| | |

Archive search


Fulltext search
Advanced filter

DETERMINANTS OF THE ADOPTION OF INNOVATIVE FINTECH SERVICES BY MILLENNIALS

Małgorzata Solarz, Magdalena Swacha-Lech

According to the study by Ernst & Young entitled: “Global FinTech Adoption Index 2019”, the level of users taking advantage of FinTech services, expressed as a percentage of the digitally active population for 27 selected countries in 2019 presented the level of 64%. It is worth pointing out that for China this figure amounted to 87%, Great Britain 71%, Switzerland 64% and the USA 46% (Ernst & Young, 2019). As highlighted by Anderson (2015), people of different generations and demographic backgrounds incorporate new technology into their lives at different rates. This paper is focused on Millennials alone, also referred to as Generation Y. This generation includes people born in the period from 1980 to 1995. Millennials, along with Generation Z (also known as iGen and referring to people born in the years 1996–2010), belong to the generations which currently generate highly significant changes in the environment of modern financial institutions (Swacha-Lech, 2019).
more

THE IMPACT OF SOVEREIGN WEALTH FUND OWNERSHIP ON THE FINANCIAL PERFORMANCE OF FIRMS: THE EVIDENCE FROM EMERGING MARKETS

Dariusz Urban

Sovereign Wealth Funds (SWFs) are still considered to be new-born institutional investors, in international financial markets, as well as innovative investment vehicles, despite their relatively long history. Several funds have been operating at a global level for more than fifty years, however the number of those created after the year 2000 represents the majority of the total in existence. For many years, these state-run funds have been almost anonymous investors, existing in the shadows, maintaining a low profile in the public eye. SWFs have been regarded as investment vehicles established in order to manage, in a rational and profitoriented way, pools of national wealth for future generations.
more

LIQUID ASSETS IN BANKING: WHAT MATTERS IN THE VISEGRAD COUNTRIES?

Pavla Vodová

During the global financial crisis, the financial sector has gone through a dramatic re-appraisal of liquidity risk. As a result of a continued drop in the market value of mortgage-backed securities from the subprime segment of the US market and the announcement of problems of some European banks, the interbank market came under extreme strain. This confidence crisis had the following consequences: (i) Amidst increased market nervousness, interbank interest rates sharply rose. (ii) Many segments of the structured credit and mortgage market ceased to trade at all, making it difficult to price outstanding positions. (iii) Investors sometimes failed to raise enough cash through asset sales. (iv) Interbank lending became scarce in a context of liquidity hoarding.
more

?
NAPOVEDA
reguired
Language