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Open Banking and Digital Disruptions: Would Retail Bankers be Losing their Jobs?

Author

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  • Maruf Gbadebo Salimon

    (Department of Marketing, Universiti Utara Malaysia, Malaysia)

Abstract

In 1990, Bill Gates argued that banking is necessary, but banks are not. This statement that was made almost three decades ago seems to be the reality of recent events in the landscape of banking and payment industry. The reality is almost done on retail bankers especially that the payment system is becoming open and highly liberated. In Europe, specifically, banks are faced with enormous threats due to the rapid and widespread changes which are ushered in by the digital disruptions that might take away the jobs of the traditional bankers.

Suggested Citation

  • Maruf Gbadebo Salimon, 2019. "Open Banking and Digital Disruptions: Would Retail Bankers be Losing their Jobs?," Annals of Social Sciences & Management studies, Juniper Publishers Inc., vol. 4(3), pages 90-91, October.
    • Handle: RePEc:adp:oajasm:v:4:y:2019:i:3:p:90-91
    DOI: 10.19080/ASM.2019.04.555639
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    More about this item

    Keywords

    juniper publishers; social sciences journals; social anthropology; social policy; journal of social science; social and political science journals; journal of social science; open access; juniper publishers reivew;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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