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The New Horizon of Banking

Author

Listed:
  • Joseph Jye-Cherng Lyu

    (Bank of Taiwan, Republic of Chinavickylee1030@hotmail.com)

Abstract

Based on my more than 40 years of practical experience in banking and my forward-looking vision as a banker, I would share the five major development trends of banks with the distinguished guests under the theme of “The New Horizon of Banking†, including: (1) ESG as an essential embodiment of contemporary responsible finance; (2) the digital transformation of the banking industry as a long-term evolutionary process; (3) the evolution of payment models and the new state of money; (4) cross-industry alliances between the banking and nonbanking industries; and (5) the increasing importance of regulatory technology, RegTech.

Suggested Citation

  • Joseph Jye-Cherng Lyu, 2022. "The New Horizon of Banking," Review of Pacific Basin Financial Markets and Policies (RPBFMP), World Scientific Publishing Co. Pte. Ltd., vol. 25(03), pages 1-13, September.
    • Handle: RePEc:wsi:rpbfmp:v:25:y:2022:i:03:n:s0219091522500217
    DOI: 10.1142/S0219091522500217
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