Contemporary Studies of Risks in Emerging Technology

The global financial crisis has highlighted major weaknesses in financial records, information, and data, leading to inadequacies in access to financial records and information, higher operational risks, flawed bankruptcies, and foreclosure proceedings. The Lockdown due to the COVID-19 pandemic has increased the scope for criminals to exploit vulnerabilities and commit financial crimes, with criminals exploiting vulnerabilities, increasing the risks of cyber-attacks, money laundering, and terrorist financing. Research is needed to identify trends, tools, and applications that will provide the needed records, information, and data to support more effective financial analysis and risk management. FinTech has become one of the most pioneering and cost-effective disruptive technologies, allowing start-ups, financial service providers, and other sectors to accomplish an augmented pace of growth. Contemporary Studies of Risks in Emerging Technology: Part A also highlights how emerging technologies are altering the subtleties of doing business for financial services benefactors, the possibility of emerging technologies, advantages and disadvantages, technology-linked issues/challenges in financial services, and drivers of this revolution.

Format: Hardback
Length: 368 pages
Publication date: 10 May 2023
Publisher: Emerald Publishing Limited

The rapid development of technologies has become increasingly crucial in today's world, as it is essential to stay informed about new and emerging technologies. This series aims to provide valuable content on current and future technologies, exploring how the young generation can benefit from these advancements.

The global financial crisis has brought to light significant weaknesses in financial records, information, and data, leading to inadequate access to financial records, increased operational risks, flawed bankruptcies, and foreclosure proceedings. The COVID-19 pandemic has further exacerbated these issues, with the lockdown increasing the scope for criminals to exploit vulnerabilities and commit financial crimes. The increased online presence and homeworking have expanded the attack surface for cybercriminals, who are exploiting vulnerabilities, increasing the risks of cyber-attacks, money laundering, and terrorist financing.

In response to these challenges, there is a need for research to identify trends, tools, and applications that can provide the necessary records, information, and data to support more effective financial analysis and risk management. Financial Technology (FinTech) has emerged as one of the most pioneering and cost-effective disruptive technologies, enabling several start-ups, financial service providers, and other sectors to achieve accelerated growth.

Contemporary Studies of Risks in Emerging Technology: Part A also delves into how emerging technologies are transforming the dynamics of doing business for financial services benefactors, the potential of emerging technologies, their advantages and disadvantages, technology-linked issues/challenges in financial services, and the drivers behind this revolutionary shift.

By staying informed and embracing these technological advancements, we can mitigate the risks associated with financial crimes and improve the efficiency and security of financial systems.

Weight: 656g
Dimension: 238 x 159 x 26 (mm)
ISBN-13: 9781804555637