Enterprise Risk Management in The IR4.0 Era: Designing Business Model Options for Bank-of-the-Future
The world is moving at a fast pace with the digital economy. A fourth industrial revolution has emerged, known as Industry Revolution 4.0. Just like autonomous cars promise to be the norm one day, the bank of the future will be mostly digital. However, together with the opportunity, this will also b...
Saved in:
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Research Publish Journals
2020
|
Subjects: | |
Online Access: | http://irep.iium.edu.my/78282/1/IJCMI_Oct19_March2020_BotF_Enterprise%20Risk%20Management.pdf http://irep.iium.edu.my/78282/ http://www.researchpublish.com |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
my.iium.irep.78282 |
---|---|
record_format |
dspace |
spelling |
my.iium.irep.782822020-02-05T07:55:43Z http://irep.iium.edu.my/78282/ Enterprise Risk Management in The IR4.0 Era: Designing Business Model Options for Bank-of-the-Future Umar, Nur Fadhilah Ahmad Dahlan, Abdul Rahman H Social Sciences (General) HD61 Risk Management HD72 Economic growth, development, planning L Education (General) The world is moving at a fast pace with the digital economy. A fourth industrial revolution has emerged, known as Industry Revolution 4.0. Just like autonomous cars promise to be the norm one day, the bank of the future will be mostly digital. However, together with the opportunity, this will also bring with it many new challenges such as cyber-threats. Cyber-threats have been targeting the financial sector worldwide. Downtime can cause widespread disruption and massive damage to an organization's services, bottom line and reputation. Banks are also exposed to market risk, interest rate risk, credit risk, liquidity risk, and operational risk. For any bank, the measurement and management of risk is of the utmost importance. This article will discuss on the business model of the Bank-of-the-Future (BotF), the risk and challenges, as well as the enterprise risk management by using business model canvas (BMC) framework to develop BotF business model options. Research Publish Journals 2020-01-01 Article PeerReviewed application/pdf en http://irep.iium.edu.my/78282/1/IJCMI_Oct19_March2020_BotF_Enterprise%20Risk%20Management.pdf Umar, Nur Fadhilah and Ahmad Dahlan, Abdul Rahman (2020) Enterprise Risk Management in The IR4.0 Era: Designing Business Model Options for Bank-of-the-Future. International Journal of Management and Commerce Innovations, Vol. 7 (Issue 2). pp. 817-821. ISSN 2348-7585 http://www.researchpublish.com |
institution |
Universiti Islam Antarabangsa Malaysia |
building |
IIUM Library |
collection |
Institutional Repository |
continent |
Asia |
country |
Malaysia |
content_provider |
International Islamic University Malaysia |
content_source |
IIUM Repository (IREP) |
url_provider |
http://irep.iium.edu.my/ |
language |
English |
topic |
H Social Sciences (General) HD61 Risk Management HD72 Economic growth, development, planning L Education (General) |
spellingShingle |
H Social Sciences (General) HD61 Risk Management HD72 Economic growth, development, planning L Education (General) Umar, Nur Fadhilah Ahmad Dahlan, Abdul Rahman Enterprise Risk Management in The IR4.0 Era: Designing Business Model Options for Bank-of-the-Future |
description |
The world is moving at a fast pace with the digital economy. A fourth industrial revolution has emerged, known as Industry Revolution 4.0. Just like autonomous cars promise to be the norm one day, the bank of the future will be mostly digital. However, together with the opportunity, this will also bring with it many new challenges such as cyber-threats. Cyber-threats have been targeting the financial sector worldwide. Downtime can cause widespread disruption and massive damage to an organization's services, bottom line and reputation. Banks are also exposed to market risk, interest rate risk, credit risk, liquidity risk, and operational risk. For any bank, the measurement and management of risk is of the utmost importance. This article will discuss on the business model of the Bank-of-the-Future (BotF), the risk and challenges, as well as the enterprise risk management by using business model canvas (BMC) framework to develop BotF business model options. |
format |
Article |
author |
Umar, Nur Fadhilah Ahmad Dahlan, Abdul Rahman |
author_facet |
Umar, Nur Fadhilah Ahmad Dahlan, Abdul Rahman |
author_sort |
Umar, Nur Fadhilah |
title |
Enterprise Risk Management in The IR4.0 Era: Designing Business Model Options for Bank-of-the-Future |
title_short |
Enterprise Risk Management in The IR4.0 Era: Designing Business Model Options for Bank-of-the-Future |
title_full |
Enterprise Risk Management in The IR4.0 Era: Designing Business Model Options for Bank-of-the-Future |
title_fullStr |
Enterprise Risk Management in The IR4.0 Era: Designing Business Model Options for Bank-of-the-Future |
title_full_unstemmed |
Enterprise Risk Management in The IR4.0 Era: Designing Business Model Options for Bank-of-the-Future |
title_sort |
enterprise risk management in the ir4.0 era: designing business model options for bank-of-the-future |
publisher |
Research Publish Journals |
publishDate |
2020 |
url |
http://irep.iium.edu.my/78282/1/IJCMI_Oct19_March2020_BotF_Enterprise%20Risk%20Management.pdf http://irep.iium.edu.my/78282/ http://www.researchpublish.com |
_version_ |
1662753806367064064 |
score |
13.188455 |