IDEAS home Printed from https://ideas.repec.org/p/boj/bojrev/rev21e02.html
   My bibliography  Save this paper

Digital Transformation of Japanese Banks

Author

Listed:
  • Financial System and Bank Examination Department

    (Bank of Japan)

Abstract

With the rapid development of digital technology over the past few years, an increasing number of companies and governments around the world have taken steps toward "digital transformation (DX)." DX refers to drastically rebuilding management and business processes by adopting digital technology, which leads to improved management efficiency and the provision of higher value-added services. DX first took place in the non-financial sector, but it has also been expanding rapidly in the financial sector. Furthermore, DX is gradually accelerating due to increased needs for virtual services owing to the spread of COVID-19. This paper summarizes the trends and implications of Japanese banks' DX.

Suggested Citation

  • Financial System and Bank Examination Department, "undated". "Digital Transformation of Japanese Banks," Bank of Japan Review Series 21-E-2, Bank of Japan.
    • Handle: RePEc:boj:bojrev:rev21e02
    as

    Download full text from publisher

    File URL: https://www.boj.or.jp/en/research/wps_rev/rev_2021/data/rev21e02.pdf
    Download Restriction: no
    ---><---

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:boj:bojrev:rev21e02. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bank of Japan (email available below). General contact details of provider: https://edirc.repec.org/data/bojgvjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.