IDEAS home Printed from https://ideas.repec.org/p/mit/sloanp/1817.html
   My bibliography  Save this paper

E-Aggregation: The Present and Future of Online Financial Services in Asia-Pacific

Author

Listed:
  • Fujii, Hiroshi
  • Okano, Taeko
  • Madnick, Stuart
  • Siegel, Michael

Abstract

Many financial institutions have built websites to inform and attract customers. Financial aggregation present an opportunity by which they can build stronger relationships with customers. For example, financial account aggregation services began in the United States but are now widely used by in other countries. In this paper, we first classify aggregator types and their method for implementing their service. Second, we explain the differences between financial account relationship aggregation services in the U.S. and in Asia-Pacific countries. We then discuss the status of financial comparison aggregation services and related issues. Owing to the popularity of WAP phones and mobile phone service in Asia-Pacific, we will also look into the development of mobile aggregation services. Finally, we examine future directions for aggregators in conjunction with universal and global banking concepts

Suggested Citation

  • Fujii, Hiroshi & Okano, Taeko & Madnick, Stuart & Siegel, Michael, 2003. "E-Aggregation: The Present and Future of Online Financial Services in Asia-Pacific," Working papers 4405-02, Massachusetts Institute of Technology (MIT), Sloan School of Management.
  • Handle: RePEc:mit:sloanp:1817
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/1721.1/1817
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Setsuya Sato & John Hawkins, 2001. "Electronic finance: an overview of the issues," BIS Papers chapters, in: Bank for International Settlements (ed.), Electronic finance: a new perspective and challenges, volume 7, pages 1-12, Bank for International Settlements.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Guntram B. Wolff & Alexander Schulz, 2008. "Sovereign bond market integration: the euro, trading platforms and globalisation," European Economy - Economic Papers 2008 - 2015 332, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    2. Steven Li & Andrew C. Worthington, 2004. "The relationship between the adoption of Internet banking and electronic connectivity: - An international comparison," School of Economics and Finance Discussion Papers and Working Papers Series 176, School of Economics and Finance, Queensland University of Technology.
    3. Valentina Michelangeli & Eliana Viviano, 2024. "Can Internet Banking Affect Households' Participation in Financial Markets and Financial Awareness?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 56(4), pages 705-739, June.
    4. Jie Huang & Yixin Shen & Jianjun Chen & Ying Zhou, 2022. "Regional Digital Economy Development and Enterprise Productivity: A Study of the Chinese Yangtze River Delta," Regional Science Policy & Practice, Wiley Blackwell, vol. 14(S2), pages 118-137, November.
    5. Ledenyov, Dimitri O. & Ledenyov, Viktor O., 2015. "Wave function method to forecast foreign currencies exchange rates at ultra high frequency electronic trading in foreign currencies exchange markets," MPRA Paper 67470, University Library of Munich, Germany.
    6. Emilia Bonaccorsi di Patti & Giorgio Gobbi & Paolo Emilio Mistrulli, 2004. "The interaction between face-to-face and electronic delivery: the case of the Italian banking industry," Temi di discussione (Economic working papers) 508, Bank of Italy, Economic Research and International Relations Area.
    7. V. Uma Maheswari & Uma Chandrasekaran, 2018. "Buying Insurance Online: Are we there yet?," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 9(2), pages 30-41, May.
    8. Yu, Binbin, 2022. "The Impact of the Internet on Industrial Green Productivity: Evidence from China," Technological Forecasting and Social Change, Elsevier, vol. 177(C).
    9. Qi Luo & Dantong Zhang & Hao Wang, 2023. "Digital Economy, Industrial Structure, and Regional Trade Dependence: Mechanism Analysis Based on Chinese City Data," Sustainability, MDPI, vol. 15(17), pages 1-12, August.
    10. Schulz, Alexander & Wolff, Guntram B., 2009. "Sovereign bond market integration: the euro, trading platforms and financial crises," MPRA Paper 16900, University Library of Munich, Germany.
    11. Anna Nagurney & Ke Ke, 2003. "Financial networks with electronic transactions: modelling, analysis and computations," Quantitative Finance, Taylor & Francis Journals, vol. 3(2), pages 71-87.
    12. Mr. Marco Arnone & Mr. Luca Bandiera, 2004. "Monetary Policy, Monetary Areas, and Financial Development with Electronic Money," IMF Working Papers 2004/122, International Monetary Fund.

    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:mit:sloanp:1817. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: None (email available below). General contact details of provider: https://edirc.repec.org/data/ssmitus.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.