this book

Özer, G. & Yücel, R. & Er, H. (eds.) (2023). Digital Transformation in the Finance Sector. Özgür Publications. DOI: https://doi.org/10.58830/ozgur.pub245

License

Published

September 27, 2023

ISBN

PDF
978-975-447-730-6

DOI