Download or read book The Effect of Information Technology Use on Banks Performance in Lebanon written by Rola Nayef Modad and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's open and liberal financial market which promotes competition and the importance of customer service's satisfaction, banks should be able to compete in the markets. New dimensions and new horizons are being explored by the banks in order to satisfy the largest numbers of customers, become more competitive, improve their performance and be able to meet the constant changing needs of the market. The purpose of this study was to understand Information Technology and its effect on the banks' performance. For this the need of new technology was identified, the achievements through technological innovations were described and the impact on the banks' business activities were studied. The study involved a group of banks in Lebanon; one of them is the first to apply information technology while the five other banks have been using IT more recently. The methodology used to obtain the data needed was through two sets of questionnaires, related to the use of IT and to the banks' p ...

Download or read book ICT for an Inclusive World written by Youcef Baghdadi and published by Springer Nature. This book was released on 2020-01-30 with total page 597 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the impact of information and communication technologies (ICTs) on organizations and on society as a whole. Specifically, it examines how such technologies improve our life and work, making them more inclusive through smart enterprises. The book focuses on how actors understand Industry 4.0 as well as the potential of ICTs to support organizational and societal activities, and how they adopt and adapt these technologies to achieve their goals. Gathering papers from various areas of organizational strategy, such as new business models, competitive strategies and knowledge management, the book covers a number of topics, including how innovative technologies improve the life of the individuals, organizations, and societies; how social media can drive fundamental business changes, as their innovative nature allows for interactive communication between customers and businesses; and how developing countries can use these technologies in an innovative way. It also explores the impact of organizations on society through sustainable development and social responsibility, and how ICTs use social media networks in the process of value co-creation, addressing these issues from both private and public sector perspectives and on national and international levels, mainly in the context of technology innovations.

Download or read book Effects of Information Technology on Financial Services Systems written by and published by . This book was released on 1984 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Using Analytical Tools for Measuring Bank Efficiency and Performance written by Tala Mohammad Ali Mahfouz and published by . This book was released on 2011 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lebanese banking sector is considered as the backbone of the Lebanese economy as it is the most active sector; however, little literature is available on the performance and efficiency measurement of this sector in Lebanon. This research project filling the gap by providing a thorough analysis of the performance of the sector over a thirteen year period extending from 1997 to 2009. The analytical tool used is data envelopment analysis (DEA). DEA is a non-parametric frontier approach for strategic performance measurement that evaluates relative efficiencies of banks. DEA window analysis and productivity analysis are used to understand the changes in performance over time. For the purpose of conducting a thorough analysis of the Lebanese banking sector using DEA, this research project sheds light on Lebanon bank performance. Also, this research project covers recent literature on the use of DEA on banking, literature on bank performance in the MENA region, and available literature on the performance of Lebanese banks. This research project builds on the work performed by Osman, Hitti, & Al-Ayoubi, (2008) that was presented at the European and Mediterranean Conference on Information Systems. This research project adds two contributions to the previous paper; it extends the study period by adding five more years (up to year 2009) and challenges the previous selection of input and output variables. The findings show that different input and output variables can change the findings vastly. Also, the research project uncovers the indirect adverse effect of the 2008 global financial crisis on the Lebanese banks efficiency. This finding is interesting in light of the Lebanese banks' increasing total assets driven from the increasing total deposits thus calling for future research directions. Finally, the research project show that productivity improvements in the Lebanese banking sector is mainly driven by technological advancements rather than managerial skills, and hence concludes to the room for banks to invest internally in their organization.

Download or read book Does IT Help written by Toni Ahnert and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper provides novel evidence on the importance of information technology (IT) in banking for entrepreneurship. To guide our analysis, we build a parsimonious model of bank screening and lending. The model predicts that IT in banking can spur entrepreneurship by making it easier for startups to borrow against collateral. We empirically show that job creation by young firms is stronger in US counties that are more exposed to IT-intensive banks. Consistent with a strengthened collateral channel, entrepreneurship increases by more in IT-exposed counties when house prices rise. Regressions at the bank level further show that banks' IT adoption makes credit supply more responsive to changes in local house prices, and reduces the importance of geographical distance between borrowers and lenders. These results suggest that IT adoption in the financial sector can increase dynamism by improving startups' access to finance."--Abstract.

Download or read book The Impact of Artificial Intelligence on Governance Economics and Finance Volume I written by Sezer Bozkuş Kahyaoğlu and published by Springer Nature. This book was released on 2021-04-26 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book discusses the effects of artificial intelligence in terms of economics and finance. In particular, the book focuses on the effects of the change in the structure of financial markets, institutions and central banks, along with digitalization analyzed based on fintech ecosystems. In addition to finance sectors, other sectors, such as health, logistics, and industry 4.0, all of which are undergoing an artificial intelligence induced rapid transformation, are addressed in this book. Readers will receive an understanding of an integrated approach towards the use of artificial intelligence across various industries and disciplines with a vision to address the strategic issues and priorities in the dynamic business environment in order to facilitate decision-making processes. Economists, board members of central banks, bankers, financial analysts, regulatory authorities, accounting and finance professionals, chief executive officers, chief audit officers and chief financial officers, chief financial officers, as well as business and management academic researchers, will benefit from reading this book.

Download or read book Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.

Download or read book Role of IT ITES in Economic Development of Asia written by Soumyen Sikdar and published by Springer Nature. This book was released on 2020-10-09 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the contribution of Information Technology (IT) and Information Technology Enabled Services (ITES) in shaping the current and future global economic scenario, with a special focus on Asia, and taking into account the three broad macroeconomic dimensions — growth, sustainability and governance mechanisms. The last two decades have witnessed a structural shift in the world economy due to the tremendous growth in gross domestic product share for the service sector; in fact, service has emerged as the dominant sector and the main driver of GDP growth. This is mainly attributable to the spectacular success of the IT sector in the new knowledge economy. Tradability, technology and transportability – the three T’s – govern productivity growth in today’s services. Growing Asian economies such as India, China and Vietnam, using their demographic advantages, have been reaping the benefits of this boom. The book’s content focuses on recent debates and discussions concerning the issue of long-term sustainability and governance, especially in India, as these companies are facing continuous challenges in terms of international competition, salary inflation, health hazards, scarcity of talent, employee attrition, security concerns, global slowdown and many other technology-related issues. The book further highlights how the increased application of IT-based products and services is resulting in harsh inequalities concerning income distribution in many developing countries of Asia, mainly because of its labor shedding nature, and hence might be detrimental to sustainable development, if suitable policy measures are not implemented to counter these effects. The book provides a wealth of information for researchers, graduate students and political scientists alike, as well as thought-provoking insights for social scientists, policymakers and government officials. It also offers a valuable source of data for business and management professionals, and for members of Chambers of Commerce and Industry.

Download or read book ICT for a Better Life and a Better World written by Youcef Baghdadi and published by Springer. This book was released on 2019-02-13 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the impact of information and communication technologies (ICTs) on organizations and society as a whole. Specifically, it examines how such technologies improve our lives and facilitate our work. A main aspect explored is how actors understand the potential of ICTs to support organizational activities and hence, how they adopt and adapt these technologies to achieve their goals. The book collects papers on various areas of organizational strategy, e.g. new business models, competitive strategies, knowledge management and more. The main areas dealt with are new technologies for a better life, innovations for e-government, and technologies enhancing enterprise modeling. In addition, the book addresses how organizations impact society through sustainable development and social responsibility, and how ICTs employ social media networks in the process of value co-creation.

Download or read book The Impact of Information Technology on the Efficiency of Banks written by Abdullah Omar and published by . This book was released on 2014 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Use of Information technologies (IT's) is increasing day by day in banking industry all over the world. Investment in IT is helping the top level management in achieving their objectives and anticipated targets. This empirical study reveals the contribution and role of IT on the efficiency of bank and also explores the existence of relationship between the investment in IT and bank efficiency measures. The result shows that investment in information system is contributing towards increase market share, reducing operating cost, improved customer services and assisting the banks in introducing new products and services. These are the major benefits of investment in IT which are propelling many banks to invest in IT. That is the reason that most of the organizations in Pakistan are using the IT as competitive tool. The banks in Khyber Pukhtoon Khowa (KPK), a province of Pakistan are using IT to get competitive advantage as well.

Download or read book Impact of Globalization and Advanced Technologies on Online Business Models written by Ho, Ree C. and published by IGI Global. This book was released on 2021-02-05 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: Online business has been growing progressively and has become the major business platform within the past two decades. The internet bulldozed the development of new business models and innovations that substantially changed the way businesses run today. This led to a growth of advanced technologies used in online business such as data analytics, machine learning, and artificial intelligence. With higher internet connectivity and the exponential growth of mobile devices, shopping processes and behaviors were significantly affected as people are consistently connected online. Consumers can easily gain helpful product information and retail competitor information in myriad online channels. This led to a profound effect on businesses where they began to invest in new technologies and business practices that aim to align with the effects of globalization. Given the rapid technology advancements, both businesses and customers are presently experiencing an exponential upsurge in the implementation of new business processes and models. Impact of Globalization and Advanced Technologies on Online Business Models explores the ever-changing field of running an online busines and presents the current issues and challenges in online business triggered by global shifts in the online environment and technological changes. The chapters draw from a wide range of technologies used in today’s digital marketplace as well as recent development and empirical researches on online consumer behavior. As such, this book aims to contribute new dimensions in managing advancements in online business triggered by global and technology transformation. This book is ideal for executives, managers, IT consultants, practitioners, researchers, academicians, and students interested in globalization and the new technologies affecting online business models.

Download or read book What Drives the Performance of Selected MENA Banks A Meta Frontier Analysis written by Hichem Ben-Khedhiri and published by International Monetary Fund. This book was released on 2011-02-01 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines the effect of financial-sector reform on bank performance in selected Middle Eastern and North African (MENA) countries in the period 1994 -2008. We evaluate bank efficiency in Egypt, Jordan, Morocco, Lebanon and Tunisia by means of Data Envelopment Analysis (DEA) and we employ a meta-frontier approach to calculate efficiency scores in a cross-country setting. We then employ a second-stage regression to investigate the impact of institutional, financial, and bank specific variables on bank efficiency. Overall, the analysis shows that, despite similarities in the process of financial reforms undertaken in the five MENA countries, the observed efficiency levels of banks vary substantially across markets, with Morocco consistently outperforming the rest of the region.Differences in technology seem to be crucial in explaining efficiency differences. To foster banking sector performance, policies should be aimed at giving banks incentives to improve their risk management and portfolio management techniques. Improvements in the legal system and in the regulatory and supervisory bodies would also help to reduce inefficiency.

Download or read book Effects of Information Technology on Financial Services Systems written by and published by . This book was released on 1986-06 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Importance of New Technologies and Entrepreneurship in Business Development In The Context of Economic Diversity in Developing Countries written by Bahaaeddin Alareeni and published by Springer Nature. This book was released on 2021-03-12 with total page 2139 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces the students, researchers and practitioners into the subject and enabling technologies and applications pertaining to of technology, entrepreneurship and business development through research articles, case studies etc. It is primarily intended for academic purposes for learners of computer Science, management, accounting and information systems disciplines, economics,- entrepreneurship. Publishing chapters in the book is new innovative idea to spread the book in the Middle East and Arab countries and make the book achieve more sales. As many students in all levels, graduates and undergraduates in addition to research, professionals are not able to get sufficient resources because of the language concern.

Download or read book The Impact of the Use of Information Systems on Job Satisfaction written by Bassem E. Maamari and published by LAP Lambert Academic Publishing. This book was released on 2013 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the fast developing technological environment and with increased competition, firms are seeking competitive advantages that support sustainable business models. These changes are introduced in haste into the work environment. With the limited time available for employees' adaptation, this human asset is still expected to perform and exceed expectations. However, the pressure to learn, adapt, change, perform, is increasing the work-stress and affecting employees' job satisfaction. This document helps the reader gain insight into the relationships between information system usage and employee job satisfaction in the commercial banking sector of Lebanon. The factors tested are important to the understanding of the job satisfaction process for employees in general, and for commercial banking employees more specifically. The findings of this field investigation support the importance the information system usage in this work environment, and puts forth practical suggestions to bank managers. The manuscript is interesting to IS/IT managers HR managers, to seeking an answer as to which is more important, consideration for people, or consideration for work?

Download or read book Proceedings of the BISTIC Business Innovation Sustainability and Technology International Conference BISTIC 2022 written by Dediek Tri Kurniawan and published by Springer Nature. This book was released on 2023-05-16 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access book. Department of Management Faculty of Economics Universitas Negeri Malang seeks high quality research paper for the 1st Business Innovation Sustainability and Technology International Conference (BISTIC) 2022 that was held on September 1st-2nd, 2022. We invite all professors, researchers, students, practitioners, and other enthusiasts to participate in The Business Innovation Sustainability and Technology International Conference (BISTIC) 2022 to present, share, and discuss the phenomenon depicted by academic research result as a strategic way to enlarge and enhance the research development together. This year, BISTIC is held as a virtual conference where there will be online presentation.

Download or read book Influence of Electronic Banking and the Internet on Lebanese Banking System written by Ali A. Darwish and published by . This book was released on 1997 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this research project is to show the inflow of technological means that affect business especially Lebanese banks. the Lebanese private sector seeks always to implement technologie sthat are aimed to provide increse in its profits. Electronic Banking is now adapted by foreign banks outside Lebanon (and soon it can be adapted) by the Lebanese banks. There exists in the market an array of advanced machines to serve customers in a faster pace, and as offer them new services to facilitate their daily transactions, thus easing economic business cycle. Internet is the most advanced communication mean in the present time. This network is causing a revolution in data availability. Data availability (liable data that decisions could be based upon) is very important and the more this data is available the more efficient users of this data will be. Most banks are connected to commercial networks that is used to send and receive information locally and on the international level. One major problem facing adaptation of this new technology is the Bank of Lebanon's regulations and the security (world wide problem) of those networks (I will not go into details concerning laws and regulations.) Another important aspect will be acquisition and implementation of new tools and skills resulting from this new technology. This technology is acquired from foreign countries and adapted according to Lebanese characteristics. Sooner or later banks will have to adapt since they are an active sector in the Lebanese economy and time for this shift will not be far.