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Digital innovation in the Italian financial industry

Author

Listed:
  • Fabio Panetta

    (Vice Direttore Generale della Banca d’Italia)

Abstract

The opportunities offered by digital technologies represent a leverage for economic growth. Financial services have always relied on technology and evolved in line with technological innovation, but the supply of financial services will have to adapt more and more rapidly to digitization of consumption and production activities. Fintech should contribute to the development and competitiveness of the European financial system and economy but it is important to create a coherent and supportive regulatory framework and a competitive environment for traditional and new providers

Suggested Citation

  • Fabio Panetta, 2017. "Digital innovation in the Italian financial industry," BANCARIA, Bancaria Editrice, vol. 10, pages 54-56, October.
    • Handle: RePEc:ban:bancar:v:10:y:2017:m:october:p:54-56
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    File URL: http://www.bancaria.it/en/digital-innovation-in-the-italian-financial-industry/
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    Cited by:

    1. Campanella, Francesco & Serino, Luana & Battisti, Enrico & Giakoumelou, Anastasia & Karasamani, Isabella, 2023. "FinTech in the financial system: Towards a capital-intensive and high competence human capital reality?," Journal of Business Research, Elsevier, vol. 155(PA).

    More about this item

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management

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