Browsing by Author "Dr. Haroon Rashid"

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    Impact of Fintech on banking
    (Library Information Services, COMSATS University Islamabad, Lahore Campus, 2020) Jaweria Khalid; SP17-BBA-015; Dr. Haroon Rashid; LHR TP 6731
    Financial technology, or “Fintech” as it is popularly known, is one of the most discussed pieces of jargon in financial literature and practice today. The word is a kind of umbrella term that encompasses any kind of technology that is utilised in assisting functions and processes in the financial sector. Indeed, financial technology has been around for a considerably long period of time; ever since the adoption of, say, automated teller machines more than a century earlier, to the adoption of credit cards in the 1950s, and the implementation of internet banking services in the 1990s. However, it has risen dramatically to fame from 2016 onwards, with the mainstream becoming more and more acclimatized to the nature and the scope of the services that it has made possible. This has been demonstrated in the following search graph from Google (Hunjar, 2014).
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    Industry 4.0 revolution
    (Library Information Services, COMSATS University Islamabad, Lahore Campus, 2020) Shehral Idrees; SP17-BBA-015; Dr. Haroon Rashid; LHR TP 6731
    Industry 4.0 pertains to the fourth industrial revolution that has been witnessed in the world of business. This revolution is distinct from the three that came before it, in light of its focus on digitisation, and the optimization of industrial connectivity and productivity through the same. The process builds on the dramatic improvements that have occurred in information and communications management systems subsequent to the third industrial revolution that took place in the 1960s, with the invention of the personal computer, semiconductors, etc. With massive improvements in the processing speeds of computers; the kinds of automation capabilities that have opened up for industries as a result of the same; the kinds of software and data management services that have been made possible by corporations which are experienced in this field, such as Microsoft, Accenture, etc. the concept has taken a firm hold of the entrepreneurial consciousness in the 21st century, and is only likely to continue growing in strength as time goes by.