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Book cover for Contemporary Studies of Risks in Emerging Technology, a book by Simon Grima, Kiran Sood, Ercan Zen Book cover for Contemporary Studies of Risks in Emerging Technology, a book by Simon Grima, Kiran Sood, Ercan Zen

Contemporary Studies of Risks in Emerging Technology

2023 ᛫


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Summary


With the rapid development of technologies, it becomes increasingly important for us to remain up-to-date on new and emerging technologies. This series, therefore, aims to deliver content on current and future technologies and how the young generation benefits from this. The global financial crisis has highlighted major weaknesses in financial records, information, and data. These weaknesses have led to inadequacies in the access to financial records and information, higher operational risks, flawed bankruptcies, and foreclosure proceedings. The Lockdown due to the ongoing pandemic COVID-19 has increased the scope for criminals to exploit vulnerabilities and commit financial crimes. The increased online presence and homeworking have significantly expanded the attack surface for cybercriminals. Criminals are exploiting vulnerabilities, increasing the risks of cyber-attacks, money laundering and terrorist financing. Research is therefore needed to identify trends, tools and applications that will provide the needed records, information, and data to support more effective financial analysis and risk management.


Financial Technology (FinTech) has become one of the most pioneering and cost-effective disruptive technologies. Initial adaptation of FinTech solutions has permitted several start-ups, financial service providers, and other assorted sectors to accomplish an augmented pace of growth. Contemporary Studies of Risks in Emerging Technology: Part A also highlights how emerging technologies are altering the subtleties of doing business for financial services benefactors, possibility of emerging technologies, advantages and disadvantages, technology linked issues/challenges in financial services, and also highlights drivers of this revolution.

Table of contents

  • Foreword 1; Pratik Priyadarshi

  • Foreword 2; Ramona Rupeika-Apoga
  • Chapter 1. Emerging Role of Blockchain in Banking Operations: An Overview; Aradhana Sharma, Dhiraj Sharma, and Rajni Bansal
  • Chapter 2. Process of Innovation and its Impact on a Sustainable Development and Digitalization in the Service Sector; Marica Mazurek
  • Chapter 3. A Study on Chatbots in the Indian Banking Sector; Reena Rani, James Kanda, Chanchal, and Taranjit Singh Vij
  • Chapter 4. Machine Learning Algorithm to Improve user’s Experience; Ambika N
  • Chapter 5. Emerging Technologies and their Game-Changing Potential: Lessons from Corporate World; Kumar Shalender, Babita Singla, and Sandhir Sharma
  • Chapter 6. Artificial Intelligence for Financial Services; Kuldeep Singh Kaswan, Jagjit Singh Dhatterwal, and Naresh Kumar
  • Chapter 7. Role of Blockchain Technology in the Financial Market; Jagjit Singh Dhatterwal and Kuldeep Singh Kaswan
  • Chapter 8. Intelligent Agent-Based Supply Chain Management Using Service-Oriented Architecture; Rajbala, Pawan Kumar Singh Nain, and Avadhesh Kumar
  • Chapter 9. The inherent risk of climate change becoming a hindrance in a business supply chain; Chabi Gupta and Swati Bhatia
  • Chapter 10. FinTech in Banking: Bibliometric and Content Analysis; Ruchika Jain and Neena Seth
  • Chapter 11. Is Blockchain the New Normal in Financial Sector? A Comprehensive Review; Samridhi Tanwar and Aakash Khindri
  • Chapter 12. Application of Blockchain in the Insurance Sector; Baljinder Kaur, Ramandeep Kaur, and Kiran Sood
  • Chapter 13. Tax System: Power Packed by Blockchain; Bhavna Sharma and Anurag Kumar
  • Chapter 14. Conceptual Framework Depicting the Drivers for the Fintech Growth- An Outlook for India; Shreya Arora and Pankaj Madan
  • Chapter 15. To Analyze the Impact of Multi-Media Technology on the Rural Entrepreneurship Development; Kavita Dahiya, Sanjay Taneja, and Ercan Özen
  • Chapter 16. Green Computing for Sustainable Future Technologies and Its Applications; Shazib Ahmad, Saksham Mishra, and Vandana Sharma
  • Chapter 17. Impact of Non-Performing Assets on the Profitability of the Indian Banking Sector; Baljinder Kaur, Rupinder Kaur, Kiran Sood, and Simon Grima
  • Chapter 18. Adoption of Blockchain Technology in the Financial Sector; Pawan Kumar, Ercan Özen, and Serap Vurur
  • Chapter 19. A Study of Optimal Portfolio Selection Using Quadratic Programming Modelling: Evidence from Indian Pharmaceutical Industry During Covid19 Times; Chetna and Dhiraj Sharma
  • Chapter 20. Blockchain Technology for the Financial Market; Keshav Kaushik

About the authors



Professor Simon Grima is the the Deputy Dean of the Faculty of Economics, Management and Accountancy, Associate Professor and the Head of the Department of Insurance. Simon is also a Professor at the University of Latvia, Faculty of Business, Management and Economics. His research focus and consultancy is on Risk Management, Internal Audit and Compliance.

Professor Kiran Sood is a Professor at Chitkara Business School, Chitkara University, Punjab, India. Kiran received her Undergraduate and PG degree in commerce from Panjab University respectively in the years 2002 and 2004.

Professor Ercan Özen is Associate Professor of Finance, in the Department of Banking and Finance, at the University of UÅŸak, Turkey.