The effects of information and communication technologies on the banking sector and the payments system

This dissertation studies the effects of Information and Communication Technologies (ICT) on the banking sector and the payments system. It provides insight into how technology-induced changes occur, by exploring both the nature and scope of main technology innovations and evidencing their economic implications for banks and payment systems. Some parts in the dissertation are descriptive. They summarise the main technological developments in the field of finance and link them to economic policies. These parts are complemented with sections of the study that focus on assessing the extent of technology application to banking and payment activities. Finally, it includes also some work which borrows from the economic literature on banking. The need for an interdisciplinary approach arises from the complexity of the topic and the rapid path of change to which it is subject. The first chapter provides an overview of the influence of developments in ICT on the evolution of financial services and international capital flows. We include main indicators and discuss innovation in the financial sector, exchange rates and international capital flows. The chapter concludes with impact analysis and policy options regarding the international financial architecture, some monetary policy issues and the role of international institutions. The second chapter is a technology assessment study that focuses on the relationship between technology and money. The application of technology to payments systems is transforming the way we use money and, in some instances, is blurring the definition of what constitutes money. This chapter surveys the developments in electronic forms of payment and their relationship to the banking system. It also analyses the challenges posed by electronic money for regulators and policy makers, and in particular the opportunities created by two simultaneous processes: the Economic and Monetary Union and the increasing use of electronic payment instruments. The third chapter deals with the implications of developments in ICT on relationship banking. The financial intermediation literature explains relationship banking as a type of financial intermediation characterised by proprietary information and multiple interactions with customers. This form of banking is important for the financing of small and medium-sized enterprises. We discuss the effects of ICT on the banking sector as a whole and then apply these developments to the case of relationship banking. The fourth chapter is an empirical study of the effects of technology on the banking business, using a sample of data from the Spanish banking industry. The design of the study is based on some of the events described in the previous chapters, and also draws from the economic literature on banking. The study shows that developments in information management have differential effects on wholesale and retail banking activities. Finally, the last chapter is a technology assessment study on electronic payments systems in Spain and the European Union. It contains an analysis of existing payment systems and ongoing or planned initiatives in Spain. It forms part of a broader project comprising a series of country-specific analyses covering ten European countries. The main issues raised across the countries serve as the starting point to discuss implications of the development of electronic money for regulation and policies, and in particular, for monetary-policy making.

Mobile Internet : perspectives from the Stakeholders

Mobile internet represents a major new trend in communication technologies use and consumption, but few evidence exists that confirms claims of novelty and social change in association with this technology use. This paper characterizes the use of mobile internet in a southern European country and associated patterns of use, focusing both on users’ profiles, forms of access, motivations to use and most popular activities undertaken via this technology, from a diffusion of innovations and social adoption of technologies perspectives, and tries to compare mobile it with fixed access to the internet in order to validate possible transformations that point to new social configurations. We seek to understand the way stakeholders perceive and characterize the European context of mobile internet. The depicted study involved a qualitative stage consisting of a set of interviews with mobile communications industry representatives and market research community in the country. These interviews were analysed in Nvivo, leading to the following eleven main categories that are explored throughout the paper: smartphones in Europe, mobile internet in Europe, users profiles, obstacles to the spread, forms of access, forms of use, motivations to use mobile internet, limitations of smartphones, apps, digital divide VS digital union and predictions for the future, as well as several subcategories forming a tree categorization. According to the data collected, mobile phones’ sales are decreasing in Europe and worldwide but on the other hand smartphones are having an exponential growth which leads to the democratization of internet access via mobile devices. As a consequence of this, it is believed that mobile internet access will soon exceed the fixed one. Mobile internet users are multiplatform, they exploit all the possibilities of mobility and they are spending less time on computers. The main obstacles to the spread of mobile internet are the high prices of price plans and there is still a lack of information and knowledge regarding the service. Mobile internet users are developing new online surfing behaviours based on apps and less in browsers and social networks represent a very high share of internet traffic through mobile phones. With mobility, “dead time” is turning into useful time and users are more likely to be available to try new services and analyze products. Innovative services concerning geolocation, consumerism, share and relationships are growing and it is necessary to highlight that mobile internet allows calling and texting, which can turn telecommunications companies into the role of Dump Pipes. This exploratory design raises questions in relation with mobile internet access and its social consequences, and provides interesting indicative research results relevant for future research in this area.

Centros de recursos tecnológicos na Educação especial : um contributo para a sua avaliação

Na sociedade do conhecimento em que nos encontramos entendemos que todos os alunos devem ter acesso à informação e ao conhecimento, independentemente das suas capacidades e limitações. As novas tecnologias da informação e da comunicação constituem-se como uma mais-valia para os alunos com necessidades educativas especiais (NEE), sendo os apoios tecnológicos uma das soluções existentes para minorar as suas limitações físicas e intelectuais, aumentando deste modo, a qualidade de vida, a participação na sociedade e integração profissional dos mesmos. Para incluir digitalmente estes alunos, o Ministério da Educação criou os Centros de Recursos de Tecnologias da Informação e Comunicação (CRTIC, 2007), no sentido de cumprir com o Plano de Ação para a Integração das Pessoas com Deficiência (PAIPDI, 2006) e a reforma a Educação especial com a aplicação do decreto-lei n.º 3/08, de 7 de janeiro. Por conseguinte, decidimos investigar, após ter conhecimento da criação dos CRTIC para a Educação especial, realizando um estudo em cinco centros, a nível nacional, optando por uma investigação de natureza qualitativa, com entrevista, observação e pesquisa documental. O nosso principal objetivo foi verificar se estes centros disponibilizavam meios tecnológicos a todos os alunos com NEE, de acordo com os princípios da educação inclusiva ou se eram só para alguns. Após a análise dos dados recolhidos consideramos que existem algumas diferenças no cumprimento das normas orientadoras estipuladas pelo governo, no que diz respeito ao funcionamento e funções da equipa responsável, isto é, os responsáveis pelos centros incrementam a sua atividade essencialmente em duas vertentes: na avaliação dos alunos para adequação de tecnologias de apoio e acompanhamento/monitorização dos processos. Os docentes utilizadores dos centros disseram que os centros são úteis para a educação especial, no entanto, existe algum desconhecimento sobre os serviços prestados pelos mesmos.

The importance of local museums in Portugal

The widening of the notion of heritage and the consequent redefinition of the “museological object”, the idea of community participation in the definition and management of the museological practice, museology as a development factor, the issues of interdisciplinarity, the use of “new technologies” of information and museography as an autonomous communications means, are examples of issues resulting from contemporary museological practices. If indeed museology in Portugal intends to continue to participate in international museology’s renovation process, it is evident that it must adequately (re)think theoretical and practical museology so as to meet the new demands…

Texte de présentation sur les concepts muséologiques dans leurs rapports avec les systèmes muséologiques actuels responsables de bouleversements: une double hystérie ?

Les concepts, les notions, les langages qui en découlent, sont intimement lies aux systèmes et aux contextes qui alimentent la forme et la vie du musée. Depuis que la question se pose, où va la muséologie qui a emprunté la voie du changement dans les années 70, 80 et 90, une réflexion sur les principaux vecteurs de transformation de l’institution dex fois séculaire s’impose. Bien que la plupart des musées et de ses dérivatifs (60%) possédant une crédibilité dans le monde occidental , malgré les réformes de modernisation introduites ( attention aux publics, presentation améliorée ) demeurent attachés à la tradition qui en determine l’image, on peut affirmer, sans se tromper, qu’un pan considerable de la muséologie de la période post-moderne (20% en terme de volume d’activité ) est à peine reconnaissable, si on se réfère à la periode antérieure à la deuxième moitié du 20ème siècle. Le concept de MUSEE, dans deux champs antagonistes ou complémentaires, selon l’angle d’analyse, soit la muséologie entrée de plein pied dans les industries culturelles de l ‘ère des communications, et la muséologie (ou l’anti-musée) ayant adopté le parti-pris de l’intervention sociale, véhicules de systèmes idéologiques et organisationnels rompant radicalement avec un passé recent, se partageant entre la mondialisation globalisante et les aspirations du mouvement alter-mondialiste puissant dans la tradition associative. Tributaires d’une part des luttes libératrices (60/70), de la contestation des valeurs, d’autre part des technologies (80/90), de la globalisation (90. ), ces musólogies ( systéme binaire ) prennent la vedette à l’aide de changements irréversibles dans l’ordre des functions du musée.

Maturidade de plataformas SOA Open Source vs proprietários

O bom funcionamento de uma empresa passa pela coordenação dos seus vários elementos, pela fluidez das suas operações diárias, pelo desempenho dos seus recursos, tanto humanos como materiais, e da interacção dos vários sistemas que a compõem. As tecnologias empresariais sentiram um desenvolvimento contínuo após a sua aparição, desde o processo básico, para gestão de processos de negócios (BPM), para plataformas de recursos empresariais (ERP) modernos como o sistema proprietário SAP ou Oracle, para conceitos mais gerais como SOA e cloud, baseados em standards abertos. As novas tecnologias apresentam novos canais de trânsito de informação mais rápidos e eficientes, formas de automatizar e acompanhar processos de negócio e vários tipos de infra-estruturas que podem ser utilizadas de forma a tornar a empresa mais produtiva e flexível. As soluções comerciais existentes permitem realizar estes objectivos mas os seus custos de aquisição podem revelar-se demasiado elevados para algumas empresas ou organizações, que arriscam de não se adaptar às mudanças do negócio. Ao mesmo tempo, software livre está a ganhar popularidade mas existem sempre alguns preconceitos sobre a qualidade e maturidade deste tipo de software. O objectivo deste trabalho é apresentar SOA, os principais produtos SOA comerciais e open source e realizar uma comparação entre as duas categorias para verificar o nível de maturidade do SOA open source em relação às soluções SOA proprietárias.

A Multi Bearer Adaptable Communication Demonstrator for Train-to-Ground IP Communication to Increase Resilience

Preprint version

Role and potential influence of technologies on the most relevant challenges for long-term care. ENEPRI Research Report No. 113, 26 June 2012

This report considers three case studies (namely diabetes, dementia and obesity) for setting up a framework to assess the systemic influences of technologies in the long-term care milieu, using a problem-driven approach in relation to health care. Such technologies could be an enabling factor or a catalyser of advances taking place in the health and social sectors. They offer opportunities to support and amplify relevant organisational changes in the context of innovative care models, which stem from overall policies and regulations of a national or regional jurisdiction to address the future sustainability of health and social care.